PSP Capital-backed Ntiva completed the acquisition of The Purple Guys from Kian Capital Partners and ParkSouth Ventures.

PSP Capital-backed Ntiva, an IT services company. completed the acquisition of The Purple Guys, a provider of comprehensive managed IT services, from Kian Capital Partners and ParkSouth Ventures, two private equity firms. Financial terms were not disclosed. “We are excited to welcome TPG into the Ntiva family. Together, we will harness our combined strengths to redefine what it means to be an industry leader, providing unparalleled value to our clients and meaningful jobs to communities throughout the US. Our joint commitment and purpose of growing each other remains stronger than ever, as we set new benchmarks in the MSP sector," Steven Freidkin, Ntiva CEO.