Mirus Capital Advisors advises INNO4 on its Strategic Investment from ServicePoint

BURLINGTON, Mass., Dec. 7, 2023 – Mirus Capital Advisors, Inc., one the largest independent middle-market investment banking firms in New England, is pleased to announce that it has advised INNO4 LLC (“INNO4”), a leading technology integrator and solutions provider, on a strategic investment from ServicePoint, a portfolio company of Mill Point Capital LLC (“Mill Point”). The transaction closed on November 22, 2023 and the terms were not disclosed.

Based in Boston, INNO4 designs, installs, and supports custom, mission-critical data infrastructure, audio visual, IT services, and managed services solutions for medium and large enterprises in the U.S. and Canada. INNO4’s customers span a variety of sectors including e-commerce & retail, healthcare, real estate, technology, and financial services, among others. The company employs over 180 people across its five U.S. locations.

Through this strategic investment, ServicePoint will benefit from an expanded geographic reach and service offering, and the increased ability to serve existing and new customers throughout North America.

“From day one and throughout the process, the Mirus team worked tirelessly with optimum focus and professionalism to deliver a successful transaction,” said Robert Feldman, CEO of INNO4. “We are truly appreciative of their expertise, guidance, tenacity, and unwavering commitment that delivered an outcome beyond our expectations.”

“Bob and the team at INNO4 have built a truly differentiated technology solutions business, focused since the company’s founding on delivering superior service to demanding Fortune 500 clients,” said Mark Young, partner with Mirus. “It was a privilege to have worked with the company, and we are excited about INNO4’s continued prospects as they execute their next phase of growth with the team at Mill Point.”

About INNO4 LLC

Headquartered in Boston, MA, INNO4 is a leading technology integrator and solutions provider that focuses on data infrastructure, audio visual, IT services and managed services. Founded in 2010, INNO4 serves over 200 customers across various industries throughout the nation. For more information, please visit www.inno4llc.com.

About Mill Point Capital LLC

Mill Point Capital LLC is a private equity firm focused on control investments in lower-middle market companies in North America across the Business Services, Industrials and IT Services sectors. Mill Point’s experienced team of investors and Executive Partners seek portfolio company value enhancement through rigorous implementation of transformative strategic initiatives and operational improvements. Mill Point is based in New York, NY. For more information, please visit www.millpoint.com.

About Mirus Capital Advisors, Inc.

Successful business owners have turned to Mirus Capital Advisors for more than 35 years to help them realize their ultimate accomplishment – the sale of their business. As a mid-market investment bank focused on mergers and acquisitions, Mirus drives successful deals for companies in the business services, technology, industrial, consumer products, and healthcare sectors. Mirus has proven time and again that its deep industry expertise, focus on relationships, thorough preparation, and unwavering commitment to every deal lead to meaningful accomplishments for business owners. For more, visit www.merger.com .