IT Services Add-on Acquisitions in 2020
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December 31, 2020
- Buyer
- New Charter Technologies, Oval Partners
- Target
- Stronghold Data
- Industry
- IT Services
- Location
- Missouri, United States
- Type
- Addon
New Charter Technologies, a platform backed by Oval Partners, has acquired Stronghold Data, an established managed services provider based in Joplin, Missouri. The deal expands New Charter's MSP footprint across Missouri, Kansas, Oklahoma and Arkansas and represents another add-on in Oval Partners’ buy-and-build strategy for New Charter.
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December 29, 2020
- Buyer
- Valeo Networks (division of Saalex Corporation)
- Target
- Etech Solutions
- Industry
- IT Services
- Location
- Iowa, United States
- Type
- Addon
Valeo Networks, a division of Saalex Corporation and national Managed Security Service Provider (MSSP), has acquired Etech Solutions, an Ankeny, Iowa-based managed service provider (MSP) and affiliate EtechASP. The acquisition establishes Valeo's first Midwest office, expands its nationwide MSSP footprint and capabilities in cybersecurity, managed services and cloud hosting; financial terms were not disclosed.
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December 21, 2020
- Buyer
- Ntiva, Inc., Southfield Capital
- Target
- Netlink Systems, Forget Computers
- Industry
- IT Services
- Location
- United States
- Type
- Addon
Ntiva, a managed IT services provider backed by Southfield Capital, has acquired Queens-based Netlink Systems and Chicago-based Forget Computers, expanding its presence in the New York metro and enhancing Apple support capabilities in the Midwest. The add-on deals increase Ntiva’s client base and broaden its service offerings in managed IT, cloud hosting and cybersecurity.
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December 18, 2020
- Buyer
- Novatech, Inc., Trivest Partners
- Target
- United Laser
- Industry
- IT Services
- Location
- South Carolina, United States
- Type
- Addon
Novatech, a nationwide Managed Office provider and a portfolio company of Trivest Partners, has acquired United Laser, a Florence, South Carolina–based managed print services provider. United Laser will operate as a division within Novatech, maintaining its headquarters and management team while expanding Novatech's managed print capabilities nationwide as an add-on to its portfolio.
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December 17, 2020
- Buyer
- ATSG
- Target
- MTM Technologies, Inc.
- Industry
- IT Services
- Location
- New York, United States
- Type
- Addon
ATSG, a PE‑backed tech‑enabled managed services and solutions company, has acquired MTM Technologies, Inc., an IT managed services provider with deep Cisco and Citrix partnerships. The acquisition expands ATSG’s national footprint and technical capabilities across datacenter, endpoint, network, and cybersecurity infrastructure, and bolsters its rediManage/rediTech/rediCloud/rediSecure offerings.
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December 15, 2020
- Buyer
- Arlington Capital Partners, Octo
- Target
- Sevatec
- Industry
- IT Services
- Location
- Virginia, United States
- Type
- Addon
Arlington Capital Partners announced a strategic combination of its portfolio company Octo with Fairfax-based Sevatec to create a larger federal IT modernization and mission-software provider. The combined firm will operate under Octo leadership, generate nearly $300 million of revenue and employ approximately 1,100 people to serve defense, intelligence, federal health and civilian customers.
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December 15, 2020
- Buyer
- T-Base Communications, Thompson Street Capital Partners
- Target
- Accessible360
- Industry
- IT Services
- Location
- Minnesota, United States
- Type
- Addon
T-Base Communications, a portfolio company of Thompson Street Capital Partners, has acquired Accessible360, a Minneapolis-based digital accessibility auditing firm. The deal combines T-Base's document accessibility and automation capabilities with Accessible360's web and digital accessibility expertise to create a broader, full-service accessibility offering for enterprise customers; terms were not disclosed.
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December 14, 2020
- Buyer
- Velosio
- Target
- BroadPoint
- Industry
- IT Services
- Location
- United States
- Type
- Addon
Velosio, a Columbus, Ohio-based Microsoft business applications and cloud solutions provider, has acquired BroadPoint, a Microsoft Gold Certified Partner that specializes in business applications for not‑for‑profits and industry verticals including manufacturing and professional services. The deal adds almost 50 sales, technical and delivery resources to Velosio, strengthening its Dynamics footprint and vertical IP in the eastern U.S.
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December 3, 2020
- Buyer
- New Charter Technologies, Oval Partners
- Target
- Olmec Systems, Inc.
