On December 29, 2020, ICS, a portfolio company of Clearlight Partners, announced the acquisition of Akuity Technologies, a managed service provider (MSP) based in Auburn, Massachusetts. The acquisition was supported by investment banking advisors who helped navigate the M&A process and negotiate the terms of the deal.
The acquisition of Akuity Technologies is part of ICS' strategy to expand its presence in the Northeast region of the United States and strengthen its position in the IT services sector. Akuity Technologies has a proven track record of providing innovative and reliable technology solutions to its clients, and the acquisition will allow ICS to broaden its offerings and enhance its service capabilities.