TechMD Announces its Acquisition by Integris

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Endicott, NY – TechMD, a leading provider of cybersecurity and IT managed services, announced today that it has been acquired by Integris, a national leader in IT managed services. TechMD has been backed by ClearLight Partners, a private equity firm based in Newport Beach, California. Integris is backed by OMERS Private Equity.  The financial terms of the transaction were not disclosed.

“We are excited for this new chapter at TechMD,” Kevin Blake, TechMD’s CEO, shared. “We are impressed with the Integris team and know they will be a world-class partner. We are confident that together we can provide outstanding service to our clients, while also investing in our people and processes to continue to evolve and deliver a superior client experience.”

Michael Kaye, Founding Partner of ClearLight said, “Kevin and his team have done a great job of protecting and servicing clients, and have grown the company well. It has been a great pleasure to work with them. We are excited to see their continued success as part of the larger Integris organization.”

Kyle Burke, Partner of ClearLight Partners, added, “Early on, we identified tailwinds in the IT managed services industry and believed TechMD was well positioned to capitalize on them. The team executed, driving strong retention and organic growth, while staying ahead of the curve to provide compelling value to clients. This gave us the confidence to continue to grow organically and through a series of add-on acquisitions, leading to a great outcome.”

TechMD and ClearLight Partners were advised by Guggenheim Securities, LLC, Kirkland & Ellis, LLP, and Hinman, Howard & Kattell.

About TechMD

Founded in 1986 and with offices in New York, California, Massachusetts, and Maryland, TechMD provides managed IT and cybersecurity services under the 1nteger Security brand, along with strategic IT consulting. TechMD has succeeded in helping clients and their communities by taking care of IT needs so that they can focus on their businesses.

About Integris

Integris is a national leader in future-ready managed services, delivering innovative solutions that drive digital maturity for small to midsize businesses. We go beyond traditional IT management by delivering strategic roadmaps that optimize operations, strengthen cybersecurity, refine cloud solutions, and ensure compliance—all while enhancing our client’s digital capabilities. Our goal is to transform each organization into a smarter and faster digital powerhouse. Our platform is responsive, secure, and ready to meet the unique regulatory demands of the industries we serve. Regularly featured on the Inc. 5000 list of fastest-growing companies, Integris is backed by the private equity arm of the Ontario Municipal Employees Retirement System (OMERS). For more information, visit integrisit.com.

About ClearLight Partners

ClearLight Partners is a private equity firm in Newport Beach, California that invests in established, profitable middle-market companies with significant growth potential. Since its inception, ClearLight has raised $900 million in capital across three funds from a single limited partner. The team at ClearLight has extensive operating and financial experience and has a history of successfully partnering with owners and management teams to drive growth and create value. For more information, please visit www.clearlightpartners.com.

ICS Completes Acquisition of TechMD

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Endicott, NY October 18, 2022 – ICS, a portfolio company of ClearLight Partners and leading provider of Information Technology (IT) Managed Services, has acquired TechMD, a provider of Managed IT Services to small to medium businesses, headquartered in Orange County, California.

Under the stewardship of Mark Perez and Sebastian Igreti over its twenty-year history, TechMD has helped small-to-medium sized businesses and organizations in the greater Los Angeles and Orange County metro areas by providing IT managed services, cybersecurity services, technical services, cloud solutions and product procurement.

Kevin Blake, CEO of ICS, commented: “The TechMD team is terrific – they share our values and our dedication to customer service. We look forward to working with them and continuing to be a positive force for our customers, our employees and for the communities we serve.”

“We have known Kevin and the ICS team for a long time. We are excited about the future and the opportunities this creates to better serve our clients, and for our employees to grow in their careers,” said Mark Perez, TechMD’s co-founder. David Bryden, TechMD’s CEO who will continue to lead the region remarked, “ICS puts clients first and we are thrilled about the opportunity to expand and enhance the services we offer clients. This is an important step for all of us.”

Kyle Burke, a Partner at ClearLight said, “Kevin Blake and the ICS team have been great partners. We continue to see strong secular tailwinds in the IT managed services space and believe TechMD provides us with an excellent opportunity to drive growth in the attractive Southern California region.”

Embarc Advisors was the exclusive advisor to TechMD.

About ICS

ICS is a provider of IT Managed Services, cybersecurity, cloud migration and implementation services for small to medium-sized businesses. The company offers on-site and remote support to customers in the Northeastern US (United States), with an emphasis on cybersecurity, risk management and a remote workforce. ICS was founded in 1986 and is currently led by 20+ year industry veteran Kevin Blake.

