IT Services Acquisitions in 2014
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December 4, 2014
- Buyer
- First-Tek (First Tek, Inc.)
- Target
- iFusionIT
- Seller
- iFusionIT shareholders
- Industry
- IT Services
- Location
- Washington, United States
- Type
- Buyout
First-Tek has acquired iFusionIT, a Pacific Northwest software staffing and consulting firm, in a strategic transaction announced by ACT Capital Advisors. The sellers were iFusionIT's shareholders, and the deal expands First-Tek's staffing and consulting capabilities and presence in the Pacific Northwest.
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November 18, 2014
- Buyer
- VMware, Inc.
- Target
- MomentumSI, Inc.
- Industry
- IT Services
- Location
- Texas, United States
- Type
- Buyout
VMware, Inc. has acquired MomentumSI, Inc., an Austin-based IT consultancy specializing in cloud migration, big data, advanced architecture, and DevOps. 7 Mile Advisors acted as exclusive sell-side advisor; terms were not disclosed. The acquisition expands VMware’s cloud migration and professional services capabilities for enterprise clients.
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October 22, 2014
- Buyer
- Tectonic
- Target
- Sakonent
- Industry
- IT Services
- Location
- Illinois, United States
- Type
- Buyout
Denver-based technology and business services firm Tectonic has acquired Chicago-based CRM consultancy Sakonent. The acquisition brings Sakonent’s CRM, marketing automation and analytics expertise into Tectonic’s Insight-to-Action cloud offerings; terms were not disclosed.
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October 6, 2014
- Buyer
- Data Strategy
- Target
- Network Storage Inc.
- Industry
- IT Services
- Location
- Indiana, United States
- Type
- Buyout
Data Strategy, a Grand Rapids-based IT solutions provider, has completed the acquisition of Network Storage Inc., an Indianapolis/Louisville IT solutions firm. The deal expands Data Strategy's regional footprint across the Midwest and combines the two companies' capabilities in data center technologies, security, cloud and managed services into a single organization of nearly 100 employees headquartered in Grand Rapids.
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September 10, 2014
- Buyer
- DataArt
- Target
- AW Systems
- Industry
- IT Services
- Location
- Buenos Aires, Argentina
- Type
- Buyout
DataArt has acquired AW Systems, a web engineering and consulting firm, and will incorporate the AW Systems team into its operations. The deal enables DataArt to open a development center in Buenos Aires, expanding its global delivery footprint and front-end development and UX capabilities across its key verticals.
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- Buyer
- DCIM Solutions, LLC, Performance Tuning Corporation
- Target
- NER Data Corporation (Data Center Solutions Division)
- Seller
- NER Data Corporation
- Industry
- IT Services
- Location
- New Jersey, United States
- Type
- Divestiture
DCIM Solutions, LLC — a newly formed partnership between NER Data Corporation and Performance Tuning Corporation (PTC) — has acquired NER's Data Center Solutions Division. The carve-out will operate independently out of Glassboro, New Jersey and was structured to provide working capital to support continued solution development, expanded service support, and sales efforts.
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June 6, 2014
- Buyer
- EPAM Systems, Inc.
- Target
- GGA Software Services LLC
- Industry
- IT Services
- Location
- Massachusetts, United States
- Type
- Buyout
EPAM Systems, Inc. has acquired GGA Software Services LLC, a Cambridge-based provider of scientific informatics and software engineering services for the life sciences industry. 7 Mile Advisors served as exclusive sell-side advisor to GGA in the transaction, which expands EPAM’s capabilities in scientific informatics and life-sciences-focused software services.
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May 4, 2014
- Buyer
- Virgo Capital
- Target
- Sayers
- Industry
- IT Services
- Location
- Illinois, United States
- Type
- Recapitalization
Sayers, a Vernon Hills, Illinois–based IT solutions provider focused on data center infrastructure, enterprise security, and networking, completed a recapitalization led by private equity firm Virgo Capital. As part of the transaction Chris Callahan (previously President) was named CEO while founder Gale Sayers becomes Chairman Emeritus; the recapitalization is intended to support Sayers' next phase of growth and operational expansion.
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April 3, 2014
- Buyer
- Vology, Inc.
- Target
- Govplace SLED division
- Seller
- Govplace
- Industry
- IT Services
- Location
- California, United States
- Type
- Divestiture
Vology, a North American technology solutions provider, has acquired the Irvine, California-based state, local and education (SLED) division of Govplace. The deal expands Vology's presence and capabilities in the California public-sector market as part of its multi-year growth strategy.
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March 10, 2014
- Buyer
- EPAM Systems, Inc.
- Target
- Netsoft USA (Netsoft Holdings, LLC)
- Seller
- Netsoft Holdings, LLC
- Industry
- IT Services
- Location
- New York, United States
- Type
- Buyout
EPAM Systems, Inc. has acquired Netsoft USA (Netsoft Holdings, LLC), a New York–based technology services firm known for application development, UX design and industry-specific solutions. 7 Mile Advisors served as the exclusive sell-side advisor; the deal expands EPAM’s outsourced application development and user-experience capabilities across financial services, healthcare, distribution and life sciences markets.
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February 6, 2014
- Buyer
- D-Tech North, LLC (D-Tech Business Solutions)
- Target
- Pixel Technology Consultants, LLC
- Seller
- Pixel Technology Consultants, LLC, Maurice Golson, Max Cohen
- Industry
- IT Services
- Location
- Florida, United States
- Type
- Buyout
D-Tech North, LLC (operating as D-Tech Business Solutions) has acquired Pixel Technology Consultants, LLC, a Xerox-authorized dealer serving a contractually protected territory in central Florida. The deal combines two authorized Xerox sales partners to expand D-Tech's geographic footprint and print-management capabilities for small and medium-sized business customers in Florida.
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