Robert Ambrogi Blog
The global managed services company Integreon has been acquired by the private equity firm EagleTree Capital, the two companies announced this morning.
EagleTree, a middle-market PE firm based in New York, acquired Integreon from the PE firm NewQuest Capital Partners. Terms of the acquisition were not disclosed.
EagleTree also owns ALM, the media company that is parent to Law.com, The American Lawyer, and other publications and services.
The companies said that Integreon will be a standalone platform investment in the EagleTree portfolio, and that there will be no change in Integreon’s operations, management team and personnel.
Founded in 1998 by Liam Brown, now chairman and CEO of Elevate, as Integreon Managed Solutions, Integreon provides a range of services including litigation, cyber incident response, contracts and compliance, creative, and legal administrative services.
The company specializes in process-driven, high-volume engagements to build efficiencies and economies of scale, it says. Its customers include law firms, corporate legal departments, financial institutions, and professional services firms.
Integreon CEO Bob Rowe said that EagleTree has a long history of investing in companies considered to be best-in-class in their respective industries and helping them accelerate growth.
“Integreon will continue to execute on its current strategy, now bolstered by EagleTree’s resources and expertise,” Rowe said. “We have experienced tremendous expansion in recent years and we look forward to working with EagleTree to continue that growth.”
In a joint statement, Anup Bagaria, co-managing partner at EagleTree, and Rohan Rai, partner, said: “Integreon has built a market leading position over the past 20+ years in the growing outsourced services sector as a result of world class customer service and innovative solutions provided by its talented employee base.
“We look forward to supporting Integreon’s strategic growth plan, both organically and through acquisitions.”