Detroit’s Huron Capital Acquires California’s Infiniti Consulting Group
Huron Capital has invested in Infiniti Consulting Group, a California company specializing in cloud services and IT.
Detroit-based Huron Capital, a lower-middle-market private equity firm, Tuesday announced its information technology solutions platform, InterVision Systems, has acquired California’s Infinity Consulting Group, a cloud services and IT consulting company.
Infiniti is based in Folsom, Calif. and works to help its customers increase productivity, innovation, and efficiency. Its range of expertise includes Amazon Web Services, Azure, and hybrid cloud services, as well as on-premise consulting and software design and development. It was founded in 2004.
“We are thrilled to join the InterVision team and begin working with Huron Capital,” says Scott Drossos, president of Infiniti. “We believe we'll be able to expand our reach to include new clients, geographies, and industries by combining our integrated IT services expertise with InterVision's impressive resources and Huron Capital's operational acumen.”
Huron Capital partnered with Santa Clara, Calif.’s InterVision in 2016 to pursue opportunities in the IT solutions industry. Over the past two years, InterVision has also merged with or acquired Bluelock, Netelligent, and Independent Technology Group.
“We were impressed with Infiniti's proven success servicing hundreds of public-sector clients, from state and local governments to universities and health care organizations,” says Aaron Stone, president and CEO of InterVision. “The Infiniti acquisition is a great fit for InterVision because it strengthens our position as a leading-edge IT provider, delivering in data center, cloud capabilities, and IT operations."
Infiniti will be able to expand its commercial customer base with the support of InterVision.
“We believe Infiniti's deep roots in the public sector and extensive knowledge will give the InterVision platform a competitive edge,” says Matt Hare, partner at Huron Capital. “This acquisition aligns with our buy-and-build approach and growth strategy for InterVision and continues to position us as an industry leader.”
Huron Capital uses its buy-and-build investment model to grow lower middle-market companies. It was founded in 1999 and has raised more than $1.8 billion in capital through six committed private equity funds and invested in more than 150 companies.