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Stradling

Synoptek Completes Sale of Its Majority Stake to Sverica Capital Management

Synoptek Holdings, LLC

Represented Synoptek Holdings, LLC in the sale of a majority stake in its operating company to Sverica Capital Management, a San Francisco-based private equity firm. The financial terms of the transaction were not disclosed.

Synoptek is an outsourced IT managed services provider that delivers a comprehensive suite of solutions for clients, including 24x7 help desk support, cloud hosting, disaster recovery, as well as consulting and project management services.

The deal team representing Synoptek included Jeff Estes.