- Seller
- Chris Forte, Jason Manteiga
- Industry
- IT Services
- Location
- New Jersey, United States
- Type
- Addon
New Charter Technologies, a platform backed by Oval Partners, has acquired Olmec Systems, Inc., a 34-year managed service provider that services more than 5,000 endpoints across the NJ/NYC and metro Atlanta markets. The transaction is an add-on to New Charter's roll-up of North American MSPs, allowing Olmec's owners to monetize and optionally reinvest alongside Oval Partners while remaining part of New Charter's leadership.
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December 1, 2020
- Buyer
- Logically, The Riverside Company
- Target
- Personal Computer Resources (PCR), Network Support Company (NSC), Network Guidance 2.0 (NG2)
- Industry
- IT Services
- Location
- United States
- Type
- Addon
Logically, the MSP platform backed by The Riverside Company, has acquired three add-on managed service providers: Personal Computer Resources (PCR), Network Support Company (NSC) and Network Guidance 2.0 (NG2). The transactions expand Logically's geographic footprint across the East Coast, Midwest and national accounts while broadening its service capabilities and customer reach to accelerate platform growth.
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December 1, 2020
- Buyer
- easyname GmbH, dogado group
- Target
- sprit.org
- Seller
- Jan Egger, Daniel Colakovic
- Industry
- IT Services
- Location
- Austria
- Type
- Addon
easyname GmbH, part of the dogado group (a portfolio company within European Directories / Triton III), has taken over Austrian hosting competitor sprit.org. The transaction — agreed with sprit partners Jan Egger and Daniel Colakovic — expands easyname and the dogado group's presence and competitive position in the Austrian hosting market.
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November 25, 2020
- Buyer
- Wolf Consulting, Evergreen Services Group
- Target
- Xpert Technologies
- Industry
- IT Services
- Location
- Michigan, United States
- Type
- Addon
Wolf Consulting, backed by Evergreen Services Group, has acquired Xpert Technologies, a full-service IT provider specializing in managed services, VoIP, data center services and cybersecurity. Xpert, founded in 1998 and operating primarily in the Detroit, Michigan area, will continue to operate independently while receiving support from Wolf Consulting; terms were not disclosed.
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November 13, 2020
- Buyer
- Executech, Evergreen Services Group
- Target
- USPCNET
- Industry
- IT Services
- Location
- Arizona, United States
- Type
- Addon
Executech, a Salt Lake City-based managed IT services provider backed by Evergreen Services Group, has acquired USPCNET, a Phoenix-area MSP. The add-on expands Executech's footprint into the Phoenix market and brings USPCNET employees and clients access to broader technical resources and expanded cybersecurity and cloud capabilities.
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November 11, 2020
- Buyer
- Park Place Technologies, Charlesbank Capital Partners, GTCR
- Target
- Curvature, Inc.
- Industry
- IT Services
- Location
- North Carolina, United States
- Type
- Addon
Park Place Technologies has acquired Curvature, Inc., combining the two largest third-party data center maintenance providers to create the largest global TPM provider. The deal (Park Place is a portfolio company of Charlesbank Capital Partners and GTCR) increases field-service capacity and parts inventory, expands Park Place into four international markets, and strengthens its managed services offering.
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November 10, 2020
- Buyer
- Trace3, H.I.G. Capital
- Target
- Groupware Technology
- Industry
- IT Services
- Location
- California, United States
- Type
- Addon
Trace3, an H.I.G. Capital portfolio company, has acquired Groupware Technology to expand its market presence in Northern California and Arizona and broaden its cloud, data intelligence, and data center services. Groupware will remain led locally while gaining access to Trace3's broader technology portfolio and capabilities in security, AI, and managed services.
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November 9, 2020
- Buyer
- Swizznet, Bluff Point Associates
- Target
- RightSize Solutions
- Industry
- IT Services
- Location
- Kansas, United States
- Type
- Addon
Chesterfield, Missouri-based Swizznet, a cloud-hosting and accounting-focused software provider in the Bluff Point Associates portfolio, has acquired Lenexa, Kansas-based RightSize Solutions, an outsourced IT and cybersecurity provider for independent registered investment advisers (RIAs). The deal expands Swizznet's cybersecurity, compliance and managed-technology offerings for the financial services and accounting markets as an add-on to its existing platform.
