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.
About Mark Gartner
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Entries by Mark Gartner
Something is up in the world of IT services. Investors are flocking to MSPs like the salmon of Capistrano.
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.
The basic definition of a “do well by doing good” industry is one where you can achieve financial success as a result of owning or operating a business that benefits society.
2019 was another strong year for ClearLight. We were pleased to complete one new platform investment, several add-ons and one exit.
If you speak with a lower middle market private equity fund about what they look for in an investment, their comments will often include something like, “We like to invest in founder- or family-owned businesses.”
NEWPORT BEACH, CA November 25, 2019 – Private equity firm ClearLight Partners announced today that it has made an investment in Handel’s Homemade Ice Cream, a franchisor of premium ice cream scoop shops, in partnership with Handel’s owner Leonard Fisher. Terms of the transaction were not disclosed.
Culture is a hot topic these days. By now, you’re probably familiar with Netflix’s famous 100+ slide deck outlining their corporate values and have enjoyed Simon Sinek’s highly viewed Ted Talk musings on how good leaders make people feel safe.