Seaport Capital has acquired DSA Mission Critical Services from DSA Encore. No financial terms were disclosed. Headquartered in Brookfield, Conn., MCS is a provider of preventative maintenance and emergency service programs for mission critical facilities in North America.
New York, NY (PRWEB) September 09, 2013
DSA Mission Critical Services (MCS), a leading national provider of maintenance support and services for mission critical data center infrastructure, announced today that it was sold by DSA Encore, LLC to Seaport Capital, a private equity firm focused on investments in the communications, information technology and business services sectors.
Founded in 1998, MCS was previously operated as a wholly-owned subsidiary of DSA Encore, LLC and will become an independently operated business in connection with Seaport’s investment. MCS provides both preventative maintenance and emergency service programs for the critical infrastructure, including uninterruptible power supplies (UPS), of mission critical facilities. The Company will continue to be led by its existing management team: President and CEO Ron Croce, Senior Vice President of Operations John Raio and National Field Service Manager Bill Hoyer.
“Seaport Capital has a long track record of successfully investing in businesses like MCS and its investment will allow us to access substantial capital to fund the Company’s anticipated rapid growth and strategic acquisitions,” explains Ron Croce, President and CEO of MCS. “In particular, the additional capital will enable us to expand our national footprint while also expanding our core product and service offerings.”
“MCS is well regarded across the industry for providing high quality, reliable and responsive service to its customers,” says Justin Choi, Vice President of Seaport Capital. “We look forward to partnering with the Company and its management team as it continues to build on that foundation of exceptional customer service.”
Steve Friedman, CEO and Co-Founder of DSA Encore, LLC says, “We built MCS into a market leader by developing its vendor agnostic service offerings to include every model and brand of critical power equipment. We also created a full-spectrum technician training program that leverages live data center infrastructure installed in MCS’ state-of-the-art training center, which increases the readiness and quality of our technicians compared to the rest of the industry. We believe that with Seaport’s support, MCS will continue its impressive growth as a standalone business.”
For more information about DSA Mission Critical Services, visit http://www.dsamcs.com.
ABOUT DSA MISSION CRITICAL SERVICES
DSA MCS, is one of the nation’s leading third-party, independent field service organizations. Founded in 1998 and headquartered in Brookfield CT., the firm provides preventative maintenance and emergency service programs for the critical power infrastructure of mission critical facilities across North America.The DSA MCS national service network, combined with its all-vendor expertise, enables the firm to offer unparalleled service and quality on a local, regional and national basis. (http://www.dsamcs.com)
ABOUT DSA ENCORE, LLC
DSA Encore, headquartered in Brookfield, CT, is one of the nation’s leading providers of independent end-to-end data center solutions. Empowered by a totally client-centric, absolutely ‘vendor-neutral’ customer service philosophy, DSA Encore designs, builds, equips, maintains and restores data centers to fit any client requirement.
ABOUT SEAPORT CAPITAL
Founded in 1997, Seaport Capital provides capital to middle market companies in the communications, information and business services sectors. Seaport works with talented management teams to create valuable companies that are leaders in their market segments. Seaport’s substantial extensive investing experience enables it to develop winning strategies; its relationship and resources help achieve them. The firm seeks to invest $5 to $25 million of equity capital in each portfolio company. (http://www.seaportcapital.com)