High Street Capital, a Chicago-based private equity firm has acquired NeoSystems, a strategic outsourcer, IT systems integrator and managed services provider to the government contractor market.
“This is a terrific outcome for our company, customers, partners and workforce,” said president and co-founder Michael Tinsley of NeoSystems. “With the investment and confidence of High Street Capital, we will be able to expand our services and optimize market opportunities to better drive customer success and meet their increasing appetite for strategic outsourced and managed IT services.”
“We see tremendous growth potential for NeoSystems especially as the rate of digital transformation has accelerated due to changes resulting from the pandemic,” said Timothy Kurth, partner at High Street Capital. “NeoSystems offers a full complement of strategic and business essential functions that helps to ensure a company’s success. We believe with our guidance and oversight we can help take the company to the next level.”