For Immediate Release – Grapevine, Texas – August 19, 2019:
Buchanan Technologies has entered into an agreement with Lightview Capital to become a strategic investment partner.
With Corporate headquarters located in Grapevine, Texas, and Canadian headquarters in Mississauga, Ontario, Buchanan Technologies focuses on providing IT support and services for corporations around the world. Buchanan employs over 500 diverse and experienced consultants, engineers and architects that consistently deliver cutting-edge solutions for its clients using their global delivery teams.
Buchanan Technologies has been a steady force in the Managed Services / Technology Services space since 1988 with recognition that’s included multiple Inc. 500 awards, Dallas 100 awards, 2019 Top MSP 501, the Elite 150 in the 2019 CRN MSP 500 and both Microsoft Business Productivity Innovation and HDI Pinnacle of Excellence awards.
Buchanan’s services include Cloud Services, Digital Transformation, Managed Services, Support Operations, Service Desk, Professional Services, On-Site Field Services, Depot Services and Technology Consulting and has been helping its clients successfully navigate the tremendous shifts in enterprise technology for three decades.
The partnership with Lightview will provide both incremental resources and capital that will allow Buchanan to continue our expansion and to better serve our customers. “We chose Lightview because of their deep MSP sector knowledge, shared values, and a strong common vision for our growth”, said James Buchanan, CEO and Founder of Buchanan Technologies.
“Buchanan’s North American presence, scale, and reputation as a leading Managed IT Service Provider is a strong platform for continued expansion. The MSP sector is an attractive area for investment. We’ve worked with the Buchanan team for over a year and are excited to partner with an organization that is focused on growing and delivering hiqh quality multi-faceted IT solutions and services to their customer base.” said Rich Erickson, Co-founder and Managing Director of Lightview Capital.
Buchanan Technologies was represented in this transaction by martinwolf’s LMM Group, a leading M&A advisory firm serving the middle-market IT industry.
Call us at 1-888-730-2774 for more information
About Lightview Capital:
Lightview Capital is a leading private equity firm investing exclusively in business services sectors across the middle market. Lightview is focused on providing its portfolio companies deep industry knowledge, insightful experience, and active resources to unlock growth and drive value. Lightview Capital’s approachable investment style combines deep operational and financial experience with an entrepreneurial spirit that delivers measurable results.
Headquartered in New Jersey and founded in 2012, Lightview Capital founders have successfully led direct investments in more than 20 companies over 75% of which have led to IPOs or strategic exists. Over the course of their combined 50+ years of experience, they have founded and managed both operating businesses and investment firms where they were instrumental in raising over $500 million from leading institutional investors.
For more information on Buchanan Technologies or Lightview Capital, please contact Jake Sichenzia at JSichenzia@LightviewCapital.com.
Headquartered in Scottsdale, Arizona with an office in New York, martinwolf is a leading M&A Advisory focused on middle market companies in the IT Services, IT Supply Chain, IT-Enabled Business Process Outsourcing and Software as a Service (SaaS) space. Since 1997, our team has completed more than 160 transactions in over 20 countries and sold eight divisions of Fortune 500 companies.
For more information on Buchanan Technologies, please contact LaRessa Cox at LCox@Buchanan.com.
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