ICS, an information technology managed services provider and a portfolio company of ClearLight Partners, has acquired TechMD, a provider of managed IT services to small- and medium-sized businesses.
TechMD, headquartered in Orange County, Calif., aims to help small- to medium-sized businesses and organizations in the Los Angeles and Orange County metro areas by offering IT managed services, cybersecurity services, technical services, cloud services and product procurement.
“ICS puts clients first and we are thrilled about the opportunity to expand and enhance the services we offer clients,” says David Bryden, TechMD’s CEO.
“We continue to see strong secular tailwinds in the IT managed services space and believe TechMD provides us with an excellent opportunity to drive growth in the attractive southern California region,” comments Kyle Burke, a partner at Clearlight Capital.
Embarc Advisors advised TechMD in this transaction.