Michelle Accardi, CEO, Logical
Logically, backed by private equity firm The Riverside Company, it has acquired Halski Systems, a managed IT services (MSP) provider in Gainesville, Georgia. The financial terms of the deal were not disclosed.
This is technology M&A agreement number 706, which ChannelE2E has covered so far in 2021. See all technology M&A agreements for 2021 and 2020 listed here.
Halski is a full-service MSP that supports customers in the southeastern United States. The company, which has 54 employees listed on LinkedIn, supports 5,300 customer endpoints.
This is Logic’s fifth acquisition in the last nine months and its tenth agreement since 2019. Previous deals included:
Logic, founded in 1999, now has over 1,800 customers across North America.
Logically Acquires Halski: Executive Insight
In a prepared statement on the deal, Halski’s CEO Seth Seagraves said: On the same subject : Ericsson and Telenet extend Managed Services partnership and begin nationwide 5G network rollout in Belgium.
At Halski, we value scalable services and straightforward results. That’s why we work with Logically, as they share these core values, which are crucial for continued growth. Our customers know that ‘we own customers’ challenges and deliver IT, telecommunications and and security strategy ‘, which is in line with Logic’s’ can-do attitude’, which is consistently focused on supporting customers with best-in-class solutions in mind. We could not be more excited about the journey together. “
Added Logical CEO Michelle Accardi:
“We are privileged to expand logically with the Halski team, which brings a unique level of expertise across industries, including manufacturing, construction, the automotive industry and healthcare, its largest vertical market. Bringing Halski on board will take our customer service and retention, as well. as our range of edge-to-endpoint services to the next level. “
Private Equity and Logically
The Riverside Company invested in Logically in July 2018. The private equity firm typically invests in companies with company values of less than $ 200 million. This may interest you : csl plasma indiana. Riverside’s sector focus spans business services, consumer brands, education and training, franchisors, healthcare, software and IT services. The private equity firm’s portfolio is listed here.