News

Jul 2022

Audax Private Debt Provides Financing to Support Add-On Acquisitions for Nautic Partners’ Portfolio Company, VC3

Audax Private Debt provided an incremental Unitranche Facility to support add-on acquisitions for Nautic Partners’ portfolio company, VC3, a managed information technology (IT) service provider to local governments and commercial customers.

Headquartered in Columbia, SC, VC3 is a provider of IT managed services with a focus on municipal governments and mid-market businesses. VC3 forms partnerships with organizations to achieve their technology goals and harness their data. In addition to providing comprehensive managed IT solutions, VC3 offers cybersecurity, cloud services, website design, custom application development, and business intelligence services. The Company’s ~500 employees serves customers from 12 office locations throughout the U.S. and Canada. Visit www.vc3.com to learn more.