Business wire
Cyberlink Completes Acquisition of Cosentus Technology Services
Kathleen Holohan
VP, Investor Relations & Marketing
212-847-8915
Kholohan@seaportcapital.com
CyberlinkASP (“Cyberlink”), a trusted Advanced Solutions Provider of cloud and managed IT services for small and mid-size businesses, today announced that it has acquired Cosentus Technology Services (“CTS”), a provider of IT solutions and managed services to customers in the central US.
Cyberlink’s mission is to transform businesses by delivering advanced, secure, and cost-effective cloud and IT solutions that ensure data security, business continuity, and seamless access to applications from any device. The acquisition extends Cyberlink’s solution offering beyond hosted cloud infrastructure to serve customers operating in an on-premise network environment. CTS’s array of IT services includes remote monitoring and management, endpoint security, network management, email management, and device cycle management. The Company serves customers across multiple end markets, including business services, healthcare, manufacturing, real estate, and non-profit. CTS operates out of two offices, located in Billings, Montana and Springfield, Missouri.
Chris Lantrip, CEO and Co-Founder of Cyberlink, said, “We are very excited to partner with CTS, as this acquisition expands the solution set we can offer our customers and allows us to support the needs of on-premise customers today and as they transition to hosted and hybrid infrastructure in the future.”
Mason Cooper, CTO of Cyberlink, added, “We look forward to enhancing our operations with the addition of the CTS team and welcoming the CTS customers to the Cyberlink platform.”
Drew Meyers, Partner at Seaport Capital said, “We’re thrilled for Cyberlink on their first acquisition and their partnership with CTS. We think the enhancement in service offering, ability to support on-premise customers, and opportunity to cross-sell solutions across a wider customer base make CTS a great strategic fit and growth driver for Cyberlink. M&A has long been a growth avenue for Seaport Capital investments, having completed over 130 add-on acquisitions to date, and we will continue to work with Cyberlink on growth through acquisition.”
About CyberlinkASP
Headquartered in Dallas, TX, CyberlinkASP is a leading Advanced Solutions Provider specializing in IT, cybersecurity and cloud services. As one of the nation’s largest Virtual Desktop providers and Citrix’s Partner of the Year (2023), CyberlinkASP delivers innovative solutions for data security, business continuity, and application hosting. Its purpose-built cloud infrastructure and 24x7 US-based support empower businesses to securely and cost-effectively access any application from any location on any device. With a strong commitment to delivering tailored, high-performance solutions, CyberlinkASP continues to support organizations across diverse industries in achieving seamless growth and operational excellence. For more information, visit www.cyberlinkasp.com.
About Seaport Capital
Founded in 1997, Seaport Capital is a lower middle-market buyout firm that invests in communication infrastructure and services, business and information services, and media companies (the “Focus Sectors”). Seaport typically invests $10 to $40 million of equity capital in companies generating EBITDA between $3 and $15 million. Seaport’s substantial industry expertise and investing experience enable it to develop successful strategies in partnership with management teams; its relationships and professionals help achieve them. Nearly all of Seaport’s platform investments have been owned by founders or entrepreneurs seeking a collaborative institutional partner to provide the financial and operational resources to grow their businesses and execute a successful strategic plan. For more information, visit www.seaportcapital.com.
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