Evergreen, a family of managed IT services and software partners, has acquired Nashville, Tenn.-based ImageQuest, a provider of managed IT, cybersecurity and compliance solutions. The deal is part of a continuing investment Evergreen is making in security- and compliance-specialized MSPs and MSSPs, along with a stronger focus on regulated verticals. ImageQuest will continue operation under Lyra Technology Group, Evergreen’s portfolio of managed IT service providers, the company said.
“The demand for proactive, intelligent and fully managed cybersecurity is skyrocketing—especially in highly regulated industries where protection is critical, but often overlooked,” said Elliott Hyman, CEO at Lyra Technology Group. “We are actively pursuing relationships with MSPs who are in this business, see the potential to add value and want to grow together.”
In addition to managed IT and cybersecurity, ImageQuest provides strategic information security advisory services to clients in highly regulated industries, including financial services. The company was founded about 20 years ago.
“We look for three non-negotiables in every IT services and software partner we acquire: strong leadership, a clear market edge and a culture that consistently delivers excellence,” said Ramsey Sahyoun, M&A partner at Evergreen.
Evergreen said its investment approach emphasizes long-term growth and stability without imposing rebranding or major restructuring on successful businesses. As a result, ImageQuest’s leadership team, employees, service offerings and client relationships will remain in place while tapping into Evergreen’s broader network of technology partners and resources.