Weston Presidio has made a $20 million growth equity investment in Digital Intelligence Systems, a provider of IT professional services.
Digital Intelligence Systems (DISYS) is a provider of IT professional services including IT staffing and consulting, finance and professional services, ERP services, and infrastructure support services. The company was recently recognized by Staffing Industry Analysts as the 2nd fastest-growing IT firm among U.S. companies exceeding $100 million in revenue. In 2012, DISYS is expected to generate over $300 million in revenue and has maintained a 30% annual growth rate over the last five years. The company is based in McLean, VA (www.disys.com).
Weston Presidio has over $3.3 billion under management and invests in management buyouts, growth equity investments, and recapitalizations in a variety of industries, including consumer products and retail, manufacturing and industrial, media, services, and technology. Weston Presidio was founded in 1991 and has offices in Boston and San Francisco (www.westonpresidio.com).
Clearsight Advisors served as the exclusive strategic and financial advisor to Digital Intelligence Systems. Clearsight Advisors provides M&A and capital raising services to growth-oriented business and technology services companies. Clearsight serves the software, services and data markets with vertical expertise in financial technology, public sector technology and education technology. The firm is based in McLean, VA (www.clearsightadvisors.com).
“The Clearsight team delivered on their promise. They brought exceptional industry insight and creativity to the table, and worked tirelessly on our behalf to find DISYS the right financial partner. I could not have picked a better team to advise us on this mission critical transaction”, said Mahfuz Ahmed, CEO of DISYS.
© 2012 PEPD • Private Equity’s Leading News Magazine • 9-20-12
