Vitruvian Partners Acquires Majority Stake in Meriplex from Clairvest
July 18, 2022
Vitruvian Partners has acquired a majority interest in Meriplex Communications, with Clairvest completing a partial realization and retaining a minority stake alongside management and other shareholders who reinvested. The recapitalization positions Meriplex — a US-based managed IT, cybersecurity and network services provider — for its next stage of growth and continued M&A-led expansion across the United States.
- Buyers
- Vitruvian Partners
- Targets
- Meriplex Communications, Ltd.
- Sellers
- Clairvest Group Inc., Clairvest Equity Partners V
- Industry
- IT Services
- Location
- Texas, United States
- Transaction Type
- Recapitalization
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