Dallas-based managed service provider CyberlinkASP has been acquired by Seaport Capital, a New York-based private middle-market equity firm.

Cyberlink offers fully-outsourced IT management services to SMB and enterprise customers. No financial details of the transaction were released.

“After spending the last few months with the Seaport Capital team, we believe they are the right strategic partner for Cyberlink’s next growth phase. I’m looking forward to executing key initiatives that will allow our business to continue to grow and scale to its full potential,” Chris Lantrip, CEO and co-founder of Cyberlink, said in a statement. “Seaport’s sector experience in tech-enabled services and its approach to partnership give us confidence and enthusiasm as we enter this next chapter.”

Seaport Capital said it funded the deal through Seaport Capital Partners VI, a $240 million private equity fund. Cyberlink will be Seaport’s sixth investment in the fund, the company said.

Founded in 1999, Cyberlink full suite of IT management services includes Desktop-as-a-Service (“DaaS”), application hosting, network management, disaster recovery, and cybersecurity.

Cyberlink said its virtual DaaS platform supports an integrated, secure, and compliant remote IT environment suitable for enterprises across end markets, including regulated verticals such as healthcare, legal, and financial services.

Desktop-as-a-Service app allows access on any device

Cyberlink hosts more than 100 applications in public and private cloud environments for customers nationwide and said it differentiates itself with the flexibility to serve customers across its five, geographically diverse data centers supported by 24/7/365 customer support.

“We’re excited to work with Cyberlink’s experienced management team and grow the business together through multiple avenues. The Company’s consistent focus on customer service has led to long-term customer relationships and strong customer retention,” Scott McCormack, partner at Seaport Capital, said in a statement. “In addition, the company operates in a highly fragmented market that offers acquisition opportunities, aligning well with Seaport’s investment strategy.”

Seaport Capital Partner Drew Meyers said the Cyberlink management team brings years of experience to the company, which, combined with Seaport’s 25-year history of investing in the internet infrastructure market, “we believe sets our partnership up for long-term success.”

CyberlinkASP is one of the nation’s largest Desktop-as-a-Service (DaaS) and Application Service Providers (ASP), and recently was named Citrix’s Partner of the Year.

Lantrip added: “I am grateful to Staple Street Capital for being an invaluable partner. The SSC team has provided instrumental support throughout our partnership, by investing in our management infrastructure, helping us strengthen our business processes, and supporting acquisitions that have diversified and strengthened our platform.”

Via purpose-built cloud and support services, Cyberlink enables companies to access any app from anywhere on any device, securely, and cost effectively.

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