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November 9, 2020
- Buyer
- GCOM
- Target
- 20/20 Teknology
- Industry
- IT Services
- Location
- Virginia, United States
- Type
- Addon
GCOM, a provider of technology solutions for state and local governments, has acquired managed services provider 20/20 Teknology. The deal expands GCOM's capabilities in industrial-strength networks, unified and virtual communications, IT infrastructure and managed services to better serve public-sector customers; GCOM is backed by private equity firm Sagewind Capital.
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November 5, 2020
- Buyer
- Eze Castle Integration, H.I.G. Capital
- Target
- NorthOut Inc.
- Industry
- IT Services
- Location
- Massachusetts, United States
- Type
- Addon
Eze Castle Integration, a portfolio company of H.I.G. Capital, has acquired Boston-based digital transformation firm NorthOut. The acquisition expands Eze Castle's application development, digital experience design, DevOps and systems integration capabilities to accelerate its digital transformation offering for financial and professional services clients.
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November 5, 2020
- Buyer
- Navisite, Madison Dearborn Partners
- Target
- Dickinson + Associates
- Seller
- Dickinson + Associates shareholders (including founder Don Dickinson)
- Industry
- IT Services
- Location
- Illinois, United States
- Type
- Addon
Navisite has acquired Dickinson + Associates, a Chicago-based SAP systems integrator and Premier SAP Gold Partner, to expand its SAP managed cloud and professional services capabilities. The deal adds approximately 200 SAP professionals and broadens Navisite's ability to support SAP S/4HANA migrations and SAP cloud solutions for mid-market and enterprise customers.
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November 4, 2020
- Buyer
- Coretelligent, VSS Capital Partners
- Target
- Soundshore Technology Group
- Industry
- IT Services
- Location
- Connecticut, United States
- Type
- Addon
Coretelligent, a managed IT and cloud services provider (and portfolio company of VSS Capital Partners), acquired Soundshore Technology Group, a boutique managed services firm serving hedge funds, private equity, RIAs and family offices. The deal — terms not disclosed — expands Coretelligent's financial-services IT portfolio, adding Soundshore's client relationships and contributing to a combined organization of over 200 employees and 500 clients.
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November 2, 2020
- Buyer
- Belcan, LLC
- Target
- Telesis Corporation
- Industry
- IT Services
- Location
- Virginia, United States
- Type
- Addon
Belcan, a PE-backed global supplier of engineering and IT services, has acquired Telesis Corporation, a McLean, Virginia-based provider of federal IT services. The deal expands Belcan's Government IT Solutions capabilities—adding cybersecurity, C4ISR, cloud modernization and managed/IT services—and represents the 15th acquisition under Belcan's ownership by AE Industrial Partners. Terms were not disclosed.
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October 27, 2020
- Buyer
- Ntiva, Inc., Southfield Capital
- Target
- eGuard Technology Services
- Industry
- IT Services
- Location
- District of Columbia, United States
- Type
- Addon
Ntiva, a managed IT services provider backed by Southfield Capital, has acquired eGuard Technology Services, a Washington, D.C.-based managed IT and cybersecurity firm. The add-on bolsters Ntiva's presence in the DC/Baltimore market and strengthens its mid-market and enterprise security and cloud capabilities; Crestline Investors provided debt financing for the transaction.
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October 27, 2020
- Buyer
- Anexinet Corporation
- Target
- SereneIT
- Industry
- IT Services
- Location
- United States
- Type
- Addon
Anexinet Corporation, a Mill Point Capital portfolio company, has acquired SereneIT, an engineering and IT solutions firm. The deal expands Anexinet's capabilities in data centers, AI/ML, automation, cloud & hybrid IT and containerization while providing a Southeastern U.S. foothold.
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October 21, 2020
- Buyer
- Intelliteach, Boston Ventures
- Target
- Hilltop Consultants
- Industry
- IT Services
- Location
- United States
- Type
- Addon
Intelliteach, a provider of outsourcing and managed IT services for law firms, has acquired Hilltop Consultants to expand its legal managed-services capabilities, adding cybersecurity, network/infrastructure support, business continuity consulting and enterprise implementations. The deal — executed while Intelliteach is PE-backed by Boston Ventures — adds Hilltop's Philadelphia, Washington D.C. and Atlanta presences to Intelliteach's existing global footprint.
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October 21, 2020
- Buyer
- CompassMSP, LLC
- Target
- Mother Network Guardian LLC (dba MotherG)
- Industry
- IT Services
- Location
- Illinois, United States
- Type
- Addon
CompassMSP, a Jacksonville-based managed IT services provider, acquired the assets of Mother Network Guardian LLC (dba MotherG), an award-winning MSP in Chicago. The acquisition marks CompassMSP's entry into the Midwest and is an add-on to its regional platform as it plans further investments and additional acquisitions in the region.
