IBM Acquires 7Summits from Sverica Capital Management

Arctiq Acquires Summit Partners (IT Consulting Firm)

November 19, 2024

IT Services

Arctiq has acquired Summit Partners, an IT consulting and value‑added reseller headquartered in Las Vegas, Nevada. The deal expands Arctiq’s presence across the U.S. West and bolsters its capabilities in managed security, data & AI, IT modernization, and hybrid cloud services.

IBM Acquires TruQua Enterprises

November 16, 2020

IT Services

IBM has reached a definitive agreement to acquire TruQua Enterprises, an SAP consulting partner that specializes in finance and analytics solutions. The acquisition bolsters IBM Services' SAP S/4HANA finance capabilities and supports IBM's hybrid cloud growth agenda; financial terms were not disclosed.

IBM Acquires Taos to Boost Hybrid Cloud Consulting Capability

January 14, 2021

IT Services

IBM agreed to acquire Taos, a multi-cloud consulting and managed services provider headquartered in San Jose, California, to strengthen IBM's hybrid cloud consulting, migration and managed services capabilities. Financial terms were not disclosed; the deal was announced in January 2021 (expected to close Q1 2021). Taos brings deep public-cloud partnerships (AWS, Google Cloud, Microsoft Azure) and experience across technology, financial services, healthcare, retail, transportation and education.

Sia Partners Acquires Summus Group

October 5, 2021

Consulting

Sia Partners, an international management and AI consulting firm, has acquired Summus Group, a U.S.-based management consulting firm specializing in business and technology transformation for the financial industry. The deal adds ~80 consultants and strengthens Sia Partners' East Coast presence—notably Charlotte and Atlanta—while expanding its fintech and banking capabilities in the U.S.

IBM Acquires Sentaca to Boost Hybrid Cloud and 5G Consulting

February 1, 2022

Telecommunications

IBM has acquired Sentaca, a Boston-based telecom-focused cloud consulting and professional services firm, to accelerate its hybrid cloud consulting capabilities and strengthen its telco/5G offerings. Sentaca will join IBM Consulting’s Hybrid Cloud Services to help communications service providers and media companies modernize on multiple cloud platforms and drive new revenue streams.

Summit 7 Acquires CSW Systems

October 30, 2023

Cybersecurity

Summit 7 has acquired CSW Systems to expand its classified IT managed services and compliance capabilities for Department of Defense and Intelligence Community customers. The deal brings CSW’s expertise in IL6-classified data processing and continuous compliance into Summit 7’s portfolio to enhance classified cloud and compliance offerings.