The industrialization of technology over the last decade has changed the way businesses evaluate and consume IT. Most companies now view technology as an operating cost rather than a capital investment. Companies are under pressure to manage IT infrastructure and yet for small companies, hiring full-time employees and building an IT department can be prohibitively expensive. These trends have fueled explosive growth in the managed IT services space.
GPB Capital intends to target IT Services companies in strategic U.S. markets who provide affordable solutions to the complex technology problems of businesses.