Conor Mullett, Managing Director for Lightview, added: “The company operates in a multi-billion dollar, highly fragmented industry ripe for consolidation. Today, Nexustek serves over 1,000 customers and has 100+ employees.
Since 2014, when Lightview Capital along with its co-investors, bought majority control of NexusTek, the company has nearly tripled in revenue and profitability. Rich Erickson, Managing Director at Lightview Capital commented “NexusTek’s business has rapidly evolved during its partnership with Lightview, starting from our initial investment in a bootstrapped founder-led MSP in Denver to becoming the leading MSP in the Mountain West region.” With two fully staffed, geographically diverse, Network Operations Centers (NOC), designed for business continuity and operating 24 hours a day, NexusTek provides quality IT support and monitoring to its expanding client-base.
Headquartered in Denver, NexusTek provides regional IT support and outsourcing including help desk, cloud services, VoIP, cyber security services, server monitoring and Microsoft Dynamics 365 CRM services to small and medium-sized business (SMBs). Lightview Capital, announced today that it has completed a recapitalization of NexusTek, a leading Denver-based IT managed services firm providing services throughout the west, to Abry Partners, a Boston-based private equity firm.
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