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October 15, 2020
- Buyer
- Sabio Group, Horizon Capital
- Target
- Anana
- Industry
- IT Services
- Location
- England, United Kingdom
- Type
- Addon
Horizon Capital portfolio company Sabio Group has acquired customer experience solutions specialist Anana, adding over 100 employees and strengthening Sabio’s Genesys capabilities across the UK, South Africa and EMEA. The deal expands Sabio’s multi-vendor CX services, brings Anana’s Mission Control software into the Sabio platform, and supports the group’s buy-and-build growth strategy under Horizon Capital.
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October 13, 2020
- Buyer
- Allbridge, Marlin Equity Partners
- Target
- Ipanema Solutions
- Industry
- IT Services
- Location
- United States
- Type
- Addon
Marlin Equity Partners’ portfolio company Allbridge has acquired Ipanema Solutions and will merge the business into Allbridge to expand its hospitality technology planning and managed services capabilities. The deal strengthens Allbridge’s technology offering across hotel brands and enhances its end-to-end property lifecycle services.
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- Buyer
- Thrive, M/C Partners
- Target
- Timlin Enterprises
- Industry
- IT Services
- Location
- Massachusetts, United States
- Type
- Addon
Thrive has acquired Timlin Enterprises, a Massachusetts-based Microsoft 365/Teams/SharePoint specialist, to establish a dedicated Microsoft Collaboration Division and expand its digital transformation and collaboration capabilities. The deal — an add-on to Thrive (a platform backed by M/C Partners) — brings Timlin's engineering and consulting team and deep life sciences expertise into Thrive's NextGen managed services portfolio.
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- Buyer
- Converge Technology Solutions Corp.
- Target
- Unique Digital Technology, Inc.
- Industry
- IT Services
- Location
- Texas, United States
- Type
- Addon
Converge Technology Solutions Corp. acquired Unique Digital Technology, Inc., a Texas-based IT solutions provider specializing in cloud architecture, data protection, networking, security, and virtualization. The acquisition expands Converge's US footprint in Texas and strengthens its VMware and hybrid IT capabilities while retaining Unique Digital's existing management team.
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September 30, 2020
- Buyer
- Motus
- Target
- Vision Wireless, LLC
- Industry
- IT Services
- Location
- Georgia, United States
- Type
- Addon
Motus, a Boston-based provider of mobile workforce reimbursement and management solutions, has acquired Augusta, Georgia–based Vision Wireless, a telecom expense management (TEM) and managed mobility services (MMS) provider. The acquisition expands Motus's mobile device and remote work offerings by adding Vision Wireless's TEM/MMS capabilities and customer relationships with large enterprise clients.
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September 29, 2020
- Buyer
- NexusTek, Abry Partners
- Target
- Symmetrix Solutions
- Industry
- IT Services
- Location
- Colorado, United States
- Type
- Addon
NexusTek, a national managed IT services provider backed by Abry Partners, has acquired Denver-based Symmetrix Solutions. The add-on strengthens NexusTek’s upmarket IT services, cloud and cybersecurity capabilities and expands its presence in the Denver/Rocky Mountain region.
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September 22, 2020
- Buyer
- Computer Design & Integration LLC (CDI LLC), One Equity Partners
- Target
- P5 Solutions, Inc.
- Industry
- IT Services
- Location
- Virginia, United States
- Type
- Addon
Computer Design & Integration LLC (CDI), a ServiceNow Elite partner backed by One Equity Partners, has acquired P5 Solutions, Inc., a fast-growing ServiceNow Elite partner based in Reston, Virginia. The add-on expands CDI's ServiceNow service delivery capabilities, offshore delivery model and geographic sales reach; financial terms were not disclosed.
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September 10, 2020
- Buyer
- Eze Castle Integration, H.I.G. Capital
- Target
- Alphaserve Technologies
- Industry
- IT Services
- Location
- New York, United States
- Type
- Addon
Eze Castle Integration, an H.I.G. Capital portfolio company, has acquired Alphaserve Technologies, a New York–headquartered provider of managed infrastructure and digital IT services for financial and professional services firms. The deal expands Eze Castle’s service offering, talent pool and global delivery capabilities to better support clients’ digital transformation and security needs.
