IT Services Acquisitions in Illinois
Illinois IT Services Deal Themes
Illinois IT services acquisitions span advisory and implementation firms, managed services providers, and consultancies focused on major enterprise platforms. Recent deals feature buyers investing in delivery capacity—often tying acquisitions to scaled modernization work, cloud migrations, and data/AI enablement.
Across the transactions, Salesforce, SAP, Workday, and related modernization roadmaps show up repeatedly, alongside managed IT/security and industry-focused service expansion. Chicago and broader Illinois locations are common, reflecting a practical footprint for enterprise clients and growing service teams.
Private equity and platform builders also appear frequently, including growth investments, add-ons, and recapitalizations intended to expand service capabilities and accelerate execution. Examples include Concentric Equity Partners buying Aleysian, Protera acquiring Redfig, and Insight Enterprises acquiring Inspire11 to expand solutions-integration and delivery capabilities.
What Stands Out
- Platform expertise shows up often: Salesforce implementation/advisory (Aleysian, Neocol), SAP transformation (Redfig), and Workday deployment/pro services (TopBloc).
- Modernization and automation are recurring deal rationales: enterprise IT modernization tied to cloud migration, SAP modernization, and AI automation (Redfig) and AI-focused delivery (Inspire11).
- Managed services/security expansion appears across add-ons and growth: managed IT and managed security services (Sentinel Technologies) and deeper managed-IT capabilities in post-acute/senior living (ProviNET Solutions).
- Chicago-centric footprint with Illinois reach: several targets are Chicago-based, with additional Illinois markets mentioned in individual deals (for example, ProviNET Solutions in Tinley Park).
- PE-backed scaling is a common structure: multiple investors (e.g., Pamlico Capital, Court Square Capital Partners, Riata Capital Group, Shamrock Capital) fund growth, reinvest, or lead recapitalizations alongside operating teams.
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- Buyer
- Ares Management, Leonard Green & Partners, Vintage Strategies (Goldman Sachs Alternatives), Harvest Partners
- Target
- Convergint Technologies
- Industry
- IT Services
- Location
- Illinois, United States
- Type
- Recapitalization
Ares Management has closed an $850 million single-asset continuation vehicle for Convergint Technologies, extending its long-running investment in the global, technology-enabled security and safety solutions systems integrator. Leonard Green & Partners led and fully underwrote the Sage Fund continuation vehicle, while Ares also made a substantial new investment, maintaining shared control alongside existing co-sponsors.
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February 4, 2026
- Buyer
- Concentric Equity Partners
- Target
- Aleysian
- Industry
- IT Services
- Location
- Illinois, United States
- Type
- Buyout
Concentric Equity Partners, a Chicago-based private investment firm, has acquired Aleysian, a Salesforce implementation and advisory firm. As part of the transaction Aleysian named Jon Klinepeter as CEO and moved former CEO Dustin Ward into the COO role to support scaled delivery and accelerated investments in Salesforce capabilities.
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- Buyer
- Leidos
- Target
- ENTRUST Solutions Group, ENTRUST Solutions Group (ENTRUST)
- Seller
- Kohlberg & Company, Neuberger Berman Capital Solutions (minority investor), Neuberger Berman Private Markets (funds managed by Neuberger)
- Industry
- IT Services
- Location
- Illinois, United States
- Type
- Buyout
Leidos has signed a definitive agreement to acquire ENTRUST Solutions Group for approximately $2.4 billion in an all-cash transaction. The deal is intended to expand Leidos’ position in utility engineering and to enter utility gas and electric generation infrastructure markets, complementing ENTRUST’s consulting and engineering services for utilities.
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- Buyer
- Protera
- Target
- Redfig
- Industry
- IT Services
- Location
- Illinois, United States
- Type
- Buyout
Protera has acquired Redfig, an SAP-focused business transformation firm, to broaden its enterprise IT modernization, SAP BTP and AI automation capabilities. The deal strengthens Protera's delivery offerings across cloud migration, SAP modernization, intelligent workflows and end-to-end data integration to better support enterprise customers pursuing AI-driven transformation.
