Entech Completes Recapitalization with Prospect Partners

Entech

Entech, a Fort Myers, FL-based Managed Technology & Cybersecurity Service Provider, completed a recapitalization partnership with Prospect Partners.

The amount of the deal was not disclosed.

The partnership will accelerate Entech’s growth and expansion efforts to pursue a focused acquisition strategy quickly.

Led by Chief Executive Officer Jake Spanberger, Entech is a Managed Technology & Cybersecurity Service Provider serving Fort Myers, Naples, Sarasota, Bradenton, and Tampa Bay.

Since 2015, the company has grown from 18 employees to more than 80 and increased revenue by 552%. Further, the Leadership Team has completed six M&A transactions yielding integrations and growth. Entech will continue to be led by Jake Spanberger, Buddy Martin, David Spire, and Jeremy Stakely.

FinSMEs

27/11/2022