Abry Partners invests in managed services provider KaufmanIT
The deal gives the 2010-founded Irvine MSP outside capital for cybersecurity offerings and further work across the SMB market.
Takeaways
- KaufmanIT is a managed IT, cybersecurity, and cloud services provider.
- Abry Partners is acquiring KaufmanIT.
- The target serves small and mid-sized businesses across Southern California.
KaufmanIT, an Irvine, California-based managed IT, cybersecurity and cloud services provider, received a platform investment from Abry Partners.
The company serves small and mid-sized businesses with as many as 2,500 users across Orange County, Los Angeles and the broader Southern California region.
KaufmanIT was recently named a CRN Tech Elite 250 company and is a three-time honoree of both the CRN MSP 500 and Channel Futures MSP 501 lists.
“We are pleased to partner with Abry as we enter our next phase of growth,” said Matthew Kaufman, Founder and CEO of KaufmanIT.
Terms were not disclosed.
Embarc Advisors served as financial advisor and Brown & Streza LLP served as legal counsel to KaufmanIT; Massumi + Consoli LLP served as legal counsel to Abry Partners.
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