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September 1, 2020
- Buyer
- FirstLight
- Target
- TruePath Technologies
- Industry
- IT Services
- Location
- New York, United States
- Type
- Addon
FirstLight has completed its acquisition of TruePath Technologies, adding TruePath's network and enterprise monitoring capabilities to FirstLight's managed services portfolio. The deal, an add-on to FirstLight (which is PE-backed by Antin Infrastructure Partners), is intended to expand FirstLight's managed monitoring and enterprise monitoring offerings for its carrier and enterprise customers across the Northeast and mid‑Atlantic.
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September 1, 2020
- Buyer
- Arrow Business Communications Limited, MML Capital Partners LLP
- Target
- Click Networks Limited
- Industry
- IT Services
- Location
- Scotland, United Kingdom
- Type
- Addon
Arrow Business Communications, backed by MML Capital Partners, has acquired Click Networks Limited, a Glasgow-based provider of cloud and managed IT services. The deal expands Arrow's Microsoft cloud, security and managed services capability across England and Scotland and is the third acquisition since MML's investment in Arrow.
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- Buyer
- The Acacia Group
- Target
- TradeHelm
- Industry
- IT Services
- Location
- Argentina
- Type
- Addon
The Acacia Group, a Washington, D.C.-based private equity firm, has acquired TradeHelm, an Argentina-based software development, DevOps and technology managed services provider with more than 300 employees. The deal creates a nearshore center of excellence to expand development and DevOps capacity for Acacia portfolio companies—working closely with portfolio company Highmetric—and positions Acacia to deliver more cost-effective, agile delivery to commercial clients.
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August 25, 2020
- Buyer
- Dynamic Quest, Spire Capital
- Target
- Southern Data Solutions
- Industry
- IT Services
- Location
- Georgia, United States
- Type
- Addon
Spire Capital-backed Dynamic Quest has acquired Southern Data Solutions (SDS), an Atlanta-based managed services provider, as an add-on to expand its presence in the Southeastern United States. SDS’s team will join Dynamic Quest, bringing ~75% recurring revenue and capabilities in managed IT, disaster recovery and hosting to enable cross-selling and accelerate growth in Georgia.
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August 24, 2020
- Buyer
- Core BTS, Tailwind Capital
- Target
- Blue Chip Consulting Group
- Industry
- IT Services
- Location
- North Carolina, United States
- Type
- Addon
Core BTS, a Tailwind Capital portfolio company, has acquired Blue Chip Consulting Group, a Microsoft-focused cloud consulting and managed services firm. The acquisition expands Core BTS' Azure capabilities and scales its Modern Workplace and Security practice, with Blue Chip CEO Jim Peelman leading the combined Microsoft practice.
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August 21, 2020
- Buyer
- Prime Technology Group
- Target
- Lighthouse Software Solutions
- Industry
- IT Services
- Location
- Virginia, United States
- Type
- Addon
Prime Technology Group, a Frontenac-backed IT solutions provider based in Wayne, Pennsylvania, has acquired Lighthouse Software Solutions, a custom application development firm specializing in legacy support, modernization and integration services primarily for the financial services industry. The Lighthouse management team, including founder Tim Michalski, will remain with Prime as the combined company looks to deepen vertical expertise and broaden application development and managed services capabilities.
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- Buyer
- Improving
- Target
- Object Partners
- Industry
- IT Services
- Location
- Minnesota, United States
- Type
- Addon
Improving, a Dallas-based technology consulting firm backed by Trinity Hunt Partners, has acquired Object Partners, a custom software development company headquartered in Minneapolis. The deal positions Improving to expand its Midwest presence and deepen its healthcare and enterprise software delivery capabilities, increasing Improving's annualized revenue and service capacity.
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August 11, 2020
- Buyer
- NetNordic Group, Norvestor
- Target
- Bolero AB
- Seller
- Management shareholders of Bolero (including CEO Erland Fristedt)
- Industry
- IT Services
- Location
- Stockholm County, Sweden
- Type
- Addon
NetNordic Group, majority owned by Norvestor, has acquired Bolero AB, a Swedish provider of cloud, cybersecurity, analytics, network and data centre services. The add-on deal expands NetNordic's competence and capacity in Sweden; Bolero (80 employees, SEK 270 million revenue last fiscal year) will have its management shareholders reinvesting and continue to operate within the NetNordic platform.
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August 6, 2020
- Buyer
- Presidio, Inc.
