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Light Bay Capital backs Centre Technologies in Texas IT push

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Light Bay Capital has invested in Houston‑based IT managed services firm Centre Technologies. The private‑equity firm disclosed no financial terms, but the backing signals confidence in the provider’s growth trajectory. Chris Pace, who founded Centre in 2006, continues as chief executive, guiding a business that has built a reputation for reliable, outsourced IT solutions.

Centre currently supports more than 750 clients across Texas and Oklahoma, underscoring a deep regional footprint. Light Bay highlighted the company’s “need‑to‑have” service model, durable client relationships, winning culture, proven M&A track record, and strong team as reasons for the investment. Those attributes position the firm to capture rising demand for managed IT in mid‑size enterprises.

The infusion of capital should enable Centre to accelerate its service portfolio and pursue strategic acquisitions, a path it has already demonstrated. For investors, the deal illustrates private equity’s appetite for niche technology providers with recurring revenue streams. Light Bay Capital’s involvement adds credibility to Centre’s growth plan and may prompt further consolidation in the Texas IT services sector.

With more than a decade in operation, Centre’s proven M&A record includes several bolt‑on purchases that expanded its geographic reach and service depth. The new backing could fund larger deals, helping the firm edge out regional competitors and lock in longer‑term contracts. Market observers will watch whether the capital accelerates Centre’s move from a regional player to a multi‑state platform.