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ICS Announces Acquisition Of AKUITY Technologies

ICS, a portfolio company of ClearLight Partners and leading provider of Information Technology (IT) Managed Services in the Northeast, announced it has acquired AKUITY Technologies (“AKUITY”), a provider of IT Managed Services in the greater New England area.

ClearLight Partners Invests in ICS

NEWPORT BEACH, CA May 08, 2020 – Private equity firm ClearLight Partners announced today that it has made an investment in ICS, a provider of IT managed services, in partnership with ICS’ owner, Kevin Blake. Terms of the transaction were not disclosed.

This Too Shall Pass: A Message of Hope to Business Owners from Private Equity

To date, Coronavirus has claimed over 95,000 lives globally across 209 countries, the Dow Jones has lost approximately 20% of its value from a peak in February1, businesses across all sectors have been forced to furlough and/or lay off employees and, in some cases, close, and most states have ordered residents to remain at home to slow the rate of infection.