SOURCE: Ludvik Holdings Inc

Ludvik Holdings Inc

December 16, 2015 17:00 ET

Unitiv Announces Sale to Investor Group

CUMMING, GA--(Marketwired - Dec 16, 2015) - Unitiv, Inc. today announced that it has sold a majority interest in the company to an investor group led by Ludvik Holdings, Inc. The terms of the sale include a financing commitment to Unitiv for up to $5,000,000.

Founded in 1995, Unitiv, Inc., provides data center infrastructure solutions, cloud solutions, OEM and third party support solutions, including staffing services. As a full service information technology ("IT") solutions provider, Unitiv helps organizations optimize existing investment in IT and datacenter infrastructure. Unitiv offers complete lifecycle support to enable clients to improve staff productivity and return on investments for the solutions and technology assets that Unitiv recommends and delivers.

Steve Zembrzuski, Unitiv President said, "This transaction strengthens our financial foundation, paving the way for Unitiv to grow its business and provide for strategic partnerships that will increase its offerings of products and services. We believe the agreement with the investors delivers an attractive and certain value for the Unitiv business and is in the best interests of all stakeholders."

The terms of the sale were not disclosed.

About Unitiv, Inc.
Unitiv, Inc. is a professional provider of enterprise Information Technology ("IT") solutions. Unitiv delivers its services nationwide from its headquarters in Cumming, Georgia. Unitiv provides a strategic approach to its service delivery, focusing on three core components: People, Products, and Processes. The People to advise and support customers. The Products to design and build solutions. The Processes to govern and manage post-implementation operations. For more information visit www.Unitiv.com.

About Ludvik Holdings, Inc.
Ludvik Holdings has investments in public and private companies. It provides long-term equity and debt investment capital to fund growth, acquisitions and recapitalizations of small and middle-market companies in a variety of industries primarily located in the U.S. Ludvik Holdings is the lead investor for transactions, as well as a co-investor in companies along with other private equity sponsors. For more information visit www.ludvikholdings.com

FORWARD-LOOKING STATEMENTS:
This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of risks and uncertainties. Actual results may differ materially from those expressed or implied in the forward-looking statements as a result of a number of factors, including those described from time to time and undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.

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