Huron Capital’s IT solutions platform, InterVision, has made its fifth acquisition, acquiring Boston-based Fotis Networks, an IT professional services and consulting firm.
Founded in 1998, Fotis provides cybersecurity and networking professional services to clients in the government, commercial, healthcare and education sectors.
"Our clients are moving into more complex environments that require greater expertise in cloud services, security, enterprise infrastructure and compliance," InterVision President and CEO Aaron Stone said in a statement. "Fotis brings technical depth in these areas and complements our current engineering talent. We believe that we will be able to serve our clients even more effectively as we join the two companies together."
Fotis Founder and CEO Frank Loulourgas, who will remain with the combined company, added: "The natural synergy between Fotis and InterVision is the result of shared values and experience working together on complex client deployment. Joining the InterVision team is expected to enhance our collective ability to deliver the best client outcomes."
Huron Capital partnered with Santa Clara, California-based InterVision in 2016 to pursue opportunities in the rapidly growing IT solutions industry. Over the last three years, InterVision has also merged with or acquired Infiniti Consulting Group, Bluelock, Netelligent and Independent Technology Group. With InterVision and Huron Capital's backing, Fotis expects to have an opportunity to expand its expertise to a broader range of clients and projects.
"We are extremely impressed with Fotis' cybersecurity work with customers such as the U.S. Department of Defense and defense contractors and expect this acquisition will provide InterVision with access to new capabilities and customers," said Huron Capital Vice President of Private Equity Brian Rassel in a statement. "This acquisition is aligned with our buy-and-build strategy and is focused on driving value for InterVision's clients as an established industry leader."
