IT Service Provider, Integris, Purchases Texas-Based CalTech to Build National Community Banking Vertical

Austin, TX

This week, IT managed service provider (MSP), Integris, announced it has purchased CalTech, a community banking focused IT MSP with offices in Texas and Kansas. This marks Integris’ third acquisition in less than six months, accelerating growth potential for the company and its national footprint. With CalTech, Integris now has more than 20 offices in 10 states with nearly 700 employees, all offering high-end, enterprise IT services and round-the-clock security monitoring.

“The timing for this merger could not be better. Managed IT services are getting more complex and CalTech’s reputation in the community banking space allows Integris to build on and expand its high-quality operations to build a national community banking practice,” said Rashaad Bajwa, Chief Executive Officer of Integris. 

According to Bajwa, Integris will leverage CalTech’s well-established IT service delivery model for the community banking industry and use existing resources to expand it on a national stage. For community banking clients, the partnership means increased offerings in cybersecurity and business intelligence as well as new layers of regulatory advice and compliance consulting.

About Integris

Integris is a national, managed IT service provider that is dedicated to helping small and mid-sized companies power their success through technology. Through our growing network of local service offices and gold-level partnerships with our technology vendors, we provide companies with comprehensive and a la carte system platform management that’s responsive, secure, regulation ready, and tailored to their industry vertical. Appearing regularly on the Inc. 5000 list of fastest-growing companies, Integris is backed by private equity firm Frontenac. For more information, please visit www.integrisit.com.

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.