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December 17, 2025
- Buyer
- Court Square Capital Partners, Pamlico Capital
- Target
- AVANT
- Industry
- IT Services
- Location
- Illinois, United States
- Type
- Growth capital
AVANT, a Chicago-based technology services distributor and sales-enablement platform for Trusted Advisors, received a strategic growth investment from Court Square Capital Partners with a reinvestment from existing partner Pamlico Capital. The founders and executive leadership retain significant ownership and will continue to run the business as the new capital will be used to scale AVANT's platform, capabilities, and support continued growth initiatives.
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November 13, 2025
- Buyer
- Cognizant
- Target
- 3Cloud
- Seller
- Gryphon Investors
- Industry
- IT Services
- Location
- Illinois, United States
- Type
- Buyout
Cognizant has entered into a definitive agreement to acquire 3Cloud, an independent Microsoft Azure services provider and Azure-dedicated AI enablement solutions company. The deal is expected to close in the first quarter of 2026, subject to regulatory approvals and customary closing conditions.
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November 3, 2025
- Buyer
- Tenex Capital Management
- Target
- Sentinel Technologies
- Industry
- IT Services
- Location
- Illinois, United States
- Type
- Growth capital
Tenex Capital Management has made a growth investment in Sentinel Technologies, a Chicago-based provider of IT solutions, managed services, and managed security services. The investment closed on November 3, 2025; Sentinel, which employs nearly 700 people, will use the capital to accelerate growth and expand its service capabilities across education, healthcare, government, financial services, and other end markets.
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October 29, 2025
- Buyer
- Platinum Equity
- Target
- Anuvu
- Industry
- IT Services
- Location
- Illinois, United States
- Type
- Buyout
Platinum Equity completed its acquisition of Anuvu, a provider of in-flight entertainment and high-speed connectivity solutions for mobility markets. The deal was previously announced in August 2025 and supports Anuvu’s next chapter of growth and technological innovation, though financial terms were not disclosed.
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October 1, 2025
- Buyer
- Insight Enterprises, Inc.
- Target
- Inspire11 LLC
- Seller
- Keystone Capital Management, LP
- Industry
- IT Services
- Location
- Illinois, United States
- Type
- Buyout
Insight Enterprises, Inc. has acquired Inspire11 LLC, a Chicago-based AI-focused business transformation and technology delivery firm, from Keystone Capital Management. The acquisition expands Insight's Solutions Integrator capabilities in data, AI and custom technology delivery; terms were not disclosed.
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- Buyer
- Integrated Health Systems, Traverse Pointe Partners
- Target
- ProviNET Solutions
- Industry
- IT Services
- Location
- Illinois, United States
- Type
- Addon
Integrated Health Systems, a portfolio company of Traverse Pointe Partners, has acquired ProviNET Solutions, a Tinley Park, Illinois-based IT solutions and managed services provider serving senior living and broader commercial customers. The add-on transaction closed on August 29, 2025 (terms undisclosed) and is intended to deepen managed‑IT capabilities and scale in the post‑acute/senior living market.
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August 20, 2025
- Buyer
- Riata Capital Group
- Target
- COEO Solutions
- Seller
- Founder and CEO Eric Wince, President Frank Ruffolo, COEO management team
- Industry
- IT Services
- Location
- Illinois, United States
- Type
- Recapitalization
Riata Capital Group led a recapitalization of COEO Solutions alongside Founder & CEO Eric Wince, President Frank Ruffolo, and the company's management team. The investment will support COEO's accelerated expansion of its managed network and cloud communications offerings for small- and mid-sized multi-location enterprises and enable organic growth as well as strategic add-on activity.
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- Buyer
- Improving
- Target
- DragonSpears
- Industry
- IT Services
- Location
- Illinois, United States
- Type
- Addon
Improving has acquired DragonSpears, a Chicago-based custom software development and DevOps consultancy, to bolster its Midwest presence and increase annualized revenue above $285 million. DragonSpears' leadership will remain in place and the business will operate within Improving's portfolio; Improving is partnered with private equity firm Trinity Hunt Partners.
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May 7, 2025
- Buyer
- Shamrock Capital Clover Fund I, LP (Clover Fund)
- Target
- Neocol
- Industry
- IT Services
- Location
- Illinois, United States
- Type
- Growth capital
Shamrock Capital (via its newly launched Clover Fund) has made a growth investment in Neocol, a Chicago-based Salesforce and AI-driven sales consulting and services firm. Salesforce Ventures, an existing investor since 2023, will remain a shareholder as Shamrock partners with Neocol to support organic and inorganic growth initiatives.
