The Bottom Line: NewSpring’s Investment in MicroAge
September 01, 2020
NewSpring, a family of private equity strategies, today announced that NewSpring Mezzanine, the Firm’s dedicated mezzanine strategy, has invested in MicroAge in partnership with Alerion Capital Group.
MicroAge provides a powerful mix of technology solutions and services backed by an acclaimed panel of experts to empower a competitive edge for technology leaders
As an award-winning technology services and solutions provider, MicroAge guides organizations from every sector in securing, accelerating, and transforming the way they do business. Backed by more than four decades in the IT industry, MicroAge is known for deep domain knowledge and a personalized client experience that brings a trusted advisor reputation to engaging clients. This depth and personalized experience empowers businesses of all sizes to commence their digital transformation and accelerate the realization of the benefits it affords to move their companies forward. MicroAge experts deliver breakthrough technology and services solutions from an extensive portfolio of industry-leading technology and an expanding array of services encompassing cloud solutions, remote collaboration capabilities, managed services, modern data center technologies, security, and strategic consulting services.
MicroAge is uniquely positioned to provide flexible workforce solutions during a critical time for remote work
As workforces continue to fragment and operate remotely in the wake of the COVID-19 pandemic, companies are in need of technological solutions that connect employees, centralize data storage, strengthen cybersecurity, and deliver the outcomes necessary to excel in this transformative, work from home, environment. MicroAge is uniquely positioned with their client acumen to move the needle for businesses in need of adapting and adopting these critical capabilities, with an expanding depth of services and expertise to complement their best-in-class solutions and support.
“At MicroAge, we serve as a true strategic partner to our clients, working closely with them to provide the technology solutions and support that digitally transforms their IT operations. Our partnership with NewSpring and Alerion is the next step in our evolution. We look forward to expanding our services-led solution capabilities and continuing to empower more businesses with difference-making technology.”
MicroAge continues its legacy of innovation to amplify service offerings for clients
MicroAge combines a powerful mix of technology services backed by vendor certified engineers to deliver the competitive edge technology leaders need in today’s digitally transforming environment. MicroAge has a rich history of adapting and innovating to meet the changing technology landscape, through which MicroAge has cultivated lasting client relationships. As the Company moves into its next phase of growth, it seeks to serve their deepening client relationships through investments in services offerings and resources, aligning with the transformative technologies clients need to empower their employees and business in the environment laying ahead.
MicroAge is led by a highly experienced management team with expertise at the cross-section of business and technology
MicroAge has a decades-long history of success under the leadership of its founding CEO, Jeff McKeever. Since 1976, Jeff has dedicated himself to continually innovating, growing, and adapting the Company’s offering to meet the modern technology needs of today’s businesses. As part of the transaction, Rob Zack, MicroAge’s former COO and CFO with over three decades of operational experience, stepped into the CEO role and is continuing the legacy Jeff created. Rob possesses a relentless underlying focus on customer service and a dedication to producing valuable outcomes for the Company’s clients, representing the type of growth-minded CEO with whom NewSpring seeks to invest.
“As more workforces continue to decentralize, businesses face operational challenges when it comes to cybersecurity, data storage, and collaboration. MicroAge is solving for this by providing nimble, flexible, and reliable IT solutions that enable remote workers to remain productive. Jeff has done a remarkable job growing and leading the evolution of this business over the last several decades, and we look forward to working with Rob and his team to continue propelling the Company and its clients forward.”