For more information, please visit www.icscomplete.com

About ClearLight Partners

ClearLight Partners is a private equity firm in Southern California that invests in established, profitable middle-market companies with significant growth potential. Since its inception, ClearLight has raised $900 million in capital across three funds from a single limited partner. The team at ClearLight has extensive operating and financial experience and has a history of successfully partnering with owners and management teams to drive growth and create value.

For more information, please visit www.clearlightpartners.com

ICS Announces Acquisition Of Unified Networking Solutions

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Endicott, NY March 17, 2022 – ICS, a portfolio company of ClearLight Partners and leading provider of Information Technology (IT) Managed Services in the Northeast, announced it has acquired Unified Networking Solutions (UNS), a provider of IT Products and Services in the Southeastern Massachusetts market.

Headquartered in Raynham, MA, UNS was founded in 2010 and has grown by helping local government, education, and commercial clients throughout New England achieve success by providing technology solutions and support. UNS offers managed IT services, hardware and software procurement, and implementation services.

Kevin Blake, CEO of ICS, commented: “We are thrilled to have the Unified staff join the ICS Family. ICS’ mission is to make a difference in our employees’ lives, our customers’ businesses, and the communities we serve. It was clear that Unified’s culture and core values fit right in with ours. We are looking forward to growing our Northeastern footprint through future acquisitions.”

“After getting to know the team at ICS, it became clear that they were the perfect partner to bring expanded products, services and resources to Unified clients. This will allow us to meet the changing needs of our customers,” said Brian McDonald.

Kyle Burke, a Partner at ClearLight said, “Our partnership with Kevin Blake and ICS has been excellent. We remain enthusiastic about continued tailwinds in the IT managed services space and believe UNS is a terrific complement to ICS.”

About ICS

ICS is a provider of IT Managed Services, cybersecurity, cloud migration and implementation services for small to medium-sized businesses. The company offers on-site and remote support to customers in the Northeastern US (United States), with an emphasis on cybersecurity, risk management and a remote workforce. ICS was founded in 1986 and is currently led by 20+ year industry veteran Kevin Blake.

For more information, please visit www.icscomplete.com

About ClearLight Partners

ClearLight Partners is a private equity firm in Southern California that invests in established, profitable middle-market companies with significant growth potential. Since its inception, ClearLight has raised $900 million in capital across three funds from a single limited partner. The team at ClearLight has extensive operating and financial experience and has a history of successfully partnering with owners and management teams to drive growth and create value.

For more information, please visit www.clearlightpartners.com

ClearLight Partners Promotes Jeff Manassero and Kyle Burke to Partner and Dustin Byer to Principal

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NEWPORT BEACH, CA July 14, 2021 – Private equity firm ClearLight Partners announced today the promotion of Jeff Manassero and Kyle Burke to Partner and Dustin Byer to Principal.

“Jeff, Kyle and Dustin have been key contributors to ClearLight’s success, and we’re delighted to announce these promotions,” said Michael Kaye, Founder and Managing Partner of ClearLight.

Kyle joined ClearLight in 2006 and, other than time off to get his MBA, has been with ClearLight since that time. Before joining ClearLight Kyle worked as a management consultant with Bain & Company. Kyle holds BA and BS degrees from Southern Methodist University and an MBA from Harvard Business School.

Jeff joined ClearLight in 2009. Prior to joining ClearLight Jeff worked as an analyst with Goldman Sachs. Jeff earned a BA in Economics from Claremont McKenna College and a BS in Engineering from Harvey Mudd College.

Dustin joined ClearLight in 2016. Prior to joining ClearLight Dustin worked as an associate with THL Credit in Los Angeles. Dustin graduated with a BS in Business Administration from the University of Southern California.

 

About ClearLight Partners

ClearLight Partners is a private equity firm in Southern California that invests in established, profitable middle-market companies with significant growth potential. Since its inception, ClearLight has raised $900 million in capital across three funds from a single limited partner. The team at ClearLight has extensive operating and financial experience and has a history of successfully partnering with owners and management teams to drive growth and create value.

For more information, visit www.clearlightpartners.com.

ICS Announces Acquisition Of AKUITY Technologies

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Endicott, NY January 5, 2021 – 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.

Headquartered in Auburn, MA, AKUITY was founded in 1988 and has grown by helping small-to-medium sized businesses throughout New England achieve success through greater returns on their technology investment. Along with managed IT services, AKUITY offers strategic planning, hardware and software procurement, and complete implementation services.

Kevin Blake, CEO of ICS, commented: “AKUITY is a terrific company that shares our mission of providing high quality IT services with first-class customer service. We are extremely impressed with AKUITY’s people and culture and are excited about our new partnership.”

“ICS has a clear vision for meeting client needs in the right way,” said Brian Hanify, AKUITY’s COO (Chief Operations Officer), who will continue to lead the division. “I’m excited about the resources and capabilities our combined company provides to clients, keeping them secure from threats and ahead of technological change while allowing them to focus on the business of their business.”