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- Buyer
- Aker Business, Inc.
- Target
- Elarasys Worldwide, LLC, IT Hardware Plus, LLC
- Industry
- IT Services
- Location
- Illinois, United States
- Type
- Buyout
Aker Business, Inc. acquired Elarasys Worldwide, LLC and IT Hardware Plus, LLC, both Elgin, Illinois-based providers of IT hardware, resale/refurbishment and infrastructure services. The transaction, announced by Generational Group, closed on May 6, 2025 and expands Aker Business’s platform in IT services and technology infrastructure solutions.
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April 1, 2025
- Buyer
- DecisionPoint Technologies
- Target
- Imprint Enterprises
- Industry
- IT Services
- Location
- Illinois, United States
- Type
- Buyout
DecisionPoint Technologies has acquired Imprint Enterprises, a family-owned provider of custom barcode labels, ribbons, and related consumables, to expand its consumables portfolio and Midwest operations. The acquisition strengthens DecisionPoint's barcode, RFID and printing capabilities and adds locations in Chicago/Aurora and Minneapolis to support customers in retail, supply chain, manufacturing and healthcare across North America.
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April 1, 2025
- Buyer
- Comcast Business
- Target
- Nitel
- Seller
- Cinven
- Industry
- IT Services
- Location
- Illinois, United States
- Type
- Buyout
Comcast Business completed its acquisition of Nitel, a Chicago-headquartered U.S. managed services provider, expanding Comcast Business’ enterprise connectivity and secure networking capabilities. Comcast Business acquired Nitel from international private equity firm Cinven to strengthen its offerings in network, cloud, and cybersecurity solutions for mid-size enterprise clients.
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January 30, 2025
- Buyer
- TA Associates
- Target
- Brycer
- Industry
- IT Services
- Location
- Illinois, United States
- Type
- Growth capital
Brycer, a provider of inspection, testing and maintenance (ITM) compliance software and services, announced a strategic growth investment from TA Associates. The funding is intended to accelerate Brycer’s growth by enhancing its technology platform, increasing staff, pursuing strategic M&A, and expanding its service offerings across North America.
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January 16, 2025
- Buyer
- IBM
- Target
- Applications Software Technology LLC
- Seller
- Recognize Partners LP (funds managed by)
- Industry
- IT Services
- Location
- Illinois, United States
- Type
- Buyout
IBM announced its intent to acquire Applications Software Technology LLC, a global Oracle consultancy focused on Oracle Cloud Applications transformations, including public sector clients. The acquisition is expected to close in the first quarter of 2025, subject to customary closing conditions and regulatory approvals, and financial terms were not disclosed.
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- Buyer
- Bounteous, New Mountain Capital
- Target
- Accolite, Bounteous
- Industry
- IT Services
- Location
- Illinois, United States
- Type
- Addon
Bounteous and Accolite have merged to form a combined digital transformation services consultancy that will operate globally under the Bounteous brand, backed by New Mountain Capital. The combined company is based in Chicago, will be roughly 5,000 employees strong across the Americas, EMEA and APAC, and expands capabilities across digital engineering, cloud, data & AI, experience design and commerce.
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January 7, 2025
- Buyer
- ACP CreativIT
- Target
- Mindsight
- Industry
- IT Services
- Location
- Illinois, United States
- Type
- Buyout
ACP CreativIT has acquired Mindsight, a Downers Grove, Illinois-based IT consulting firm known for Cisco expertise, cloud services, cybersecurity, and managed services. The deal expands ACP CreativIT’s Midwest footprint and technical capabilities by adding Mindsight’s team of over 50 professionals and strengthening managed services, cloud and security offerings for mid-market clients.
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November 13, 2024
- Buyer
- Apax Partners LLP (affiliates of certain investment funds advised by Apax Funds)
- Target
- Thoughtworks
- Seller
- Thoughtworks stockholders
- Industry
- IT Services
- Location
- Illinois, United States
- Type
- Buyout
Apax Partners’ funds completed the acquisition of Thoughtworks for approximately $1.75 billion, taking the company private at $4.40 per share (a 48% premium to the 30‑day VWAP). Thoughtworks will no longer trade on NASDAQ and will operate as a privately held company as it focuses on long‑term strategy and expanding its AI‑enabled software and data engineering services.
