Brite (“Brite” or the “Company”), a leading cybersecurity, managed IT services, and public safety technology provider and a portfolio company of Sole Source Capital (“Sole Source”), today announced the acquisition of Xobee Networks (“Xobee”) from O2 Investment Partners (“O2”). The acquisition marks a significant step in Brite’s buy-and-build strategy following Sole Source’s platform investment in the Company in early 2026 by expanding its managed services platform into California and the western United States while adding scale, vertical depth, and a broader suite of managed IT, cloud, and communications capabilities.
Founded in 1996 and headquartered in Fresno, California, Xobee is a full-stack managed services provider delivering managed IT, cybersecurity, cloud, backup and disaster recovery, hosted voice, and professional services. Xobee serves thousands of customers across a diverse set of regulated and SMB end markets including healthcare, non-profit, insurance, legal, construction, agriculture, manufacturing, and real estate.
“Xobee has established itself as a leading managed services provider, building an exceptional business defined by strong customer relationships, a talented team, and a reputation for delivering outstanding service across the United States. We are proud of what we accomplished together and grateful to the Q Advisors team for their guidance and execution throughout a successful transaction process. We are excited for Xobee’s next chapter alongside Brite and Sole Source and are confident this partnership positions the business for continued growth and long-term success” said Sam Wegenke, Director at O2 Investment Partners.
“Managed services continues to be one of the most active areas in TMT, and it’s a segment where Q Advisors has been increasingly focused,” said Brian Kornmann, Partner at Q Advisors. “Representing Xobee and O2 Investment Partners reflects the expertise we have built advising owners and operators in this space, and we look forward to continuing to deliver meaningful outcomes for our clients in the sector.”
Q Advisors, a leading global TMT investment banking boutique, acted as exclusive financial advisor to Xobee Networks and O2 Investment Partners in connection with the transaction.
About Xobee Networks
Founded in 1996 and based in Fresno, California, Xobee Networks is a full-stack managed services provider delivering managed IT, cybersecurity, cloud, backup and disaster recovery, hosted voice, and professional services to small and mid-sized businesses. Xobee serves customers across a diverse range of regulated and SMB end markets, supported by its owned infrastructure and proprietary technology platform. For more information, visit https://xobee.com/
About Brite
Founded in 1983 and headquartered in Victor, New York, Brite is a leading provider of cybersecurity, managed IT services, and public safety technology solutions to customers across the United States, with a focus on finance, healthcare, insurance, education, and other regulated industries. Brite is a portfolio company of Sole Source Capital. For more information, visit www.brite.com
About Sole Source Capital
Founded in 2016 by David Fredston, Sole Source Capital is a private equity firm that invests thematically in the industrial and business services sectors. Leveraging operational expertise and disciplined M&A, Sole Source Capital partners with management teams to build market-leading buy-and-build platforms that deliver lasting value. For more information, visit www.solesourcecapital.com
About O2 Investment Partners
O2 Investment Partners is a Midwestern-based private equity firm that seeks to acquire majority interests in lower middle market B2B services, technology, and select industrial companies. The firm invests in businesses with earnings growth potential and a clear path to the creation of shareholder value. O2 invests with a view toward partnering with management to build and grow the business and take it to its next stage of development. This requires not only a clear vision and strategic plan to create shareholder value, but a close partnership and alignment of interest with management.
Additional information is available at www.o2investment.com.
About Q Advisors
Q Advisors was formed in 2001 as a leading global investment bank serving public and private companies, PE firms, entrepreneurs and large multinationals in the telecom, media, and technology (TMT) sectors. Our team of 30 professionals, located in Denver and Munich, possess an extensive global reach, while also providing the personalized service of a boutique advisory firm. We are uniquely suited as a long-term partner in navigating a path to dynamic financial and strategic growth as we work to bring our clients best-in-class, independent advice by combining a level of commitment, operational understanding, and industry knowledge that is unmatched in the investment banking industry. More information at www.qllc.com.