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Private Equity Firms Invest In InterVision Systems

Whitney Tomlin

Whitney Tomlin

InterVision Systems a technology integrator founded in 1993, has received private equity funding from Huron Capital Partners and RLG Capital. Although a specific dollar figure was not disclosed, the investment will help InterVision to fuel growth, the company said.

InterVision is now co-owned by the executive team, Huron and RLG — though ownership percentages for each party were not disclosed. “These are the right partners to help us become bigger and better than ever before,” wrote InterVision CEO Whitney Tomlin in a blog. “As a result of this transaction, our current InterVision executive team has taken new meaningful ownership positions in InterVision.”

The overall theme from Tomlin to customers was ‘business as usual,’ with more money available for engineering and customer-centric services. The company remains headquartered in Santa Clara, Calif. — with no changes to its management team. Likewise, customers can expect to interact with their established sales and engineering contacts, Tomlin wrote.

InterVision is a sizable IT solution provider. Annual revenues reached $150 million in 2012, up from $100 million in 2010, according to an InterVision company timeline. More recent revenues were not disclosed on the timeline. Most of InterVision’s key partners are in the networking sector. Tomlin himself is a veteran of 3Par, Cisco Systems, HP and NetApp, according to his LinkedIn profile.

Private Equity for VARs, MSPs, IT Service Providers

This is the latest in a growing list of private equity deals involving VARs, MSPs and IT service providers. A few examples:

For day-to-day coverage of mergers, acquisitions and exits visit here.

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