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November 1, 2024
- Buyer
- Cyber Advisors
- Target
- eDot
- Industry
- IT Services
- Location
- Illinois, United States
- Type
- Buyout
Cyber Advisors, a Minnesota-based cybersecurity and managed IT provider, has acquired eDot, a Schaumburg, Illinois-based managed service provider. The deal expands Cyber Advisors' Midwest footprint (Chicago and Southern Wisconsin) and strengthens its managed IT and cybersecurity capabilities for small and mid-sized business clients.
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October 24, 2024
- Buyer
- Egen, Recognize
- Target
- Qarik
- Industry
- IT Services
- Location
- Illinois, United States
- Type
- Addon
Egen, a Recognize portfolio company, has acquired Qarik, a Google Cloud Premier Partner, to deepen its cloud, data and AI capabilities and accelerate client digital transformations. The combined business will operate under the Egen brand, with Joe Schenk (founder of Qarik) becoming Chief Client Officer and the enlarged team providing expanded Google Cloud expertise across multiple industries.
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October 18, 2024
- Buyer
- Xerox Holdings Corporation, GenNx360 Capital Partners
- Target
- ITsavvy LLC
- Seller
- GenNx360 Capital Partners
- Industry
- IT Services
- Location
- Illinois, United States
- Type
- Buyout
Xerox Holdings agreed to acquire ITsavvy, an Oak Brook, Illinois-based provider of integrated IT infrastructure solutions and services, for $400 million (including $180 million cash and $220 million in secured promissory notes). The deal was expected to close in Q4 2024 and is described as subject to customary regulatory approvals/clearance until completion.
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August 2, 2024
- Buyer
- n2 Group
- Target
- BioTeam
- Industry
- IT Services
- Location
- Illinois, United States
- Type
- Buyout
n2 Group, the parent company of NAG, has acquired BioTeam, a life sciences and healthcare scientific computing consultancy. BioTeam will operate as an independent business within n2 Group, maintaining its brand while gaining access to group-level support and collaboration with other n2 companies to expand computing capabilities for biotech, pharma, government and academic clients.
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- Buyer
- ServicePoint, Mill Point Capital LLC
- Target
- High Wire Networks Inc. Technology Services Division (HWTS)
- Seller
- High Wire Networks Inc.
- Industry
- IT Services
- Location
- Illinois, United States
- Type
- Addon
ServicePoint, a portfolio company of Mill Point Capital, has completed the carve-out acquisition of High Wire Networks Inc.'s Technology Services Division (HWTS). The add-on expands ServicePoint's channel-focused service capabilities, diversifies its customer base, and strengthens its multi-site deployment, networking and cabling service delivery.
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May 20, 2024
- Buyer
- TechTorch
- Target
- AstuteForce
- Industry
- IT Services
- Location
- Illinois, United States
- Type
- Buyout
TechTorch has acquired AstuteForce, a Salesforce-focused services firm, to strengthen its Salesforce capabilities and expand its Commercial Excellence practice. Hemant Jain, former CEO of AstuteForce, will become President of TechTorch's Commercial Excellence practice as the firms integrate Salesforce, CPQ, and commercial operations expertise with TechTorch’s AI-driven accelerators.
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- Buyer
- Evergreen, Pine Services Group
- Target
- Solution Systems, Inc.
- Seller
- David Zirin, Stu Zirin
- Industry
- IT Services
- Location
- Illinois, United States
- Type
- Addon
Evergreen, via its ERP branch Pine Services Group, acquired Solution Systems, Inc. (SSI), a Microsoft Gold Partner and long-running Microsoft Dynamics implementer. SSI will operate independently under Evergreen's "forever hold" model and join Pine Services Group to scale Evergreen's presence in the Microsoft Dynamics channel; financial terms were not disclosed.
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April 16, 2024
- Buyer
- ReachOut Technology
- Target
- Singer Networks LLC
- Seller
- Lisa Singer
- Industry
- IT Services
- Location
- Illinois, United States
- Type
- Buyout
ReachOut Technology, a Mokena, Illinois-based IT services and cybersecurity firm, has acquired Singer Networks LLC, a Skokie, Illinois–based MSP specializing in healthcare IT. Financial terms were not disclosed; the deal expands ReachOut’s presence in healthcare-focused IT and cybersecurity services and brings Singer Networks’ founder Lisa Singer into the ReachOut organization.
