Dallas-based private equity firm Baymark Partners has acquired Computer Integrated Services Company of New York. Sperry, Mitchell & Co. advised on the transaction to Computer Integrated Services; the company’s founders Michael Zepernick, Thomas Horne and Todd Hershman will retain a stake in the company after the deal is completed.
New York, NY (April 12, 2011) – Computer Integrated Services Company of New York L.L.C. (“CIS” or the “Company”) of New York, NY has been acquired by Baymark Partners of Dallas, TX. Sperry, Mitchell & Company, Inc. initiated this transaction, assisted in the negotiations, and served as exclusive financial advisor to CIS. CIS’ three founders, Mr. Michael Zepernick, Mr. Thomas Horne and Mr. Todd Hershman, will each retain an equity stake in the Company post-transaction.
CIS (www.ciscony.com) is a leading provider of information technology (“IT”) infrastructure integration, services, and on-going support. With a 15-year track record of successful project implementation, the Company is the IT services provider-of-choice for an impressive list of both small and large companies across a wide range industries, including consumer products, retail, finance, healthcare, education, transportation, legal, hospitality, publishing, and media & entertainment, as well as governmental agencies and non-profit organizations.
Baymark Partners (www.baymarkpartners.com) is a private equity firm investing in growth-oriented middle-market companies, primarily focusing on the business services, IT outsourcing and health care services industries. Baymark Partners collaborates with talented management teams to promote growth through strategic and operational improvements.
Sperry, Mitchell & Company, Inc. (www.sperrymitchell.com) is an investment banking firm specializing in middle-market merger and acquisition advisory services. Since the firm’s founding in 1986, Sperry Mitchell has completed hundreds of transactions in a wide range of industries, with values ranging from $10 to $450 million.