Middle market private equity firm One Equity Partners’ (OEP) portfolio company Computer Design & Integration (CDI) has completed the acquisition of Kintyre Solutions (Kintyre), a system integrator with practices focused on cloud native application development, observability and investigation platforms, cloud optimisation, and various security engineering technologies.
Financial terms of the private transaction have not been disclosed.
Founded in 2015, Kintyre provides product development, advanced configuration management, integration, data analytics, security engineering and other high value managed services. Headquartered in Philadelphia, the Company offers full end-to-end enterprise class cloud native development and optimisation to clients.
“Kintyre’s services offering is highly complementary to CDI’s offering and strengthens its portfolio of cloud development and security engineering capabilities,” says Chip Schorr, Senior Managing Director at One Equity Partners. “This acquisition reflects OEP’s deep expertise in identifying strategic acquisitions that build market share and create transformational growth opportunities for our portfolio companies.”
“Adding Kintyre’s expertise in Splunk, cloud optimisation, and DevSecOps to our portfolio helps us meet the ever-growing demands of our customers,” says Vince Collado, President, Digital Transformation Strategy, CDI. “This is another incremental step in pursuing our growth objectives and accelerating our digital evolution so we can deliver greater value to our clients.”
The transaction is CDI’s fourth add-on deal as a portfolio company of OEP and follows its acquisition of High Availability, a Philadelphia-based IT solutions provider in January. CDI acquired P5 Solutions, a Reston, Virginia-based ServiceNow Elite Partner, in September 2020 and Plan B Technologies, an Annapolis, Maryland-based IT solutions and professional services provider, in July 2020.
“Becoming a CDI Company was the next right step for Kintyre, and we’re excited to have found a partner that values our mission and our position in the industry,” adds Brian Kennedy, President and Founder, Kintyre. “We look forward to demonstrating our application modernisation expertise, and integrating our combined DevOps, security and hybrid cloud capabilities to continue developing the world class digital foundation that customers have come to expect.”
“We’re excited for CDI to leverage Kintyre’s comprehensive IT infrastructure and security expertise to solidify CDI’s position as a leading provider of traditional IT, public, private and hybrid cloud solutions and broaden its suite of high value services,” says Charlie Cole, Principal at One Equity Partners.
