Lighthouse Technology Partners of Greenwich, Connecticut, offers managed IT, cybersecurity, business transformation and cloud services. MSP’s client base spans finance, life sciences and healthcare, and professional services. Lighthouse’s leadership team will join the Coretelligent team in “expanded leadership roles,” although specific leadership moves were not disclosed.
Coretelligent, created in 2006, has 194 employees referenced on LinkedIn. The company is headquartered in Westwood, Massachusetts, with additional offices in New York, Philadelphia, Atlanta, Stamford, Scarborough, and the San Francisco Bay Area, and expanded support locations in Dallas, Los Angeles, Philadelphia, Tampa, Washington, DC and West Palm Beach.
MSP Mid-Market M&A Transaction: Management Perspectives
In a prepared statement about the deal, Coretelligent CEO Kevin J. Routhier said:
“Coretelligent is incredibly thrilled to welcome the exceptional caliber of professionals of the Lighthouse team as well as its world-class clientele. Lighthouse and Coretelligent are perfectly aligned when it comes to prioritizing the customer and employee experience. further strengthens Coretelligent’s industry-leading expertise in the practice areas of digital and business transformation, security, compliance and next-generation managed services.
David Gerstenmaier, Vice President of Lighthouse Technology Partners, added:
“Joining the Coretelligent family is an incredible opportunity for the Lighthouse ecosystem. With their overall business goals closely aligned with ours, we are confident that joining Coretelligent will be beneficial and productive for our customers and employees. Without a doubt, this acquisition ensures that we are better positioned to succeed in the future. For our customers and employees, it was clear that this stunning combination creates the rare opportunity of 1+1=5.”
Coretelligent: first MSP acquisitions
This is Coretelligent’s second acquisition in 2022. The additional acquisitions cover:
Private equity firm Norwest Equity Partners (NEP) has owned Coretelligent since October 2021.