Abry Partners acquires KaufmanIT for managed IT platform
The deal centers on an Irvine-based provider serving companies with as many as 2,500 users across Orange County and Los Angeles.
Abry Partners acquired KaufmanIT, managed IT, cybersecurity, and cloud services provider.
Founded in 2010, the company works with small and mid-sized businesses in Southern California, offering IT support, cloud, compliance and cybersecurity services.
“We are pleased to partner with Abry as we enter our next phase of growth,” said Matthew Kaufman, Founder and CEO of KaufmanIT.
The investment gives KaufmanIT capital to scale its platform, broaden cybersecurity and IT solutions, and pursue growth across the managed services market.
Terms were not disclosed.
Embarc Advisors served as exclusive 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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