BackFrontenac Announces a New Platform Investment in Ideal Integrations, an IT and Cybersecurity Managed Services Provider (MSP)
Pittsburgh, PA
Ideal Integrations, a Pittsburgh-based managed services provider of IT and cybersecurity services to middle market and SMB clients, today announced a recapitalization in partnership with Frontenac, a Chicago-based private equity firm, and CEO and Founder Michael Stratos, to accelerate organic growth initiatives and pursue strategic acquisitions. Ideal Integrations provides customized end-to-end IT and cybersecurity services (offensive and defensive) under the Blue BastionTM brand to clients in the professional services, healthcare, and SLED verticals. Financial terms of the transaction were not disclosed.
Founder and CEO Michael Stratos established Ideal Integrations in 2003 with the vision of becoming an innovative managed IT services provider, distinguishing itself from competitors by offering a high-touch, white-glove service model with differentiated cybersecurity capabilities. Michael Stratos said, “Ideal Integrations is experiencing significant growth, and I feel this partnership with Frontenac is the next step in the company’s evolution. Frontenac brings extensive industry experience and is dedicated to helping Ideal Integrations expand its offerings and capabilities. I am thrilled to work with them to take advantage of both organic and inorganic growth opportunities.”
Concurrent with the recapitalization, Nelson Eng, a Frontenac CEO1ST® Partner and 30+ year IT services veteran, joined the Board of Directors as Chairman. Eng formerly served as President and CEO of Milestone Technologies, a private equity-backed IT managed services and platform engineering firm, and as Chief Strategy Officer and Chief Development Officer of DXC Technology. “This announcement marks the beginning of an exciting new chapter for Ideal Integrations,” said Eng. “We look forward to partnering with Michael and his management team in Ideal Integrations’ next stage of growth with the goal of becoming the leading platform for managed IT and cybersecurity services.”
The partnership with Ideal Integrations further builds on Frontenac’s tech-enabled and IT services franchise. Other representative investments include Integris (IT managed services), RCG Global (digital transformation services), Dealer Services Network (tech-enabled title and registration services) and Excellarate (digital product engineering services).
Dentons US LLP served as legal counsel to Ideal Integrations and DLA Piper LLP served as legal counsel to Frontenac.
About Ideal Integrations
Headquartered in Pittsburgh, PA with an additional location in Columbus, OH, Ideal Integrations is an established provider of cloud computing and cybersecurity solutions. With a strong commitment to innovation, reliability, and customer satisfaction, the company offers a comprehensive suite of services, including data security, cybersecurity, virtual infrastructure, network design, and managed services. With a global presence and a team of highly skilled professionals, Ideal Integrations delivers secure, scalable, and tailored solutions that empower organizations to achieve their goals. For more information, please visit www.idealintegrations.net and www.bluebastion.net.
About Frontenac
Frontenac is a Chicago-based private equity firm. The firm focuses on investing in lower middle market buyout transactions in the consumer, industrial, and services industries. Frontenac works in partnership with established operating leaders, through an executive-centric approach called CEO1ST®, which seeks to identify, acquire, and build market-leading companies through transformational acquisitions and operational excellence. Over the last 50+ years, Frontenac has built a franchise working with over 300 owners of mid-sized businesses as they address complex transition issues of liquidity, management enhancement, and growth planning. For more information, please visit www.frontenac.com.
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