Centre Technologies announced that it has partnered with LightBay Capital, a Los Angeles-based growth-focused private equity firm.
Centre Technologies is a Texas-based IT managed services provider that delivers outsourced IT services to businesses across Texas and Oklahoma. The company said the partnership with LightBay will provide additional capital and resources to support continued growth.
The investment will help Centre expand its go-to-market efforts, enter new geographies and service lines, deepen its AI, cloud, and cybersecurity offerings, and accelerate its acquisition pipeline in the fragmented managed services provider market.
Founded in 2006 by CEO Chris Pace, Centre Technologies is headquartered in Houston. The company provides a broad suite of outsourced IT solutions, including managed IT, AI, cloud, cybersecurity, business intelligence, and IT consulting services.
Centre serves more than 750 active clients across regulated end markets. The company said its regional, high-touch delivery model has supported strong customer satisfaction and retention, along with above-market organic growth.
Centre has also completed and integrated nine acquisitions to date. With LightBay’s support, the company plans to continue scaling through both organic expansion and targeted M&A.
LightBay said outsourced IT and cybersecurity have become increasingly mission-critical as technology environments become more complex and AI reshapes the enterprise technology stack. The firm believes Centre’s client-focused delivery model, embedded security offerings, and acquisition playbook position it as a strong platform in the MSP market.
Guggenheim Securities served as financial advisor and Troutman Pepper Locke provided legal counsel to Centre Technologies in connection with the transaction. Houlihan Lokey served as financial advisor and Ropes & Gray provided legal counsel to LightBay.
KEY QUOTES:
“I couldn’t be more excited to team up with LightBay to support Centre in this next phase of growth. We’ve spent nearly twenty years building Centre into a partner our clients can count on, and from our very first conversations with LightBay, it was clear that they get it. They put people first, they build leaders, and they know how to help a company like ours grow without losing what makes it special.”
“We’re going to keep investing in our team, push hard on expanding both the breadth and depth of our services, and bring our hands-on, client-centric approach to a lot more businesses. None of this happens without the continued support of our employees, clients, and partners.”
Chris Pace, Founder and CEO of Centre Technologies
“Centre exemplifies the key investment qualities we look for: a need-to-have service, deep and durable client relationships, a winning culture, a proven M&A track record, and an exceptional team. Outsourced IT and cybersecurity have become mission-critical for businesses as IT environments grow more complex and AI reshapes the technology stack. Centre’s client-centric service delivery model, security-embedded service offerings, and disciplined acquisition playbook position it as a clear leader in a large and fragmented market. We are excited to partner with Founder and CEO Chris and the entire Centre team to accelerate growth and establish Centre as a premier platform in the MSP market.”
A.B. Rampuria, Managing Director at LightBay
“Chris and his team have built something special, anchored by a culture of service and an unwavering commitment to their clients. We are proud to back Centre in its next chapter of growth.”
David Burcham, Partner at LightBay
