Candescent Partners, supported by investments from Midwest Mezzanine, Eagle Private Capital, and Parkway Capital, has successfully recapitalized Imagine Technology Group to enhance its financial stability and operational capabilities within Arizona's growing managed technology services industry.

Target Information

Imagine Technology Group, based in Chandler, AZ, is a managed technology service provider that delivers a unified solution for office technology requirements. The company excels in the sales of copy and print equipment, as well as offering managed print services and IT support to a diverse clientele across Arizona. With a focus on enhancing operational efficiency, Imagine Technology Group is well-positioned in the market to meet the evolving tech demands of businesses.

Industry Overview

The managed technology services industry in the United States has seen significant growth, driven by the increasing need for streamlined operations and technology consolidation. In Arizona, businesses are increasingly turning to external providers for management of their IT and office technology, creating ample opportunities for service providers like Imagine Technology Group. This trend has been enhanced by the rising adoption of remote work, exemplifying the need for effective print management and IT solutions.

Furthermore, the competitive landscape in Arizona's managed technology services sector is characterized by a mix of local firms and larger national players. As companies seek to optimize their resources and expenses, those that can pr