Latest news with #TechMD
Yahoo
2 hours ago
- Business
- Yahoo
TechMD Announces its Acquisition by Integris
ENDICOTT, N.Y., June 17, 2025--(BUSINESS WIRE)--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 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 View source version on Contacts Kyle BurkePartner at ClearLight Partnerskpb@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 hours ago
- Business
- Yahoo
TechMD Announces its Acquisition by Integris
ENDICOTT, N.Y., June 17, 2025--(BUSINESS WIRE)--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 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 View source version on Contacts Kyle BurkePartner at ClearLight Partnerskpb@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
3 hours ago
- Business
- Business Wire
TechMD Announces its Acquisition by Integris
ENDICOTT, N.Y.--(BUSINESS WIRE)--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 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
Yahoo
14 hours ago
- Business
- Yahoo
Integris Amplifies Position as a Leading Future-Ready MSP with Strategic Acquisition
National managed IT services provider advances vision for differentiated service offerings and organizational growth with expanded footprint CRANBURY, N.J., June 16, 2025 /PRNewswire/ -- Integris, a national leader in future-ready managed services, backed by OMERS Private Equity, today announces the acquisition of premier managed service provider, TechMD along with its security division, 1nteger Security. This strategic acquisition is its largest to date and signifies the next pivotal milestone in Integris' continued evolution by expanding the company's innovative solutions and services that drive digital maturity for small to midsize businesses. "Every acquisition we make is a strategic step toward our vision of transforming Integris into a smarter, faster, and more transformative digital powerhouse," said Glenn Mathis, newly appointed CEO, and previous president and COO, of Integris. "By bringing like-minded teams and capabilities into the Integris family, we're not just expanding our footprint—we're deepening our ability to elevate the customer experience. Together, we will deliver a high-impact platform that's more responsive, more secure, and more aligned with the real needs of our clients." Founded in 1986 as ICS and rebranded to TechMD in 2023, the Northeast-based managed service provider—with a strong presence in California—has been helping small to midsize businesses and organizations power their success through technology for more than 20 years. This extensive knowledge and expertise in providing IT managed services, cybersecurity services, technical services, cloud solutions and product procurement will assist in advancing Integris' vision for the future of the industry. "Our mission has been to develop a technology company that is future-ready and forward-thinking with a strong sense of duty toward the customer experience, and we believe Integris is the perfect representation of this direction," said Kevin Blake, president and CEO of TechMD. "Integris and its leadership are in the right position to elevate our combined experience and technology solutions to the next level, and we're thrilled to be joining their team." This pivotal moment in Integris' history also marks the progression of leadership for the company. After founding and leading the company since its inception, Rashaad Bajwa is transitioning from CEO to executive chairman of the Integris Board. "It has been the privilege of my life to help build Integris into what it is today, however, I cannot think of a more perfect fit for the future of Integris than Glenn," said Bajwa. "Our industry is undergoing exciting changes, with Integris at the forefront of this innovative charge, and with Glenn's powerful thought leadership on how AI, automation and data will transform the MSP of the future, now is the perfect time for him to take over the reigns as CEO and for me to help support Integris from my position on the Board." To learn more about Integris' suite of solutions and services, visit Guggenheim Securities, LLC acted as exclusive financial advisor to TechMD. About IntegrisIntegris 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 About OMERSOMERS Private Equity manages investments globally on behalf of OMERS, one of Canada's largest defined benefit pension plans, with C$138.2 billion in net assets as of December 31, 2024, including approximately C$27.5 billion in net private equity investment asset exposure. The Buyout team invests across Industrials, Healthcare, Business Services and Technology, deploying an evergreen capital base to partner with strong management teams and transform good companies into industry leaders. For more information, please visit View original content to download multimedia: SOURCE Integris
