Agellus Capital Invests in BlackPoint IT Services for Growth
Agellus Capital Partners with BlackPoint IT Services
Agellus Capital, a prominent private equity firm, has successfully completed an investment in BlackPoint IT Services, renowned for its excellence in managed IT and cybersecurity services. This partnership aims to enhance BlackPoint's operational efficiency and expand its influence in the competitive IT landscape.
Understanding BlackPoint's Innovative Offerings
BlackPoint excels in managing IT environments tailored for small to mid-sized organizations, providing an extensive array of services. These include managed services, cloud and software hosting, fortifying cybersecurity, and strategic consulting tailored to client needs. The company's dedication to 24/7/365 monitoring ensures that client IT infrastructures are secured and perform optimally.
Leadership Insight
James Watson, CEO of BlackPoint, expressed enthusiasm about collaborating with Agellus Capital. He remarked, “Our mission aligns seamlessly with Agellus's vision. Their swift and transparent approach was pivotal in our decision-making process. Together, we anticipate leveraging our combined expertise for sustained scalability and achievement.”
Agellus Capital's Commitment to Growth
Beau Thomas, Managing Partner at Agellus Capital, shared his excitement about this partnership, pledging to uphold BlackPoint's achievements while exploring avenues for expansion. He noted, “The team at BlackPoint has built a remarkable enterprise, prioritized quality service and maintains an exceptional workplace culture.”
Strategic Focus for Future Expansion
Agellus Capital is keen on seizing the multitude of opportunities not only to boost organic growth but also to consider add-on acquisitions. The objective is to broaden the capabilities, geographical reach, and human capital of BlackPoint in an IT managed service provider market that remains highly fragmented.
Financial Guidance and Legal Support
Cascadia Capital provided valuable financial advisory services while Fredrikson & Byron P.A. offered crucial legal counsel throughout the investment process. Their expertise contributed significantly to the seamless execution of this endeavor.
About BlackPoint IT Services
Founded in 1977, BlackPoint has solidified its status as a leading provider of cloud, security, and managed IT infrastructure services, particularly catering to the Pacific Northwest and Mountain West regions. The core philosophy of BlackPoint emphasizes ethical practices and personal connections, ensuring a positive impact on both clients and community.
About Agellus Capital
Established as a dynamic partner for growth, Agellus Capital focuses on non-discretionary essential services in the U.S. and Canada. The firm targets companies with EBITDA ranging between $2 million and $20 million, striving to cultivate a reliable partnership that enhances growth in fragmented markets.
Frequently Asked Questions
What is the significance of Agellus Capital's partnership with BlackPoint?
This partnership aims to bolster BlackPoint's growth strategy and enhance its service offerings in the IT sector.
What services does BlackPoint provide?
BlackPoint specializes in managed services, cloud hosting, cybersecurity solutions, and consulting, catering to the needs of small and mid-sized clients.
How does Agellus Capital support its portfolio companies?
Agellus Capital partners with companies to drive transformational growth through strategic investments and operational support.
What areas does BlackPoint operate in?
BlackPoint primarily serves clients in the Pacific Northwest and Mountain West regions, focusing on IT health and security.
When was Agellus Capital founded?
Agellus Capital was founded in 2024 and has quickly established itself as a key player in private equity for essential services.
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