A Locke Lord team led by Mike Newquist and Jim Cavanagh (both of Providence) advised Nautic Partners, a middle-market private equity firm, on its investment of IT Solutions Consulting, Inc. (ITS), a Pennsylvania-based managed information technology service provider servicing commercial clients throughout the Northeast. The deal, which closed on April 29, is expected to further support investment in ITS’ innovative technology and capabilities in core areas such as delivery, customer success, technical talent and new technologies. For more information, see the press release. Additional support was provided by Peter Wynacht, Michael Bennett (both of Chicago), Philip Bush, Sarah Rous, Robin Shaughnessy (all of Dallas) and Ted Augustinos (Hartford).
Posted on May 25, 2022