Huron Capital Enters IT Services Sector with New Platform Investment
California-based InterVision Systems Added to Huron Capital's Business Services Portfolio
DETROIT, May 19, 2016 /PRNewswire/ -- Huron Capital Partners LLC ("Huron Capital") announced today that it has partnered with management to make an investment in the Santa Clara, California firm InterVision Systems, LLC ("InterVision"). The investment was completed in partnership with RLG Capital, a Utah-based independent sponsor, and other individual investors.
InterVision Systems, LLC is a leading integrator of technology solutions focused on helping clients optimize their IT infrastructure, better manage risk, and gain a competitive advantage. The company provides IT solutions, infrastructure and services for the cloud ecosystem (private, hybrid and public), allowing customers to achieve the full potential of a software defined data center. InterVision's vendor-certified sales and engineering staff have specialized expertise in all areas critical to IT environments. The company has headquarters in Santa Clara, Calif. and offices in San Francisco, Calif., El Segundo, Calif., and Bellevue, Wash.
"This partnership brings capital resources and expertise that we believe will allow InterVision to sustain our growth, building upon our 23-year legacy of exceptional customer service," said Whitney Tomlin, CEO of InterVision Systems. "We look forward to working with Huron and RLG to strengthen our infrastructure and grow the business."
"With our history of investing in business services companies, we think InterVision will be a great fit in the Huron Capital family," said Matt Hare, Huron Capital Principal. "The IT services market is large and growing, and we believe InterVision is well-positioned to capitalize on that trend. We will be working closely with Whitney and the team to pursue opportunities for growth, both organically and through acquisition."
About Huron Capital Partners LLC
Based in Detroit, Huron Capital is an operationally-focused private equity firm with a long history of growing lower middle-market companies through our proprietary ExecFactor® buy-and-build investment model. We prefer complex situations where we can help companies reach their full potential by combining our operational approach, substantial capital base, and transaction experience with seasoned operating executives. Founded in 1999, Huron Capital has raised over $1.1 billion in capital through four committed private equity funds and invested in over 100 companies, and our portfolio companies have employed over 11,000 people throughout North America. The Huron Capital buy-and-build investment model includes equity recapitalizations, family succession transactions, market-entry strategies, corporate carve-outs, and management buyouts of companies having revenues up to $200 million. Huron Capital targets both majority and less-than-majority equity stakes in fundamentally-sound companies that can benefit from the firm's operational approach to creating value. Huron Capital's sector focus includes business services, consumer products & services, specialty manufacturing and healthcare. For more information, please visit www.huroncapital.com.
SOURCE Huron Capital Partners LLC
Related Links
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article