- Target
- Coda Global
- Industry
- IT Services
- Location
- Texas, United States
- Type
- Addon
Presidio, a North American IT solutions provider, has acquired Coda Global to strengthen its cloud consulting and cloud-native application capabilities. The deal brings Coda's expertise in cloud migration, DevOps, big data enablement and machine learning into Presidio's broader cloud, security and digital infrastructure portfolio to accelerate clients' cloud-native transformations.
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August 4, 2020
- Buyer
- EverWatch, Enlightenment Capital, Stellus Capital Management
- Target
- BrainTrust
- Industry
- IT Services
- Location
- Maryland, United States
- Type
- Addon
EverWatch, an Enlightenment Capital portfolio company, has acquired BrainTrust, an Annapolis Junction-based software and cloud engineering firm that provides software engineering, machine learning, systems engineering and cybersecurity services to U.S. intelligence and defense customers. BrainTrust will be merged into EverWatch's Columbia office, its founders will join EverWatch leadership, and Stellus Capital provided unitranche financing and an equity co-investment to support the transaction.
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August 3, 2020
- Buyer
- DSP
- Target
- Explorer UK
- Industry
- IT Services
- Location
- England, United Kingdom
- Type
- Addon
DSP, a UK database management and cloud services provider backed by YFM Equity Partners, has acquired Explorer UK to create one of the largest independent Oracle partners in the United Kingdom. The deal broadens DSP's database and infrastructure consultancy and managed-services capabilities, with Explorer’s MD joining the DSP board and DSP’s CEO becoming Group CEO.
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July 20, 2020
- Buyer
- Dynamic Quest, Spire Capital
- Target
- Nexxtep Technology Services
- Industry
- IT Services
- Location
- Georgia, United States
- Type
- Addon
Dynamic Quest, a Spire Capital‑backed managed service provider, has acquired Nexxtep Technology Services, a Valdosta, Georgia‑based MSP. The add‑on expands Dynamic Quest's presence in Georgia and Florida, increases recurring revenue base, and enables cross‑selling of additional IT and cloud services.
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July 16, 2020
- Buyer
- Highmetric, The Acacia Group
- Target
- Vorto
- Industry
- IT Services
- Location
- United Kingdom
- Type
- Addon
Highmetric, backed by The Acacia Group, has acquired Vorto, a UK-based team of ServiceNow specialists with expertise in the financial services sector. The acquisition expands Highmetric's technical delivery capability and adds proprietary Now Platform products (CodeWorks and PatchWorks) to strengthen its ServiceNow offering for enterprise clients.
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- Buyer
- Computer Design & Integration LLC (CDI LLC), One Equity Partners
- Target
- Plan B Technologies, Inc.
- Industry
- IT Services
- Location
- Maryland, United States
- Type
- Addon
Computer Design & Integration LLC (CDI), a PE-backed IT infrastructure and managed services provider, has acquired Plan B Technologies, Inc., an Annapolis-based IT solutions and professional services firm. Backed by One Equity Partners, the acquisition is an add-on to CDI's growth strategy to expand service capabilities (notably virtualization and cloud/backup solutions) and extend sales reach across the eastern U.S.; financial terms were not disclosed.
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July 6, 2020
- Buyer
- Sabio Group, Horizon Capital
- Target
- Coverage Group
- Industry
- IT Services
- Location
- Île-de-France, France
- Type
- Addon
Horizon-backed Sabio Group has acquired Coverage Group, a Paris-based provider of customer experience and communications technology solutions. The add-on expands Sabio's presence in France, strengthens its Genesys and Avaya capabilities, and brings Coverage Group's customers and network operations capabilities into the Sabio platform.
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- Buyer
- CSI Group
- Target
- APSU Inc.
- Industry
- IT Services
- Location
- Tennessee, United States
- Type
- Addon
MML-backed CSI Group has acquired APSU Inc., a Tennessee-based managed-services provider specializing in IBM Power and IBM i cloud/platform services. The deal expands CSI's North American presence and strengthens its technical capabilities for mission-critical hybrid and multi-cloud IBM workloads.
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June 18, 2020
- Buyer
- Improving
- Target
- iTexico
- Industry
- IT Services
- Location
- Texas, United States
- Type
- Addon
Improving, a PE-backed technology consulting firm, has merged with Austin-headquartered nearshore software provider iTexico. The transaction adds more than 300 professionals and creates a combined business with annualized revenue in excess of $115 million, expanding Improving's nearshore delivery capabilities in Mexico and local presence in Austin, Texas.
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