Omega Systems Partners with Revelstoke Capital for Growth in IT Services
Deal News | Jan 16, 2025 | Revelstoke Capital Partners LL
Revelstoke Capital Partners, a Denver-based private equity firm with a focus on the healthcare sector, announced a strategic investment in Omega Systems, a managed IT and cybersecurity services provider. This marks the eighth investment from Revelstoke's Fund III and signals their entry into the IT managed service provider (MSP) sector, a market poised for growth. Omega, recently recognized as one of North America’s fastest-growing IT service providers, specializes in delivering IT solutions to industries with high regulatory demands, such as financial services and healthcare. The investment aims to leverage Omega’s strong customer retention and recurring revenue growth while allowing Revelstoke to capitalize on the sector's potential through organic and inorganic growth strategies. Revelstoke plans to enhance Omega’s infrastructure and expand its offerings, improving support to comply with the increased IT and cybersecurity demands of its clients. Financial advisors for the deal included Q Advisors for Revelstoke and Harris Williams for Omega, with legal counsel provided by McGuireWoods LLP and Paul Hastings, respectively. Revelstoke Capital has a history of building industry-leading companies and aims to foster further growth of Omega's award-winning team.
Sectors
- Information Technology
- Private Equity
- Healthcare Technology
Geography
- United States – Omega Systems serves a diverse customer base across the U.S., and Revelstoke Capital is based in Denver, Colorado, making this geography central to the investment.
- North America – Omega Systems was recognized as a top growing IT service provider in this region, showcasing its market footprint.
Industry
- Information Technology – The industry involves companies that provide managed IT services, cybersecurity, and cloud services, critical to Omega Systems' offerings.
- Private Equity – Relevant due to Revelstoke Capital Partners' involvement, as they are a private equity firm providing financial backing and strategic resources.
- Healthcare Technology – Key sector focus of Revelstoke Capital, aligning with Omega's operations in regulated industries like healthcare.
Financials
- Not disclosed – The financial terms of the investment by Revelstoke Capital Partners in Omega Systems were not specified in the article.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Omega Systems | Target Company | Company | A provider of managed IT and cybersecurity services to highly regulated industries, recognized for its growth and innovative solutions. |
| Revelstoke Capital Partners | Bidding Company | Company | A growth-oriented private equity firm with a focus on healthcare services and technology, facilitating this strategic investment. |
| Q Advisors | Financial Advisor to Revelstoke | Company | Provided financial advisory services to Revelstoke Capital during the investment process. |
| McGuireWoods LLP | Legal Counsel to Revelstoke | Company | Offered legal services and counsel to Revelstoke Capital for the transaction. |
| Harris Williams | Financial Advisor to Omega | Company | Engaged as financial advisors to Omega Systems during the investment proceedings. |
| Paul Hastings | Legal Counsel to Omega | Company | Provided legal advisory services to Omega Systems in the investment transaction. |