IT ServicePoint Revolutionizes the Field Service Solutions Industry with PremiseLink Technologies

In a groundbreaking move, IT ServicePoint (ITSP) announced its acquisition of PremiseLink Technologies LLC (PremiseLink), a leading provider of technology deployment and support services. The acquisition is set to propel PremiseLink to new heights, solidifying its position as a market leader in field service solutions for top OEMs, VARs, systems integrators, and other service providers.

PremiseLink specializes in implementation and support services for various industries, including Mobile Device, Telehealth, Security, IoT, and Retail. With a long-standing reputation for excellence in the IT field services industry, PremiseLink has built a loyal customer base and a track record of impeccable service delivery.

Under the leadership of ITSP, PremiseLink will continue to expand its offerings and geographical reach, enabling seamless service provision to customers across the United States and Canada. The combined strengths of PremiseLink and ITSP's first acquisition, Core Technology Solutions (CTS), will amplify the platform's capabilities and create a comprehensive suite of solutions for clients.

Mill Point Capital LLC, a middle-market private equity firm focused on control investments in North America, facilitated the acquisition. Mill Point's Executive Partner, Jeffrey Leventhal, brings a wealth of experience in the IT services sector to this investment, ensuring the success of ITSP's expansion strategy.

Kevin Donnelly and John Dewoski, Co-Founders of PremiseLink, expressed their enthusiasm about joining the IT ServicePoint family and the growth opportunities it presents. They commended ITSP for its commitment to their company's future success and are eager to embark on the next chapter of PremiseLink's journey.

Jeff Leventhal, Executive Partner of Mill Point and Executive Chairman of ITSP, acknowledged the exceptional leadership of Kevin and John, highlighting their instrumental role in establishing PremiseLink as a market leader. Leventhal expressed confidence in the partnership and emphasized their shared commitment to continued growth and providing quality service to clients.

About PremiseLink Technologies LLC

Headquartered in Long Beach, NY, PremiseLink is a renowned technology deployment and services company that offers expert technicians capable of installing, repairing, and upgrading a wide range of technology platforms for residential and commercial clients. Since its establishment in 2016, PremiseLink has been serving the largest OEMs, VARs, system integrators, and other service providers in industries such as Mobile Device, Telehealth, Security, IoT, and Retail. For more information, please visit www.premiselink.com.

About Mill Point Capital LLC

Mill Point Capital LLC is a private equity firm specializing in control investments in lower-middle-market companies across the Business Services, Industrials, and IT Services sectors in North America. With an experienced team of investors and Executive Partners, Mill Point focuses on enhancing portfolio company value through the implementation of transformative strategic initiatives and operational improvements. Based in New York, NY, Mill Point is committed to driving growth and success in its investments. For more information, please visit www.millpoint.com.

In conclusion, the partnership between IT ServicePoint and PremiseLink Technologies is set to revolutionize the field service solutions industry. With a shared vision of growth and a commitment to providing exceptional service, this collaboration marks an exciting new chapter for PremiseLink as it expands its offerings, geographical reach, and customer base. Through the expertise and support of ITSP and Mill Point Capital, PremiseLink is well-positioned to continue its trajectory of success in the IT field services industry.