M&A Deal Summary

Avathon Capital Acquires OculusIT

On April 28, 2025, private equity firm Avathon Capital acquired information technology company OculusIT

Acquisition Highlights
  • This is Avathon Capital’s 1st transaction in the Information Technology sector.
  • This is Avathon Capital’s 12th transaction in the United States.
  • This is Avathon Capital’s 2nd transaction in Illinois.

M&A Deal Summary

Date 2025-04-28
Target OculusIT
Sector Information Technology
Buyer(s) Avathon Capital
Deal Type Buyout (LBO, MBO, MBI)

Target

OculusIT

Chicago, Illinois, United States
OculusIT is a provider of managed IT, security, and enterprise application services for higher education institutions. OculusIT was founded in 2018 and is based in Chicago, Illinois.

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Buyer(S) 1

DESCRIPTION

Avathon Capital is a private investment firm focused on majority or minority investments in mid-sized US-based companies. The Firm is a generalist investor and seeks businesses with clear growth opportunities and strong product/market fit. Avathon looks to commit $10 to $50 million per transaction. Avathon Capital is headquartered in Chicago, Illinois.


DEAL STATS #
Overall 12 of 12
Sector: Information Technology M&A 1 of 1
Type: Buyout (LBO, MBO, MBI) M&A Deals 6 of 6
State: Illinois M&A 2 of 2
Country: United States M&A 12 of 12
Year: 2025 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-02-06 Yellow Brick Road

Plymouth, Minnesota, United States

Yellow Brick Road is a network of early childhood education schools across Minnesota, Iowa, and Nebraska. The organization provides high-quality, education-based programs for children ranging primarily from infant through pre-K, creating a strong foundation for success in kindergarten and beyond. Yellow Brick Road was formed in 2006 and is headquartered in Plymouth, Minnesota.

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