HOUSTON,TX - October 1, 2018 - Meriplex Communications, Ltd. (Meriplex), a managed solutions provider specializing in delivering intelligent network solutions, cloud enablement and managed services for the enterprise market, announced today that it has partnered with Clairvest Group, Inc. to help accelerate its growth trajectory. Meriplex’s Chief Executive Officer and Co-Founder, David Henley, will retain a significant ownership interest alongside Clairvest.
"In recent years, Meriplex has experienced tremendous growth by successfully attracting a highly talented workforce and by meeting the demands of our enterprise customers," stated David Henley, Meriplex CEO. "Partnering with Clairvest allows us to accelerate our service offering roadmap and continually improve each customer’s experience.”
Meriplex’s entrepreneurial leadership and strong track record for success aligns with Clairvest’s core values, providing an attractive partnership for both parties.
“Clairvest is excited to partner with the senior leadership team of Meriplex to embark on the next phase of growth and capitalize on new technologies such as SD-WAN that improve the customer experience,” said Mitch Green, Managing Director of Clairvest. “The senior leadership team will maintain a majority of their equity in the business which will preserve the culture of creativity and service excellence.”
Meriplex will continue to embrace its mission of developing lasting customer relationships, while striving to become the service provider of choice for the enterprise market by delivering quality customer experiences utilizing automation, technology, and an engaged workforce.
Q Advisors, a global TMT investment banking boutique, acted as the exclusive financial advisor to Meriplex in connection to the transaction.
About Meriplex Communications
Meriplex is a managed solution provider specializing in delivering intelligent network solutions, cloud enablement and managed services for the mid-enterprise market. Meriplex develops lasting customer relationships by demonstrating positive attitudes in providing creative, reliable, and personalized solutions. For more information, visit www.Meriplex.com and follow the company on LinkedIn.
About Clairvest Group
Clairvest Group Inc. is a private equity management firm that invests its own capital, and that of third parties through the Clairvest Equity Partners limited partnerships, in businesses that have the potential to generate superior returns. In addition to providing financing, Clairvest contributes strategic expertise and execution ability to support the growth and development of its investee partners. Clairvest realizes value through investment returns and the eventual disposition of its investments.