Caymus Equity Recapitalizes PlanIT Group
September 11, 2020
Caymus Equity Partners completed a recapitalization of PlanIT Group LLC, an Atlanta-based IT consulting and staffing firm, and named Mike Gallagher as CEO. The investment provides PlanIT with capital and resources to expand into underserved industries and pursue add-on acquisitions to scale its IT consulting and staffing services across healthcare, government and commercial markets.
- Buyers
- Caymus Equity Partners LLC
- Targets
- PlanIT Group LLC
- Industry
- IT Services
- Location
- Georgia, United States
- Transaction Type
- Recapitalization
Explore More
Related Acquisitions
-
Nautic Partners Recapitalizes IT Solutions Consulting (ITS)
May 11, 2022
IT Services
Nautic Partners has completed a recapitalization of IT Solutions Consulting, Inc. (ITS), a Fort Washington, Pennsylvania–based managed IT services provider, in partnership with ITS management. The investment will fund technology and capability investments (including cybersecurity and cloud), support customer success and technical talent, and accelerate ITS' geographic expansion and M&A activity.
-
Caymus Equity Partners Acquires Seneca Resources
September 21, 2022
Staffing & HR
Caymus Equity Partners LLC has acquired Seneca Resources, an IT staffing and consulting firm headquartered in Reston, Virginia. The investment (Caymus' second from Fund II) will provide capital to support Seneca's expansion into new industry verticals and geographies and to pursue strategic acquisitions.
-
Candescent Partners Recapitalizes Imagine Technology Group with Parkway Capital, Eagle Private Capital and Midwest Mezzanine
January 13, 2022
IT Services
Candescent Partners led a recapitalization of Imagine Technology Group (ITG), partnering with ITG's senior management while mezzanine investors Parkway Capital, Eagle Private Capital and Midwest Mezzanine provided subordinated debt and equity. Headquartered in Chandler, Arizona, ITG is a managed technology service provider specializing in copy and print equipment sales, managed print services, and IT services serving customers throughout Arizona.
-
Kian Capital Partners Recapitalizes Enterprise Computing Services and My IT
January 27, 2020
IT Services
Kian Capital Partners, alongside ParkSouth Ventures and management, completed a majority recapitalization of Enterprise Computing Services (ECS) and My IT, two Louisiana-based managed service providers. The investment will support the combined company's growth strategy — including pursuing additional acquisitions — and the combined organization will operate under the My IT brand.
-
Waverock Software Acquires PlanIT Geo
April 17, 2023
Software
Waverock Software, a vertical market enterprise software holding company, has completed the acquisition and strategic growth investment in PlanIT Geo, a provider of urban forestry software and consulting services. The investment will provide PlanIT Geo with long-term capital and operational support to scale its TreePlotter software and consulting offerings to governments, nonprofits, universities, and private clients.
-
Pine Tree Equity Recapitalizes iCare Health Solutions
January 1, 2020
Healthcare Services
Pine Tree Equity IV, LP recapitalized iCare Health Solutions (and affiliated entities) in January 2020, partnering with the company's founder and management team. The recapitalization is intended to accelerate iCare's geographic expansion across Florida and support complementary add-on acquisitions to grow its managed vision benefits and provider network business.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.