Revelstoke Capital Partners has made a strategic investment in Omega Systems, marking the eighth investment under its Revelstoke Capital Partners Fund III, the private equity firm announced.
Omega, recognized as one of the 25 fastest-growing IT service providers in North America in 2024 by CRN, specializes in managed IT services (MSP), cybersecurity services (MSSP), compliance, and cloud solutions for clients in highly regulated sectors such as healthcare and financial services.
Andrew Welch, Partner at Revelstoke, emphasized the appeal of Omega’s strong customer retention and recurring revenue growth.
“We have been targeting the IT MSP/MSSP sector for investment and were attracted to Omega’s differentiated capabilities. This is an opportune time to partner with Omega as industries like healthcare and financial services navigate mounting IT and cybersecurity challenges,” Welch said.
Revelstoke sees significant growth potential in the sector, according to partner Matt Dubbioso.
“Our plan is to build upon Omega’s existing infrastructure and capabilities and make additional investments to accelerate organic and inorganic growth,” he stated.
Mike Fuhrman, CEO of Omega Systems, hailed the partnership as a launchpad for expansion.
“Our customers operate in highly regulated industries with increasing demands for advanced cybersecurity, multi-faceted connectivity, and trusted IT advisory. With Revelstoke’s support, we will enhance our IT solutions to meet these demands and continue delivering innovative and service-driven capabilities,” Fuhrman said.
Omega Systems offers a wide range of services, including 24/7 managed IT support, cybersecurity risk management, managed detection and response (MDR), and disaster recovery solutions.
The company has been recognized for its ability to deliver security and compliance expertise alongside responsive IT support.
Q Advisors and McGuireWoods LLP advised Revelstoke, while Harris Williams and Paul Hastings served as financial and legal advisors to Omega Systems, respectively.
Revelstoke’s investment underscores its confidence in the IT and cybersecurity sector’s growth potential as organizations face escalating challenges in regulatory compliance and data protection.
