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Huron Capital’s InterVision Systems Completes Fourth Add-on Acquisition
Detroit, MI – September 11, 2018 – Leading lower-middle-market private equity firm Huron Capital today announced its information technology solutions platform, InterVision Systems, has acquired Infiniti Consulting Group, an industry leader in cloud services and IT consulting.
For nearly 15 years, Folsom, Calif.-based Infiniti has provided IT services to help clients increase productivity, innovation and efficiency. The company’s broad range of expertise includes Amazon Web Services, Azure and hybrid cloud services as well as on-premise consulting and software design and development. Founded in 2004, Infiniti is led by founders Scott Sanders and John Gray, and President Scott Drossos.
“We are thrilled to join the InterVision team and begin working with Huron Capital,” Drossos said. “We believe we’ll be able to expand our reach to include new clients, geographies and industries by combining our integrated IT services expertise with InterVision’s impressive resources and Huron Capital’s operational acumen.”
Huron Capital partnered with Santa Clara, California-based InterVision in 2016 to pursue opportunities in the rapidly growing IT solutions industry. Over the last two years, InterVision has also merged with or acquired Bluelock, Netelligent, and Independent Technology Group.
“We were impressed with Infiniti’s proven success servicing hundreds of public sector clients, from state and local governments, to universities and healthcare organizations,” said Aaron Stone, President and CEO of InterVision. “The Infiniti acquisition is a great fit for InterVision because it strengthens our position as a leading-edge IT provider—delivering in data center, cloud capabilities and IT operations.”
With the support of InterVision, Infiniti has an opportunity to expand its commercial customer base.
“We believe Infiniti’s deep roots in the public sector and extensive knowledge will give the InterVision platform a competitive edge,” said Matt Hare, Partner at Huron Capital. “This acquisition aligns with our buy and build approach and growth strategy for InterVision and continues to position us as an industry leader.”
About Huron Capital
Based in Detroit, Huron Capital is an operationally-focused private equity firm with a long history of growing lower middle-market companies through our proprietary ExecFactor® buy-and-build investment model. We prefer complex situations where we can help companies reach their full potential by combining our operational approach, substantial capital base, and transaction experience with seasoned operating executives. Founded in 1999, Huron Capital has raised over $1.8 billion in capital through six committed private equity funds and invested in over 150 companies, and our portfolio companies have employed over 11,000 people throughout North America. The Huron Capital buy-and-build investment model includes equity recapitalizations, family succession transactions, market-entry strategies, corporate carve-outs, and management buyouts of companies. Huron Capital targets both control (Private Equity) and non-control (Flex Equity) stakes in fundamentally-sound companies that can benefit from the firm’s operational approach to creating value. Huron Capital’s sector focus includes business services, consumer products & services and specialty industrials. For more information, please visit www.huroncapital.com.
Certain information herein may contain forward-looking statements which are provided to assist the reader in understanding the beliefs and opinions with respect to future opportunities as perceived by Huron Capital and others quoted herein. These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance in future periods to differ materially from any projections or results expressed or implied by such forward-looking statements. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The issuer of these statements undertakes no obligation to update forward-looking statements if circumstances or estimates or opinions should change except as may be required by applicable securities laws.
