OculusIT Joins Forces with Avathon Capital to Advance Higher Education IT Solutions

Strategic partnership will empower innovation and expand access to Oculus IT’s high-impact, cost-effective services. 

Austin, Texas – April 28, 2025 – OculusIT, a leading provider of managed IT services for higher education, today announced its acquisition by Avathon Capital (“Avathon”), a purpose-driven private investment firm focused on the education sector. This new partnership will accelerate OculusIT’s mission to empower colleges and universities through secure, scalable, and student-focused IT solutions. 

“Partnering with Avathon marks an exciting new chapter for OculusIT,” said Joe Redwine, CEO of OculusIT. “This strategic move allows us to invest more deeply in innovation, scale our services, and continue delivering high-touch, flexible solutions to higher education institutions – while staying true to who we are.” 

Founded in 2018, OculusIT has established itself as the go-to partner for higher education institutions looking to modernize their digital infrastructure, streamline operations, and secure their environments against evolving cyber threats. With more than 200 institutions across the United States, OculusIT offers a broad suite of services including managed enterprise resource planning, cloud services, cybersecurity, infrastructure management, and 24×7 help desk services. Its comprehensive, high-touch model, delivered through a global workforce and anchored in responsiveness, flexibility, and measurable ROI, has positioned OculusIT as a trusted, full-service partner to institutions navigating increasing operational complexity. 

Avathon’s support will strengthen OculusIT’s go-to-market strategy, expand its leadership team, and fuel long-term, sustainable growth to meet the complex and urgent technological needs of today’s educational institutions. 

“We see a clear opportunity to build a market-leading platform in higher education IT services, where institutions face urgent and growing needs around infrastructure, security, and talent,” said Nishaad Balachandran, Principal at Avathon. “Our focus will be on strengthening OculusIT’s go-to-market engine, expanding the leadership team, and investing in capabilities that support scalable, long-term growth.” 

OculusIT is Avathon’s 16th platform investment bringing technology managed services expertise into the fold. 

Avathon Capital is a private equity firm specialized in investing in lower middle-market companies in the education and workforce markets. Avathon’s sector specialization creates compounding advantages—enabling the Firm to deeply understand its markets, identify opportunities early, and build an extensive network of industry leaders and seasoned executives. With its research-first, executive-first approach, Avathon brings decades of experience and a partnership-driven mindset to every investment, engaging with conviction and working collaboratively to drive meaningful growth. Recognized by Inc. as a Top Founder-Friendly Private Equity Firm, Avathon is committed to building enduring companies that shape the future of education and workforce. For more information visit: www.avathoncapital.com. 

OculusIT is a premier provider of managed IT, security, and enterprise application services for higher education institutions. With a 24×7 service model and global delivery capabilities, OculusIT supports more than 200 institutions with tailored solutions that help colleges and universities scale operations, reduce costs, and improve student experiences. For more information, visit: www.oculusit.com.