BBH Capital Partners (BBHCP), the private equity arm of Brown Brothers Harriman & Co. (BBH), today announced that it has completed an investment in Quest Technology Management (Quest or the Company) in partnership with management and existing shareholders. Founded in 1982 and headquartered in Sacramento, CA, Quest is one of the largest founder-owned outsourced IT service providers in the U.S. and focuses on cybersecurity, disaster recovery, cloud infrastructure, and unified communications. Quest serves thousands of middle-market customers across a range of end markets, including Healthcare, Education, Aerospace & Defense, Finance, and Telecommunications.
Regarding the newly formed partnership, Quest’s Founder and CEO, Tim Burke, commented, “I am excited to partner with the BBHCP team as we continue to grow Quest. BBHCP’s reputation and experience working with founders and family-owned businesses was exactly what I was looking for when I began thinking about bringing on a partner. I am confident this relationship will help Quest further support and grow with our customers while also creating opportunities for our team.”
Brad Langer, Managing Director of BBH and Co-Manager of BBHCP added, “The investment in Quest is an attractive opportunity for BBHCP to partner with a well-managed owner-operated business looking to pursue several exciting growth opportunities. Tim and his management team have an incredible track record and we are thrilled they have chosen BBHCP as their partner.”
“The increase in cyber security threats, the expanded complexity of IT ecosystems, and the challenges hiring and retaining IT talent create long term tailwinds for high quality outsourced IT services providers like Quest. We look forward to working closely with Tim and Quest’s management team on their next chapter,” added Matthew Salsbury, Principal of BBHCP.
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