Sterling Investment Partners has acquired Cyber Advisors, a Maple Grove, Minnesota-based provider of cybersecurity and managed IT services. The company, founded in 1997 by CEO Shane Vinup, serves small, mid-market, and enterprise clients across diverse industries. The acquisition marks Sterling's latest move in the growing managed services sector.

Cyber Advisors has built a strong reputation over nearly three decades in the market. The firm's leadership team will remain in place following the transaction, with founder Shane Vinup continuing to guide the company's operations. This continuity suggests Sterling values the existing business model and client relationships.

Robert W. Baird & Co. served as sell-side advisor to Cyber Advisors, while Dechert LLP, Seyfarth Shaw LLP, and Alvarez & Marsal LLP provided legal and tax counsel to Sterling Investment Partners. The deal reflects continued consolidation in the managed IT services space as private equity firms seek to capitalize on growing cybersecurity demand.