Integris, an IT Managed Service Provider, announced a partnership with OMERS Private Equity, a prominent institutional investor. OMERS Private Equity is the investment arm of OMERS, one of Canada's largest defined benefit pension plans, supporting over 620,000 municipal employees. This partnership aims to strengthen Integris' expansion through acquisitions and organic growth while continuing to invest in its workforce. Since its inception in 2021, Integris has been recognized as one of the fastest-growing IT MSPs in the U.S.

The investment from OMERS marks a pivotal opportunity for Integris to enhance its industry-specific IT strategies while fostering employee development. Glenn Mathis, President and COO of Integris, stated, “I am honored to announce this partnership and look forward to seeing how we grow together. Integris has remained focused on growth that benefits our people and our clients. When it comes to ensuring future growth, OMERS was the clear choice.” This recapitalization follows a four-year collaboration with Frontenac, a Chicago-based private equity firm, which helped Integris achieve significant growth through mergers and acquisitions. Founder and CEO of Integris, Rashaad Bajwa, expressed confidence in the partnership with OMERS, stating, “As we embark on our next chapter, having the right partner is key to our continued success.” He also acknowledged Frontenac's support over the past four years. OMERS Private Equity's Senior Managing Director, Eric Haley, noted that Integris delivers expert outsourced IT services in a growing industry. He indicated that the partnership would integrate OMERS into the IT MSP sector effectively. Geoffrey Bird, Managing Director at OMERS, emphasized the importance of Integris' leadership in ensuring continued service excellence. The transaction is expected to finalize in December 2024. Legal counsel for Integris was provided by DLA Piper, while Baird served as financial advisor. OMERS Private Equity was represented by Cravath, Swaine & Moore LLP. Financial details of the deal were not disclosed.

Founded in 2021, Integris offers holistic IT services to small and mid-sized businesses through a national network of local service offices. For more information, visit integrisit.com. OMERS manages investments on behalf of OMERS Pension Plan, which has net assets totaling C$128.6 billion, focusing on various sectors including Technology and Healthcare. Frontenac specializes in lower middle-market buyouts across the services, consumer, and industrial sectors, facilitating transformational acquisitions and operational improvement for its portfolio companies.