PSP Capital, a global private investment firm, has partnered with Ntiva, a provider of managed IT services, security services, strategic consulting, cloud services and additional technology services.
Ntiva is a large, nationwide IT managed services provider and offers strategic technology partnerships to thousands of organizations. The firm currently has locations across Washington D.C., Maryland, Virginia, Illinois, Colorado, New York, West Virginia and California. Ntiva delivers its services to a variety of sectors including government contractors, nonprofits, legal services, manufacturing, financial services, healthcare, construction and professional services.
“We are honored to partner with PSP Capital,” said Steven Freidkin, CEO and founder of Ntiva. “Not only are our core values and long-term vision aligned to build a best-in-class company, we are both deeply invested in creating meaningful jobs and opportunity throughout the country. Our mutual commitment to innovation, job creation, education and philanthropy is game changing. Ntiva’s platform is focused on accelerating growth through technology and that focus will be supercharged by this partnership, all while embracing a conscious commitment to social good.”
AB Private Credit Investors provided financing for the transaction and Katten Muchin Rosenman LLP provided legal counsel to PSP Capital. Harris Williams and Stifel served as financial advisors and Finn Dixon & Herling LLP served as legal counsel to Ntiva, Inc.