Omega Systems Acquired by Revelstoke Capital Partners
Deal News | Jan 16, 2025 | Paul Hastings
Paul Hastings LLP, a global law firm renowned for its expertise in finance, mergers & acquisitions, and private equity, served as a legal advisor to Pfingsten Partners in its divestiture of Omega Systems. Omega Systems, a Reading, Pennsylvania-based provider of managed IT solutions, was sold to Revelstoke Capital Partners, a private equity firm based in Denver. The transaction underscores the ongoing activity and strategic interest in the managed IT solutions sector by private equity firms. Paul Hastings deployed a team led by Partner Chris Sheaffer and Associate Daniel Miles, along with partner Ziemowit Smulkowski and associate Matthew Childers, ensuring a seamless and well-executed transaction process.
Sectors
- Managed IT Solutions
- Private Equity
- Law Firm
Geography
- United States – Relevant as the home country for Omega Systems (based in Pennsylvania), Pfingsten, and Revelstoke Capital Partners.
Industry
- Managed IT Solutions – This is the core industry of Omega Systems, the company being sold.
- Private Equity – Involves Revelstoke Capital Partners as the acquiring firm and Pfingsten as the selling entity.
- Law Firm – Paul Hastings is the legal advisor facilitating this deal.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Omega Systems | Target company | Company | Provider of managed IT solutions headquartered in Reading, PA. |
| Pfingsten Partners | Selling Company | Company | Private equity firm selling Omega Systems. |
| Revelstoke Capital Partners | Bidding Company | Company | Denver-based private equity firm acquiring Omega Systems. |
| Paul Hastings LLP | Legal advisor | Company | A leading law firm advising Pfingsten on the sale. |
| Chris Sheaffer | Partner | Person | Led the legal team from Paul Hastings. |
| Daniel Miles | Associate | Person | Assisted in leading the legal team from Paul Hastings. |
| Ziemowit Smulkowski | Partner | Person | Part of the legal team from Paul Hastings. |
| Matthew Childers | Associate | Person | Part of the legal team from Paul Hastings. |