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April 3, 2024
- Buyer
- ServicePoint, Mill Point Capital LLC
- Target
- SmartSource LLC
- Industry
- IT Services
- Location
- Illinois, United States
- Type
- Addon
ServicePoint, a portfolio company of Mill Point Capital, has acquired SmartSource LLC, a St. Charles, Illinois-based provider of IT staffing, multi-site deployment and technical solutions. The add-on expands ServicePoint's service capabilities, customer reach and operational scale across its U.S. footprint while SmartSource's founders and management will remain to continue growth.
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H.I.G. Capital to Acquire Alight’s Payroll and Professional Services Business for Up to $1.2 BillionMarch 21, 2024
- Buyer
- H.I.G. Capital (affiliate of H.I.G. Capital)
- Target
- Alight, Inc. — Payroll and Professional Services Business
- Seller
- Alight, Inc.
- Industry
- IT Services
- Location
- Illinois, United States
- Type
- Buyout
H.I.G. Capital announced that an affiliate has signed a definitive agreement to acquire Alight, Inc.’s Payroll and Professional Services Business for up to $1.2 billion. The transaction is expected to close by mid-year and is structured as $1 billion in cash plus up to $200 million in seller notes, subject to customary closing conditions.
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February 29, 2024
- Buyer
- Summit
- Target
- Deft
- Industry
- IT Services
- Location
- Illinois, United States
- Type
- Addon
Summit, a leading cloud hosting provider backed by Silver Oak Services Partners, has acquired Deft (formerly ServerCentral), a managed data center and cloud services provider. The deal adds Deft's colocation, data center footprint and network services to Summit's cloud hosting platform while Deft founders join Summit's leadership and retain significant ownership.
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December 20, 2023
- Buyer
- Ntiva, Inc.
- Target
- Middleground Technologies
- Industry
- IT Services
- Location
- Illinois, United States
- Type
- Buyout
Ntiva, Inc. has acquired Middleground Technologies, a Chicago-based provider of IT solutions founded in 2010 by Isaac Sajjad and Sagar Pandya. The deal expands Ntiva's Midwest footprint and bolsters its managed IT, cybersecurity, and cloud service capabilities for its nationwide client base.
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November 2, 2023
- Buyer
- Accenture
- Target
- The Shelby Group
- Seller
- WestView Capital Partners
- Industry
- IT Services
- Location
- Illinois, United States
- Type
- Buyout
Accenture has acquired The Shelby Group, a Schaumburg, Illinois-based procurement technology consultancy, to expand its sourcing and procurement transformation capabilities. The Shelby Group's ~172 sales and delivery professionals will join Accenture's Connected Solutions group; financial terms were not disclosed and WestView Capital Partners completed the sale.
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September 25, 2023
- Buyer
- KaarTech
- Target
- Dunn Solutions Group Inc.
- Industry
- IT Services
- Location
- Illinois, United States
- Type
- Buyout
KaarTech, a global digital transformation and SAP-focused consulting firm, has acquired Dunn Solutions Group Inc., a Chicago-based digital commerce and customer experience consultancy. The deal expands KaarTech's customer experience and digital commerce capabilities and extends its geographic footprint in the United States and India; the transaction was facilitated by Eiliant Advisors.
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August 14, 2023
- Buyer
- Hero Digital, AEA Investors
- Target
- Avionos
- Industry
- IT Services
- Location
- Illinois, United States
- Type
- Addon
Hero Digital, a customer experience transformation company and portfolio company of AEA Investors, has acquired Avionos, a Chicago-based digital technology consultancy specializing in Salesforce and Adobe B2B commerce and marketing. The acquisition combines Hero Digital's strategy, creative, marketing, and technology capabilities with Avionos' technical expertise to create a stronger digital experience and commerce practice; Hero Digital will move its headquarters to Chicago. Canaccord Genuity served as exclusive financial advisor to Avionos.
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July 12, 2023
- Buyer
- Evergreen Services Group
- Target
- Western Computer
- Industry
- IT Services
- Location
- Illinois, United States
- Type
- Addon
Evergreen Services Group has acquired Western Computer, a Microsoft Gold Cloud partner and reseller of Microsoft Dynamics 365, CRM, and ERP systems. Western Computer will operate independently inside Evergreen’s ERP partner portfolio while its president Linda Collins retires and CEO Tom Bardos leads a transition to a new CEO as part of the integration and growth plan.
