McCarthy brings us capital, strategic resources, and an excellent track record in growing businesses through partnerships with management.
OMAHA, Neb. (PRWEB) February 11, 2008
CoSentry provides technology solutions to regional and national businesses. These solutions include secure data centers, disaster-recovery services, and managed IT services. CoSentry has regional offices in Omaha, Kansas City, and Sioux Falls.
"We are very excited to partner with McCarthy Capital and to continue our partnership with Waitt," said Mike Steffan, CEO of CoSentry. "McCarthy brings us capital, strategic resources, and an excellent track record in growing businesses through partnerships with management."
The investment in CoSentry is consistent with McCarthy Capital's investment strategy - partnering with proven management teams at leading companies in high-growth markets. McCarthy Capital's investment will support CoSentry's plan for organic expansion and growth through acquisitions.
"We are pleased to partner with CoSentry's employee owners and our good friends at WaittCorp," said Dana Bradford, president of McCarthy Capital Corporation. "We believe CoSentry's people, proprietary technology and breadth of service offerings provide a substantial opportunity for growth."
About McCarthy Capital
McCarthy Capital Corporation is an Omaha, based private equity firm with approximately $1 billion under management. McCarthy Capital is a subsidiary of McCarthy Group, LLC.
About WaittCorp, LLC
WaittCorp was founded in 1998 as a holding company for Chairman Norm Waitt, Jr.'s investments and such operating companies as: NRG Media, Gold Circle Films, Waitt Outdoor, and Waitt Interactive. WaittCorp. also has investments in real estate, energy, public securities, and private securities.