Sole Source Capital LLC, a private equity firm focusing on industrial and business services, announced its acquisition of Brite, a leading cybersecurity and managed services provider. This transaction marks Sole Source’s first platform investment for its third fund, SSC Partners Fund III.

Founded in 1983 and based in Victor, New York, Brite delivers a comprehensive suite of cybersecurity, IT managed services, and technology solutions. The company serves customers in finance, healthcare, insurance, education, and other end markets. Brite has established strong customer relationships by providing mission-critical cybersecurity solutions to organizations in highly regulated sectors, supported by a diversified customer base that ensures consistent, recurring revenue.

Following the acquisition, Brite’s leadership, including CEO Justin Smith and President Trevor Smith, will retain their roles, along with the rest of the management team.

David Fredston, Founder and CEO of Sole Source Capital, stated, “Consistent with our track record of partnering with management teams to build market-leading buy-and-build platforms, we believe Brite represents a compelling opportunity as we enter the cybersecurity and managed services sector. The company’s experienced leadership team and longstanding customer relationships provide a strong foundation to scale the business and expand its capabilities over time.”

Scott Sussman, Chief Investment Officer of Sole Source Capital, commented on the market appeal,