September 10, 2024 – CriticalPoint (“CP”) is pleased to announce that it served as the exclusive financial advisor to Xobee Networks, Inc. (“Xobee Networks”) a portfolio company of O2 Investment Partners, on its acquisition of South Coast Computers, Inc. (“South Coast Computers”).
Based in Orange, California, South Coast Computers is a well-established technology solutions provider and has been a beacon of reliable, fast, and affordable technology for clients in the Southern California region since its inception in 1988. South Coast Computers’ clients will now benefit from Xobee Network’s industry-leading expertise in cybersecurity, cloud hosting, managed support services, network support, and more, ensuring they receive the highest level of service and protection.
“CriticalPoint has been an instrumental partner in our growth, consistently sourcing high-quality acquisition targets that align perfectly with our vision for expanding our managed support IT services. Their ability to provide actionable opportunities has been critical to our success, and we’re confident that CP will continue to play a pivotal role as we move forward with our acquisition strategy.” – Eric Rawn, CEO for Xobee Networks.
About Xobee Networks
Xobee Networks, a Managed IT Service company, serves thousands of clients throughout California and beyond. With a wide range of technology services and exceptional customer support, Xobee Networks ensures technology is a successful and affordable component for businesses and other organizations.
Founded by Eric Rawn as a single-person consulting firm in 1996, Xobee Networks has grown into a leading IT service provider. Eric was recognized as one of the top 40 business leaders under the age of 40 and remains actively involved with various socially responsible organizations. For more information about Xobee Networks, please visit https://xobee.com/.
About O2 Investment Partners
O2 Investment Partners is a Midwestern based private equity firm that seeks to acquire majority interests in lower middle market family/founder owned businesses in B2B services, technology, and select niche industrial companies. The firm invests in businesses with earnings growth potential and a clear path to the creation of shareholder value. O2 invests with a view toward partnering with management to build and grow the business and take it to its next stage of development. This requires not only a clear vision and strategic plan to create shareholder value, but a close partnership and alignment of interest with management. For more information on O2 Investment Partners, please visit, www.o2investment.com
CriticalPoint served as the exclusive financial advisor to Xobee Networks in connection with the transaction. The transaction demonstrates CriticalPoint’s expertise in middle market advisory and commitment to act as a trusted advisor with proven abilities to deliver for its clients.
If you’re interested in partnering with Xobee Networks, or if you know someone who might be a great candidate, we’d love to connect. For more information or if you have any questions regarding this transaction, please contact:
Willy Doremus
Vice President
Direct: (424) 206-5064
[email protected]
Tyler Wolf
Senior Associate
Direct: (424) 275-6153
[email protected]
About CriticalPoint
Headquartered in Los Angeles, CriticalPoint is a leading full-service financial M&A firm that uniquely combines the best of investment banking, private capital, and valuation service offerings. CriticalPoint executes, sources, and invests in deals across a wide variety of industries for the traditionally underserved middle market. Since our founding in 2012, our mission has been to serve the needs of owners, entrepreneurs, management teams, and stakeholders with our experience, knowledge, and expert judgment, to help them realize their companies’ greatest potential. From our deep-rooted foundation in private equity and investment banking, and our devotion to deal origination and business development, combined with being entrepreneurs at heart, we believe we are differentiated and well positioned to help companies wherever they are in their life cycle.
