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Sverica Announces Synoptek Has Acquired Indusa, Expands Business Systems Consulting and Worldwide Service Delivery Capability

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Sverica
Capital Management LP
("Sverica"), a private equity investment firm,
announced today that its portfolio company, Synoptek,
has completed its acquisition of Indusa,
a global technology company focused on end-to-end enterprise software
solutions and services. The acquisition helps further position Synoptek
as one of the leading digital transformation and IT management providers
and bolsters its capabilities across a variety of key Microsoft
technologies.

"This acquisition means we have all of the delivery capabilities to
plan, build, and manage complete integrated solutions in the cloud
coupled with an emphasis on compliance and security," said Tim Britt,
CEO of Synoptek. "With our breadth and depth of expertise, we can
deliver a complete digital transformation, helping organizations
leverage an integrated technology platform that will simplify their IT,
accelerate change more cost effectively, and enable them to achieve
business results faster."

"The acquisition of Indusa aligns directly with our strategy of moving
up the technology stack to the application level, deepens our expertise
in a variety of high growth service areas, and expands our global
delivery capacity," added Frank Young, Managing Partner at Sverica.

Along with their current managed support services, Synoptek will be able
to further offer predictive analytics, business intelligence, and
process innovation solutions. Additional capabilities will include:

  • Business consulting and business systems implementation
  • Predictive analytics and enhanced internet-of-things delivery
    capabilities
  • Business systems planning and implementation expertise across CRM,
    analytics, eCommerce, ERP, as well as productivity and collaboration
    solutions
  • Additional cloud migration and support capabilities
  • Highly skilled personnel across: Microsoft Dynamics (365, AX, CRM),
    Power BI for Office 365, Azure Data Factory, Azure SQL Data Warehouse,
    Azure Analysis Service, Tableau, and Magento
  • Expansive expertise across broad platforms within Microsoft and Amazon
    Web Services

About Sverica Capital Management

Sverica is a leading lower-middle-market-focused private equity firm
that has raised over $700 million of investment capital across four
funds. The firm acquires and actively builds companies that are, or
could become, leaders in their industries. Since 2001, Sverica has
maintained a "high touch" operating philosophy of taking an active role
in portfolio companies. Sverica devotes significant internal resources
to help its management teams develop and execute growth strategies. For
more information, please visit www.sverica.com.

About Synoptek

Synoptek provides information technology management services, consulting
and IT leadership to organizations worldwide. The firm manages and
operates IT infrastructure with 24/7 operations, automated toolsets, and
highly skilled technologists. Synoptek's trusted team of IT
professionals provides superior end user and device management support
to improve business performance and success. Synoptek offers a complete
suite of managed IT services at the service levels necessary for
customers to excel as high performing organizations. For more
information, please visit https://synoptek.com/.

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