MHT Partners Announces that Centre Technologies has Formed a New Business Partnership
PRNewswire 23-Jan-2019 1:00 PM
DALLAS, Jan. 23, 2019 /PRNewswire-PRWeb/ -- MHT Partners is proud to announce that Centre Technologies ("Centre" or the "Company"), a leading technology services firm based in Houston, Texas, has formed a new business partnership with Texas investment firm Main Street Capital Corporation (NYSE:MAIN) ("Main Street"). This partnership will equip Centre with the resources to continue growing in technologically sophisticated markets and further expand the organization's ability to deliver advanced, customized IT solutions to current and new customers. MHT Partners served as the exclusive advisor to Centre in this transaction.
Through this partnership, Centre is empowered to drive the continued growth and success of its partners, customers and employees. Customers will benefit from solutions with increased scalability through industry-leading tools and resources. The investment enables the company to deliver a strengthened, strategic business model with enhanced enterprise solutions and methodologies, positioning Centre to capitalize on significant growth opportunities in the future.
"Our strategic partnership with Main Street opens up endless opportunities that will advance our DNA (our employees, customers and technology partners) – strengthening our enterprise solutions, increasing scalability of services, and expanding our team of proven business leaders. We are extremely excited and enthusiastic about the potential that this new partnership creates — enabling us to deliver the best business technology solution across Texas and other markets," states Chris Pace, Centre's Founder & CEO. He adds, "MHT Partners worked assiduously to find the right partner for us. Their deep industry and transaction expertise drove us to our desired outcome. We couldn't be happier."
Mike McGill, Co-Founder and Managing Director, MHT Partners, states "As clients ourselves, MHT understands the tremendous value that Centre brings to organizations like ours through superior service and exceptional technological expertise. From an investment perspective, the Company represents a truly unique opportunity as a differentiated platform in a highly attractive geography, led by an exceptional group of people."
Briton Burge, Principal, MHT Partners, adds "As homegrown Houston companies, Centre and Main Street share a cultural tie and vision for growth, which we believe will allow Centre to build upon its past success and continue to serve its clients and its community with distinction. It was an honor working with the Centre team. We know they will continue to perform very well in the marketplace."
About MHT Partners
MHT Partners is a national middle market investment bank focused on representing innovative leaders in growth markets. The team at MHT Partners assists clients with seller advisory, acquisition advisory, corporate finance and strategic advisory assignments across a range of dynamic and growing industry verticals: business & information services; education; healthcare services and consumer growth. For more information, please visit http://www.mhtpartners.com.
About Centre Technologies
Technology is at the center of every business. Centre Technologies' team of experts and certified consultants assess, design, deploy, and support innovative IT solutions that empower businesses of all sizes by delivering the right technology to improve efficiency and enhance collaboration. As a trusted partner to clients, employees and technology manufacturers and distributors, Centre is able to provide an exceptional level of service from Managed Services to Hosted Services to Project Services allowing businesses to focus on growing their business. Learn more by visiting http://www.centretechnologies.com.
About Main Street Capital Corporation
Main Street (http://www.mainstcapital.com) is a principal investment firm that primarily provides long-term debt and equity capital to lower middle market companies and debt capital to middle market companies. Main Street's portfolio investments are typically made to support management buyouts, recapitalizations, growth financings, refinancings and acquisitions of companies that operate in diverse industry sectors. Main Street seeks to partner with entrepreneurs, business owners and management teams and generally provides "one stop" financing alternatives within its lower middle market portfolio. Main Street's lower middle market companies generally have annual revenues between $10 million and $150 million. Main Street's middle market debt investments are made in businesses that are generally larger in size than its lower middle market portfolio companies.
Additional Inquiries:
Mike McGill
MHT Partners
214-661-1291
mmcgill (at) mhtpartners (dot) com
Briton Burge
MHT Partners
214-389-8803
bburge (at) mhtpartners (dot) com
SOURCE MHT Partners
