Mid-market buyout firm Quad-C Management has made a majority investment in global business and digital transformation advisory firm Synoptek.
Mid-market buyout firm Quad-C Management has made a majority investment in global business and digital transformation advisory firm Synoptek.
Synoptek’s former private equity partner, Sverica Capital Management plans to remain as minority stakeholder after the transaction. Sverica bought into Synoptek in 2015.
Synoptek was recently recognized as Microsoft Partner of the Year 2022. It employs over 1,000 technology professionals spanning 12 offices across the globe.
Jack Walker, Partner at Quad-C, said: “This platform is ideally positioned to capitalise on the continued digital transformation of the economy, and we look forward to working closely with the team to drive outsized growth for the company and deliver even better outcomes for their clients.”
US-based Quad-C Management specialises in the consumer services, healthcare, industrial, specialty distribution, food & beverage and consumer products, and transportation/logistics companies.
It is currently investing out of its $1.7 billion-tenth fund in companies with enterprise values between $100 and $500 million.
