CyberlinkASP Completes Acquisition of Fresh Managed IT
CyberlinkASP Completes Acquisition of Fresh Managed IT
DALLAS--(BUSINESS WIRE)--CyberlinkASP (“Cyberlink”), a trusted Advanced Solutions Provider for small and mid-size businesses specializing in cloud and IT solutions, today announced that it has acquired Fresh Managed IT (“Fresh IT”). Fresh IT offers outsourced IT services to small and mid-size businesses, including network and device management, cloud-based hosting, cybersecurity, and VoIP phone systems.
Headquartered in Birmingham, AL, Fresh IT serves 150 customers across multiple end markets including healthcare, construction, and their largest and strongest market, restaurants. For multi-location restaurants, Fresh IT’s solutions provide comprehensive IT support and monitoring backed by consistent delivery and predictable costs. Fresh IT’s solutions empower customers to reduce internal IT overhead, strengthen security posture, and accelerate digital transformation with a trusted, experienced partner. The acquisition of Fresh IT builds upon Cyberlink’s MSP business to serve more customers and provide expanded regional coverage.
Chris Lantrip, CEO of Cyberlink, said, “We’re excited to partner with Fresh IT and strengthen Cyberlink’s MSP business. The acquisition deepens Cyberlink’s geographical footprint in the Southeast and strengthens our management team with the addition of John Wiles, who brings extensive technical leadership and experience.”
Scott McCormack, Partner at Seaport Capital said, “Seaport is thrilled to see Cyberlink complete its third acquisition and continue to broaden its service offering and customer reach through M&A. Fresh IT helps to further expand Cyberlink’s end markets.”
About CyberlinkASP
CyberlinkASP is a leading Advanced Solutions Provider specializing in IT and cloud services. As one of the nation’s largest Virtual Desktop providers and Citrix’s Partner of the Year (2023), CyberlinkASP delivers innovative solutions for data security, business continuity, and application hosting. Its purpose-built cloud infrastructure and 24x7 US-based support empower businesses to securely and cost-effectively access any application from any location on any device. With a strong commitment to delivering tailored, high-performance solutions, CyberlinkASP continues to support organizations across diverse industries in achieving seamless growth and operational excellence. For more information, visit www.cyberlinkasp.com.
About Seaport Capital
Founded in 1997, Seaport Capital is a lower middle-market buyout firm that invests in communication infrastructure and services, business and information services, and media companies. Seaport typically invests $10 to $40 million of equity capital in companies generating EBITDA between $3 and $15 million. Seaport’s substantial industry expertise and investing experience enable it to develop successful strategies in partnership with management teams; its relationships and professionals help achieve them. Nearly all of Seaport’s platform investments have been owned by founders or entrepreneurs seeking a collaborative institutional partner to provide the financial and operational resources to grow their businesses and execute a successful strategic plan. For more information, visit https://www.seaportcapital.com.
Contacts
Kathleen Holohan
Investor Relations Vice President
Seaport Capital
kholohan@seaportcapital.com
212-847-8915
