ProTelesis secured $4.58 million in debt financing to facilitate a shareholder buyout and acquire AmerX Security, enhancing its service capabilities in the MSP sector.

Target Information

ProTelesis, operating as Protel Communications, is a prominent Managed Service Provider (MSP) located on the West Coast, with a significant presence in Utah, California, and Arizona. The company specializes in offering a wide array of technology solutions that include data infrastructure, cybersecurity, physical security systems, and cloud services, catering primarily to enterprise clients.

With a commitment to enhancing technology offerings, ProTelesis has successfully undertaken various strategic initiatives, including acquisitions that bolster its service capabilities and geographic reach. The recent transaction involving a $4.58 million debt financing plays a crucial role in facilitating a shareholder buyout and the strategic acquisition of AmerX Security, marking ProTelesis’s eighth acquisition to date.

Industry Overview

The Managed Service Provider industry in the United States has witnessed substantial growth in recent years, driven by increasing demand for technology solutions among businesses striving for digital tr