Integris, a rapidly growing IT Managed Service Provider (MSP), has announced a strategic partnership with OMERS Private Equity, the investment arm of one of Canada’s largest pension plans. This collaboration aims to bolster Integris’ growth through both acquisitions and organic development, while also investing in its workforce. Since its establishment in 2021, Integris has gained recognition as one of the fastest-growing IT MSPs in the United States.

The partnership with OMERS presents a significant opportunity for Integris to refine its industry-specific IT strategies and enhance employee development. Glenn Mathis, President and COO of Integris, expressed enthusiasm about the partnership, emphasizing the focus on growth that benefits both employees and clients. He noted that OMERS was the clear choice for ensuring future growth. This new investment follows a successful four-year relationship with Frontenac, a Chicago-based private equity firm, which played a crucial role in Integris’ growth through mergers and acquisitions.

Rashaad Bajwa, Founder and CEO of Integris, highlighted the importance of having the right partner as the company enters its next phase. He also acknowledged the valuable support received from Frontenac during their collaboration. Eric Haley, Senior Managing Director at OMERS, recognized Integris’ expertise in providing outsourced IT services within a growing industry, indicating that the partnership would effectively integrate OMERS into the IT MSP sector.

Geoffrey Bird, Managing Director at OMERS, stressed the significance of Integris’ leadership in maintaining service excellence. The transaction is anticipated to be finalized in December 2024. Legal representation for Integris was provided by DLA Piper, while Baird acted as its financial advisor. OMERS Private Equity was represented by Cravath, Swaine & Moore LLP, although financial details of the deal remain undisclosed.

Founded in 2021, Integris delivers comprehensive IT services to small and mid-sized businesses through a national network of local service offices. OMERS, managing investments for the OMERS Pension Plan, has net assets totaling C$128.6 billion and focuses on various sectors, including Technology and Healthcare. Frontenac specializes in lower middle-market buyouts, facilitating transformational acquisitions and operational improvements for its portfolio companies.

This partnership marks a significant step for Integris as it seeks to expand its footprint in the IT services market while continuing to prioritize employee and client satisfaction.