Holland & Knight Advised M|C Partners in Equity Investment in Steel Root and C3 Integrated Solutions
BOSTON (November 17, 2022) – Holland & Knight represented M|C Partners in its substantial equity investments in Virginia-based C3 Integrated Solutions and Massachusetts-based Steel Root, two information technology (IT) and cybersecurity leaders that specialize in securing the nation's defense industrial base (DIB).
C3, a full-service IT provider specializing in cloud-based solutions including Microsoft 365 GCC High, and Steel Root, a cybersecurity services provider specializing in Cybersecurity Maturity Model Certification (CMMC) compliance, merged in connection with the investment from M|C Partners and will operate under the C3 Integrated Solutions name. The combined company will provide defense contractors end-to-end managed services that streamline the technical and administrative burden of regulatory compliance, offering comprehensive DIB solutions anchored around a CMMC-centric managed services platform.
M|C Partners is a private equity firm focused on small and mid-size businesses in the digital infrastructure and technology services sectors. For more than three decades, the firm has invested $2.4 billion of capital in over 140 companies. M|C Partners is currently investing its eighth fund, partnering with promising companies and leadership teams to support, scale and improve operations and maximize value.
Holland & Knight Partner Rebecca Wilsker and Associates Tony Boswell and Matt Zawislinski led the firm's representation of M|C Partners. They were supported by Partners Daniel Barsky, Brandon Bloom, Erin Estevez, Elizabeth Schartz and Andrew Silvia, and Associates Catherine Barbaree, Ji Mao, Jackson Oliver and Douglas Sweeney.