New State Capital Partners (New State), a middle-market private equity firm that partners with entrepreneurially minded management teams, has acquired Agility Recovery Services (Agility).Terms of the transaction were not disclosed. New State initially invested in AFIMAC in August 2022.
Headquartered in Atlanta, GA, Agility Recovery Services has served blue-chip customers in banking, insurance, government, healthcare, and professional services for over three decades. The Company’s subscription-based services include priority access to back-up power, temporary office space, network connectivity, and mission critical back-up technology and equipment
Morgan, Lewis & Bockius acted as legal advisors, Raymond James provided financial advisory services and Piper Sandler provided debt advisory services to New State. Stifel acted as financial advisors for the Company.