ClearLight Managing Partner Michael Kaye said, “We continue to be very happy with our partnership with Kevin Blake and ICS. We believe AKUITY and ICS are an excellent fit and we are excited to continue investing in the IT managed services space.”

About ICS

ICS is a provider of IT Managed Services, cybersecurity, cloud migration and implementation services for small to medium-sized businesses. The company offers on-site and remote support to customers in the Northeastern US (United States), with an emphasis on cybersecurity, risk management and a remote workforce. ICS was founded in 1986 and is currently led by 20+ year industry veteran Kevin Blake.

For more information, please visit www.icscomplete.com

About ClearLight Partners

ClearLight Partners is a private equity firm in Southern California that invests in established, profitable middle-market companies with significant growth potential. Since its inception, ClearLight has raised $900 million in capital across three funds from a single limited partner. The team at ClearLight has extensive operating and financial experience and has a history of successfully partnering with owners and management teams to drive growth and create value.

For more information, please visit www.clearlightpartners.com

Jordan Selleck of 51 Labs interviews Mark Gartner on ClearLight’s history and the past, present and future of private equity deal sourcing.

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ClearLight Partners Invests in ICS

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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.

Headquartered in Endicott, NY, ICS was founded in 1986 and has grown over its nearly 35-year history to now include three offices in upstate New York serving small and medium-sized businesses across a diverse array of end markets. ICS’ service offering includes managed services, cybersecurity, cloud migration & other project-based services, and hardware and software reselling. “We are impressed with the organization and culture that Kevin and his team have built and their ability to provide great service for their clients. We look forward to supporting ICS through its next period of growth,” commented Josh Mack, a Partner at ClearLight.

“ClearLight had a well-articulated thesis for the MSP industry, and it was clear very early on that ICS and ClearLight were a great match,” said Kevin Blake, CEO of ICS. “I’m confident that, together, we’ll build the leading Northeastern MSP whose brand is synonymous with keeping our clients ahead of technological change and cybersecurity so that they can compete more effectively within their respective industries.”

“We have really enjoyed getting to know Kevin through this process. His leadership has driven strong growth in the business while maintaining a customer-first approach across the organization. We are thrilled to be partnering with Kevin and ICS,” said Michael Kaye, Managing Partner at ClearLight.

About ClearLight Partners

ClearLight Partners is a private equity firm in Southern California that invests in established, profitable middle-market companies with significant growth potential. Since inception, ClearLight has raised $900 million in capital across three funds from a single limited partner. The team at ClearLight has extensive operating and financial experience and has a history of successfully partnering with owners and management teams to drive growth and create value.

For more information, please visit www.clearlightpartners.com.

ClearLight Partners Invests in Handel’s Ice Cream

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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.

Headquartered in Youngstown, Ohio, the Handel’s story started in 1945 when Alice Handel began serving ice cream out of her husband’s gas station. Alice’s first batches were made using old fashioned recipes with fresh fruit she picked from her own backyard. Since then, Handel’s has grown to include nearly fifty corporate and franchised locations in California, Indiana, Nevada, Ohio, Pennsylvania, Arizona, Utah, Texas and Oregon. The menu has also expanded and now includes over 100 flavors of homemade ice cream. All ice cream is made in the store, with batches made fresh daily at each location. “We knew Handel’s was special from the moment we were introduced to the business,” commented Andrew Brennan, a Partner at ClearLight. “The welcoming culture of the Company, the incredible focus of the team on simply making great ice cream, the fanaticism of its customer base, and the taste and quality of its ice cream itself were all inspiring to us. This partnership represents a chance to introduce the fabulous Handel’s ice cream experience to more people across the country and to continue to delight children, adults and families with a product that Alice Handel would be proud of.”

“It has been a pleasure working with ClearLight given their strong background in helping franchised concepts and other consumer brands to grow,” said Leonard Fisher, CEO of Handel’s. “I knew early on that we had a shared vision for how to support Handel’s growth while preserving the brand’s core values and continuing to invest in the quality ingredients and process that make Handel’s ice cream the best there is. Together, we are looking to become to many more people what we already are to our customers – America’s favorite scoop shop!”

“We are thrilled to partner with Leonard and bring Handel’s to new communities, we are very excited about our future together,” said Michael Kaye, Managing Partner at ClearLight.

About ClearLight Partners

ClearLight Partners is a private equity firm in Southern California that invests in established, profitable middle-market companies with significant growth potential. Since inception, ClearLight has raised $900 million in capital across three funds from a single limited partner. The team at ClearLight has extensive operating and financial experience and has a history of successfully partnering with owners and management teams to drive growth and create value.

For more information, please visit www.clearlightpartners.com.