Metaphorically speaking, a company is said to be in the picks and shovels business if they are providing derivative goods and services in support of entities engaged in some primary activity.
About Mark Gartner
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Entries by Mark Gartner
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.
Content marketing is growing in importance for private equity. The logic goes something like this:
The pandemic is stress testing everything, and COVID-19 may finally kill several BD strategies already in decline.
I just read (and re-read) an article that suggests a third of Americans are now showing signs of clinical anxiety or depression according to Census Bureau data from May of 2020.
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.
Something is up in the world of IT services. Investors are flocking to MSPs like the salmon of Capistrano.