Harris Williams & Co. Advises Onepath Systems, LLC on its Sale to MSouth Equity Partners

October 18, 2017

Harris Williams & Co., a preeminent middle market investment bank focused on the advisory needs of clients worldwide for more than 25 years, announces the sale of Onepath Systems, LLC (Onepath), a portfolio company of Trivest Partners, L.P. (Trivest), to MSouth Equity Partners (MSouth). Onepath provides managed technology services. The transaction was led by Derek Lewis, Bob Baltimore,  Anthony Basmajian and Pete Morgan of Harris Williams & Co.’s Business Services Group and Priyanka Naithani of the firm’s Technology, Media, & Telecom (TMT) Group.

“Trivest and Management created a unique platform that strategically combined robust IT services with nationwide deployed services to meet the technology needs of any customer. Onepath is just beginning to reap the rewards of this differentiated capability set, and we look forward to following the company’s continued success in partnership with MSouth,” said Derek Lewis, a managing director at Harris Williams & Co.

“From pitch to closing, the Harris Williams & Co. team was terrific. Their thoughtful and high-touch approach, focused senior attention and strong buyer insight helped make this sale process a great outcome for Trivest and its investors. We are proud to count Harris Williams & Co. as a key partner and appreciate all of their hard work to make the Onepath transaction a success,” said Forest Wester, a partner at Trivest.

Onepath, headquartered in Atlanta, Georgia, 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.

Trivest is a private investment firm that focuses on partnering with founder/family owned businesses in the United States and Canada. Since its founding in 1981, Trivest has completed more than 250 transactions, totaling in excess of $5.5 billion in value. 

MSouth is a private equity investment firm that provides equity capital and expertise to support management teams in acquisitions and recapitalizations of middle market companies. 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 the firm’s investment strategy is partnering with proven management teams to create value. Founded in 2007, MSouth manages $1.3 billion with three active funds. MSouth is the successor to Cravey, Green & Wahlen, which was formed in 1984.

Harris Williams & Co. (www.harriswilliams.com), a subsidiary of the PNC Financial Services Group, Inc. (NYSE:PNC), is a preeminent middle market investment bank focused on the advisory needs of clients worldwide.  The firm has deep industry knowledge, global transaction expertise and an unwavering commitment to excellence. Harris Williams & Co. provides sell-side and acquisition advisory, restructuring advisory, board advisory, private placements and capital markets advisory services.

Harris Williams & Co.’s Business Services Group has experience across a variety of sectors, including facility services; environmental services; business process outsourcing; legal and insurance services; marketing and information services; professional services; payment processing and financial services; and education and training.  For more information on the firm’s Business Services Group and other recent transactions, visit the Business Services Group’s section of the Harris Williams & Co. website.

Investment banking services are provided by Harris Williams LLC, a registered broker-dealer and member of FINRA and SIPC, and Harris Williams & Co. Ltd, which is a private limited company incorporated under English law with its registered office at 5th Floor, 6 St. Andrew Street, London EC4A 3AE, UK, registered with the Registrar of Companies for England and Wales (registration number 7078852). Harris Williams & Co. Ltd is authorized and regulated by the Financial Conduct Authority. Harris Williams & Co. is a trade name under which Harris Williams LLC and Harris Williams & Co. Ltd conduct business.