USA – CIVC Partners has made an investment in iVision, an Atlanta, Georgia-based managed services and technology consulting provider for mid-market and enterprise clients.
The amount of the deal was not disclosed. The investment was made in partnership with Gabe Damiani, David Degitz and the rest of the existing management team. The partnership will support iVision’s continued growth, both organically and through acquisitions. Founded in 2004 by Gabe Damiani, iVision has established itself as a premier managed services provider, serving the complex cloud, data center, networking, security and application needs of its clients.iVision’s entire management team will remain in place following the investment and will maintain a meaningful ownership position in the company. Raymond James & Associates served as financial advisor to CIVC. Kirkland & Ellis LLP served as legal advisor to CIVC. Mazzone & Associates, Inc. served as financial advisor to iVision. Kilpatrick Townsend & Stockton LLP served as legal advisor to iVision.CIVC Partners is a Chicago-based private equity firm investing in high growth middle market companies in business services sectors. Since 1989, the team has invested approximately $1.8 billion in 67 platform companies and currently invests from CIVC Partners Fund V. 19/08/2020
