Goldner Hawn Recapitalizes Cyber Advisors in Partnership with Management
Goldner Hawn announced today that it has recapitalized Cyber Advisors (the “Company”), a leading IT solutions provider with a strong emphasis on managed services, cybersecurity, vCISO, data center, and cloud solutions.
Founded in 1997 and based in Minneapolis, MN, Cyber Advisors offers a comprehensive IT solution for small-to-medium sized companies across the Midwest. The Company is a one-stop shop for managing a clients’ IT systems and spend and can provide partial or fully outsourced solutions. Goldner Hawn is partnering with the founder and CEO, Shane Vinup, to continue expanding the Company’s service offering, investing in the team, and targeting strategic acquisition opportunities.
“We are thrilled to partner with Shane and the entire Cyber Advisors team to build upon the Company’s history of growth and success,” said Pete Settle, Partner at Goldner Hawn. “The Company has a track record of serving its clients’ most complex needs and helping them adapt to the everchanging technology and cybersecurity landscape.”
“Goldner Hawn’s partnership approach and singular focus on doing what is best for our customers and employees will only enhance our mission to provide world class service,” added Shane Vinup, CEO of Cyber Advisors. “Goldner Hawn is committed to providing capital and resources to execute on our strategic growth initiatives to take Cyber Advisors to the next level.”
Cyber Advisors is actively seeking add-on acquisition opportunities of MSPs and cybersecurity providers located in the Midwest.
Madeira Partners served as financial advisor to Cyber Advisors on the transaction.
About Cyber Advisors
Cyber Advisors is an IT solutions provider based in Maple Grove, MN, a northwestern suburb of Minneapolis. Since its founding in 1997, Cyber Advisors has sought to provide its customers with industry leading services and technologies with an emphasis on right-sized solutions that reduce and mitigate network-related downtime, ensure data security and availability, and enable client organizations to contain IT-related costs. For more information, visit cyberadvisors.com.
About Goldner Hawn
Goldner Hawn was founded in 1989 in Minneapolis, Minnesota and has been a source of private capital to leading lower middle market companies for over 30 years. With an investment philosophy centered on the principle of partnership, Goldner Hawn is looking to back management teams of businesses with $5 million to $20 million of EBITDA in industries including industrial manufacturing, value-added distribution, consumer products and services, and outsourced business services. Goldner Hawn has made over 100 platform and add-on investments in companies with total transaction values exceeding $4 billion. For more information, call 612-338-5912 or visit goldnerhawn.com.