ENDICOTT, N.Y. – TechMD, a prominent provider of cybersecurity and IT managed services, has been acquired by Integris, a national leader in the same sector. The deal marks another step in Integris’ expansion in the IT services landscape. TechMD was previously backed by ClearLight Partners, a private equity firm based in Newport Beach, California. Integris is supported by OMERS Private Equity. Financial details of the transaction were not disclosed.
Kevin Blake, CEO of TechMD, expressed optimism about the acquisition, calling it a promising new chapter for the company. “We are impressed with the Integris team and know they will be a world-class partner,” Blake said. “We are confident that together we can provide outstanding service to our clients, while also investing in our people and processes to continue to evolve and deliver a superior client experience.”
ClearLight Partners, which helped guide TechMD’s recent growth, also welcomed the transition. Michael Kaye, a founding partner at ClearLight, praised TechMD’s leadership and client-focused approach. “Kevin and his team have done a great job of protecting and servicing clients, and have grown the company well. It has been a great pleasure to work with them,” Kaye said. “We are excited to see their continued success as part of the larger Integris organization.”
Kyle Burke, another partner at ClearLight, noted that early insight into industry trends contributed to TechMD’s growth trajectory. “Early on, we identified tailwinds in the IT managed services industry and believed TechMD was well positioned to capitalize on them. The team executed, driving strong retention and organic growth, while staying ahead of the curve to provide compelling value to clients,” Burke said. “This gave us the confidence to continue to grow organically and through a series of add-on acquisitions, leading to a great outcome.”
The acquisition process was supported by Guggenheim Securities, LLC, serving as financial advisor, with legal counsel provided by Kirkland & Ellis LLP and Hinman, Howard & Kattell.
