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PE-backed Ntiva buys managed IT services provider

Southfield Capital LLC-backed Ntiva Inc. acquired 3Points LLC, a managed IT services provider.

The acquisition is Ntiva's fifth. The company, which manages IT, cloud and cybersecurity services, is expanding to have the scale and resources to compete with larger peers.

Crestline Investors provided debt financing, while Finn Dixon & Herling provided legal counsel to Ntiva and Southfield Capital in the transaction.

Southfield Capital invests in lower-middle-market companies in the outsourced business services sector.