ITsavvy is one of the fastest growing resources for integrated IT products and technology solutions in the United States. Combining a comprehensive value-added reseller business with industry-leading IT solutions, ITsavvy is a single-source, end-to-end IT partner that strives to continuously deliver peace of mind to its clients.

Headquarters
Oak Brook, IL
Fund
Fund III
Acquired
2022
Company Website
www.itsavvy.com
Status
Exited
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Strategic executive team build-out
Increased services revenue mix, both organically and inorganically
Increased EBITDA margins via executed operations plan
Expansion of AI services
Transaction Sourcing:
  • Sourced in proprietary process
  • Result of a proactive thesis on the IT services sector, with massive $1 trillion addressable market
  • Recession-resilient market supported by powerful macro tailwinds driving future growth
Investment Highlights:
  • Attractive platform asset – balanced, diversified platform in place to drive organic and inorganic growth
  • Proven organic growth model supported by consistent long-term annual growth of 10%+
  • Attractive margin and cash flow enhancement opportunity
  • Significant market fragmentation supporting a logical, strategic, and synergistic M&A strategy
  • High traffic M&A sector creating a buyer-rich exit environment with both high-synergy strategics and significant sponsor interest
Key Initiatives Completed:
  • Professionalized and intentionally built out management team, adding:
    • New, visionary CEO
    • COO with significant services experience
    • CTO to lead AI and Automation Strategy
    • VP of Corporate Development from leading competitor to lead M&A strategy
    • Controller to bolster financial reporting
  • Accelerated organic revenue growth through executive team enhancements, improved go-to-market strategy, added capabilities, incentive realignment and better commercial execution
  • Enhanced business profile by increasing services revenue mix, both organically and inorganically, to ~20% of total revenue
  • Increased EBITDA margins by ~200 bps executing on a detailed margin improvement plan underwritten during due diligence
  • Expanded capability set adding an AI-Ops managed service and launching an AI & Intelligent Automation offering
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