VITG is an Australian Managed IT Services provider with a comprehensive suite of outsourced IT services for mid-market clients. VITG offers a wide range of services, from helpdesk assistance and cloud services to cybersecurity, compliance, and backup recovery, all of which are essential to facilitate seamless business operations, safeguard against technological failure, cyber security threats, business downtime and data loss.

“VITG is a prominent player in the IT Managed Services sector, providing a comprehensive one-stop-shop solution to Australian mid-market companies. This investment is a continuation of our global support for the sector, which we have financed in Europe and the U.S. through comparable portfolio companies.” said Justin Hooley, Managing Director in Barings’ Asia Pacific Private Finance Group. “Barings’ investment in VITG also maintains our long-standing partnership with TRC as a lender in a variety of portfolio assets. We look forward to collaborating with TRC on this and future transactions.”

About Barings
Barings is a US$406+ billion* global asset management firm that partners with institutional, insurance, and intermediary clients, and supports leading businesses with flexible financing solutions. The firm, a subsidiary of MassMutual, seeks to deliver excess returns by leveraging its global scale and capabilities across public and private markets in fixed income, real assets and capital solutions.

*Assets under management as of March 31, 2024

About The Riverside Company
The Riverside Company is a global investment firm focused on being one of the leading private capital options for business owners and portfolio company employees at the smaller end of the middle market by seeking to fuel transformative growth and create lasting value. Since its founding in 1988, Riverside has made more than 1,000 investments with an international portfolio of over 140 companies.

For more information, please visit https://www.riversidecompany.com/ .