October 16, 2017
MSouth Closes the Acquisition of Onepath
Atlanta, GA (October 16, 2017) – MSouth Equity Partners, an Atlanta-based private equity firm, announced the closing of its newest investment. In partnership with management, MSouth completed the acquisition of Onepath.
The Company, headquartered in Atlanta, GA, is a high growth provider of managed technology services with national scale and the capability to design, deploy and support technology solutions from cable to cloud. The company was strategically built to deliver a full technology solution suite that includes comprehensive IT services and nationwide deployed services, all supported by proprietary technology platforms.
Barry Boniface, an MSouth Partner, said, “We are very excited to be partnering with such a strong management team. Ben Balsley and his team have created a unique platform that combines deep IT service capabilities with a large field service organization that can satisfy the technology needs of businesses nationwide. With Onepath’s terrific leadership and management’s commitment to continue building a world-class IT services organization, we have a lot of confidence in this company’s ability to continue its strong growth.”
MSouth Equity Partners is a private equity investment firm that provides equity capital and expertise to support management teams in acquisitions and recapitalizations of lower middle market companies typically valued between $25 and $150 million. Based in Atlanta, Georgia, MSouth invests primarily in the South with a consistent focus on management buyouts of companies in sectors where the firm has significant investment, management and transactional experience. MSouth invests with the objective of increasing operating cash flow through growth initiatives and active ownership. A key element of MSouth's investment strategy is partnering with proven management teams to create value. With $1.3 billion under management across three funds, MSouth is a successor to Cravey, Green & Wahlen, Inc., which was founded in 1984.