ICS Solutions Group
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ICS Solutions Group - overview
Established
1986
Location
Endicott, NY, US
Primary Industry
IT Infrastructure
About
ICS Solutions Group provides specialized IT services that focus on managed solutions, cybersecurity, and IT consulting for small to medium-sized businesses, enhancing productivity and security across multiple sectors. Founded in 1986 in Endicott, US, ICS Solutions Group offers IT services tailored for diverse industries. The company has evolved its operations over the years but does not have any known subsidiaries or notable pivots. Luc de la Durantaye serves as CEO.
The firm was recapitalized in May 2020 by ClearLight Partners and its management, with details of the financial terms undisclosed. ICS Solutions Group specializes in comprehensive IT services for small to medium-sized businesses. Their core offerings include managed IT services, cybersecurity solutions, and IT consulting, aimed at enhancing productivity and ensuring scalability. The company serves a diverse clientele across sectors such as healthcare, education, financial services, and government, with a presence in major metropolitan areas like Orange County, Los Angeles, Boston, and New York.
ICS Solutions Group operates on a structured revenue model based on managed service agreements and IT consulting engagements. Clients engage the company through subscription-based agreements for ongoing IT support, including cybersecurity monitoring and system management. The firm's revenue primarily comes from business-to-business transactions, allowing for a steady income stream through tailored service offerings. ICS Solutions Group is currently focusing on expanding its portfolio of IT services and exploring entry into new markets.
The company aims to leverage recent funding from its recapitalization in May 2020 to support the development of innovative solutions. Additionally, ICS Solutions Group is considering geographic expansion, targeting regions such as the Midwest and Southeast US by the end of 2023.
Current Investors
ClearLight Partners
Primary Industry
IT Infrastructure
Sub Industries
IT Infrastructure, IT Security/Cybersecurity
Website
www.icscomplete.com
Company Stage
Mature
Total Amount Raised
Subscriber access only
ICS Solutions Group - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | TechMD Consulting, LLC | - | ||||||||
| Add-on | Completed | TechMD Consulting, LLC | - | ||||||||
| Add-on | Completed | Cards Technology | - | ||||||||
| Add-on | Announced | Unified Networking Solutions, Inc. | - | ||||||||
| Add-on | Completed | AKUITY Technologies, Inc. | - |
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