Stake Purchase • Information Technology

LNC Partners Invests In Cantey Tech Consulting

On July 12, 2021, private equity firm LNC Partners invested in information technology company Cantey Tech Consulting

Investment Context
  • This is LNC Partners’ 2nd transaction in the Information Technology sector.
  • This is LNC Partners’ 38th transaction in the United States.
  • This is LNC Partners’ 1st transaction in South Carolina.

Explore All 375 Stake Purchase Information Technology Deals - Search the Database Free


Investment Summary

Date July 12, 2021
Target Cantey Tech Consulting
Sector Information Technology
Investor(s) LNC Partners
Deal Type Stake Purchase

Target Company

Cantey Tech Consulting

North Charleston, South Carolina, United States
Cantey Technology Consulting is an IT managed service provider for small and mid-sized businesses in the southeast US. Cantey Tech’s broad service offering includes cloud server management and backup, help desk support, hosting, data security and IT consulting services. Cantey Tech Consulting was founded in 2007 and is based in North Charleston, South Carolina.
Explore More Deals

Browse All 215,156 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Investor Overview 1

Investor

LNC Partners

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2010
PE ASSETS 1.0B USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

LNC Partners is a private investment firm focused on providing $10 to $40 million of equity and junior capital to support a variety of company transactions. As a provider of debt, LNC offers subordinated debt and unitranche securities. As a provider of equity, LNC will invest as a minority or majority partner. Prospective transaction situations include buyouts, refinancings, acquisition financings, growth capital needs, and recapitalizations. Sectors of interest include business and information services, financial services, insurance, healthcare, and niche manufacturing. LNC Partners is based in Arlington, Virginia.


Deal Context for Investor #
Overall 38 of 45
Sector: Information Technology 2 of 2
Type: Stake Purchase 3 of 3
State: South Carolina 1 of 1
Country: United States 38 of 45
Year: 2021 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-01 Aquafinity

Jupiter, Florida, United States

Aquafinity is a tech-enabled, service-supported distributor of a broad suite of water treatment equipment and supplies to commercial and institutional swimming pool and aquatic facility owners in the Southeast and Caribbean. Aquafinity is based in Jupiter, Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-04 KemperSports

Northbrook, Illinois, United States

KemperSports is a provider of management, marketing, and brand activation services to golf courses, resorts, major sports leagues, and Fortune 500 companies. KemperSports was founded in 1978 and is based in Northbrook, Illinois.

Buy -