News
CSI IT, LLC acquires The Vine, LLC
January 16, 2018 – CSI IT, LLC (“CSI”), a portfolio company of White Wolf Capital (“White Wolf”), is pleased to announce the acquisition of The Vine, LLC (“Vine”). Details of the transaction were not disclosed.
Corry Doyle, Managing Director of White Wolf, noted “We are excited to further expand the CSI platform by partnering with Skip LaVigna, the founder of Vine, and are excited about the organic growth opportunities available to us in the Northeast through Skip’s strong relationships and solid reputation. Synergistic acquisitions of leading IT consulting and staffing companies remain a key strategic focus of CSI and we look forward to pursuing additional acquisition opportunities in the near future.”
Joe Bendix, CEO of CSI, commented, “Skip has built a very successful IT staffing and consulting business by helping his clients find the people with the right skills to complete their IT projects in a timely and cost-effective manner. Skip will be joining the CSI team as the Vice President of Sales for the Northeast Region and the entire CSI organization looks forward to working with him as we continue to expand our market share in this geographic region. We look forward to meeting all of the Vine clients, consultants, and suppliers over the next few weeks and continuing to partner with them under Skip’s leadership.”
Skip LaVigna, President of Vine stated, “We are excited about merging our company with CSI, because with the support of CSI’s administrative and recruiting teams it enables us to provide more value to our clients, partners, and consultants across a full range of their IT staffing and consulting needs.
About The Vine, LLC
The Vine, LLC, located in Milford, New Jersey, was founded in 2008 by Skip LaVigna, who has over two decades of IT Staffing and Consulting experience. The Vine provides IT staffing & consulting services primarily to clients in the mid-Atlantic and Northeast regions of the US.
About CSI
CSI is an information technology, consulting and recruiting company that is primarily focused on providing permanent and contract IT resources to augment a client’s existing staff while implementing or upgrading complex systems. CSI has been providing experienced IT resources that enable their clients to complete their complex projects on time and on budget for over seventeen years. CSI is headquartered in Tallahassee, FL. For further information, please visit: www.csifl.com.
Consulting Solutions Acquisition Criteria
CS is actively seeking add-on acquisition opportunities that meet the following criteria:
- Revenue of $10 million to $100 million
- Providers of IT staffing, consulting and related services
- Focus on ERP implementations (platform agnostic) and cloud application migrations
- US development & support centers
- Regional or national focus
About White Wolf
White Wolf is a private investment firm that began operations in late 2011 and is focused on making direct and indirect investments in leading North American middle market companies.
White Wolf seeks private equity and private credit investment opportunities in companies with $20 million to $200 million in revenues and up to $20 million in EBITDA. Typical situations include management buyouts, leveraged buyouts, recapitalizations, and investments for growth. Preferred industries include manufacturing, business services, government services, information technology, security, aerospace, and defense.
White Wolf also looks to invest with other private fund managers as a limited partner. Targeted investment candidates are North American focused private credit funds looking to raise $50 million to $500 million, with a focus on the lower-middle and middle-market.
White Wolf’s office locations include Miami, Chicago, Montreal, and New York City.
For further information, please visit www.whitewolfcapital.com.