Private equity firm BC Partners may be looking to sell Presidio, a major IT solutions provider that has cloud MSP, MSSP and cybersecurity capabilities, according to Reuters.For 2021, Presidio generated:Fast forward to present day, and Presidio's focus spans cloud, infrastructure modernization, workforce transformation and cybersecurity. Moreover, the company has more than 3,600 employees listed on LinkedIn.Neither Presidio nor BC Partners commented in the Reuters report.
- $3.1 billion in revenue;
- $350 million+ in EBITDA (earnings before interest, taxes, depreciation and amortization), the report said.
Presidio: Private Equity Ownership, Recent Acquisitions
BC Partners acquired Presidio for $2.1 billion and took the IT solutions provider private in 2019. Presidio has since grown organically and via M&A -- buying such firms as:- June 2022: ROVE, an audiovisual systems integrator that supports customers across North and South Carolina;
- November 2020: Arkphire Group for Europe and Asia expansion.
- August 2020: Coda Global, a cloud migration, application development, DevOps, big data enablement, and machine learning solutions provider.