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June 5, 2023
- Buyer
- AHEAD, Berkshire Partners
- Target
- MBX Systems
- Industry
- IT Services
- Location
- Illinois, United States
- Type
- Addon
AHEAD has acquired MBX Systems, an integrator of custom hardware platforms and provider of the Hatch supply chain orchestration software, to expand its edge and hyperscale infrastructure capabilities. The deal adds MBX’s engineering, manufacturing and global logistics capabilities (including a 120,000 sq. ft. integration and logistics center) to AHEAD’s enterprise cloud and digital platforms; AHEAD is PE-backed by Berkshire Partners.
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April 18, 2023
- Buyer
- Transaction Network Services (TNS)
- Target
- BornTec (managed hosting and colocation business)
- Seller
- BornTec
- Industry
- IT Services
- Location
- Illinois, United States
- Type
- Divestiture
Transaction Network Services (TNS) acquired BornTec's managed hosting and colocation business to expand TNS' global connectivity and low-latency trading infrastructure capabilities. BornTec said the divestiture lets it focus on its CrossCheck trading data analytics platform; the transaction closed on March 21, 2023.
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February 13, 2023
- Buyer
- ITsavvy LLC, GenNx360 Capital Partners
- Target
- INOC LLC
- Industry
- IT Services
- Location
- Illinois, United States
- Type
- Addon
ITsavvy, a GenNx360 portfolio company, has acquired INOC LLC, a Northbrook-based provider of 24x7 Network Operations Center (NOC) services and NOC consulting. The acquisition adds INOC's AIOps-enabled NOC capabilities and ~200 employees to ITsavvy, strengthening the platform's Intelligent Edge, multi-cloud, and managed services offerings.
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February 10, 2023
- Buyer
- Fresche Solutions, American Pacific Group
- Target
- Silveredge Consulting
- Industry
- IT Services
- Location
- Illinois, United States
- Type
- Addon
Fresche Solutions has acquired Silveredge Consulting to expand its IBM i (AS/400, iSeries) application support, ERP and legacy application development capabilities. Silveredge will become a business unit of Fresche, continue operating under its current name and its Chicago-area office will be assumed by Fresche; the deal is supported by Fresche's private equity backer, American Pacific Group.
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February 9, 2023
- Buyer
- HR Path
- Target
- Terra Information Group
- Industry
- IT Services
- Location
- Illinois, United States
- Type
- Addon
HR Path announced the merger/acquisition of United States-based Terra Information Group (TIG) to strengthen its North American presence and HR technology capabilities. TIG is an SAP HCM / SuccessFactors-focused systems integrator that will join HR Path’s global group, bringing ~100+ employees and end-to-end implementation, support and staff-augmentation services.
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February 8, 2023
- Buyer
- ThoughtFocus, Inc., H.I.G. Capital
- Target
- BreakFree Solutions, LLC
- Industry
- IT Services
- Location
- Illinois, United States
- Type
- Addon
ThoughtFocus, an H.I.G. Capital portfolio company, has acquired Chicago-based BreakFree Solutions to expand its digital services capabilities. The deal adds BreakFree's DevOps, cloud enablement, and agile development expertise to ThoughtFocus' financial-services-focused technology services platform as an add-on acquisition.
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February 1, 2023
- Buyer
- AppDirect
- Target
- TBI
- Industry
- IT Services
- Location
- Illinois, United States
- Type
- Buyout
AppDirect has acquired TBI, a North American technology services aggregator and advisor enablement business. The deal brings TBI’s advisor network, training programs and back‑office engineering support onto the AppDirect marketplace to expand its advisor base, broaden its catalog of technology solutions and enhance enablement and operational support for advisors and end customers.
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December 8, 2022
- Buyer
- Hinduja Global Solutions Limited (HGS)
- Target
- TekLink International, Inc., uKnowva
- Seller
- Convergence IT Services Ltd
- Industry
- IT Services
- Location
- Illinois, United States
- Type
- Buyout
Hinduja Global Solutions Limited (HGS) has agreed to acquire 100% of TekLink International, Inc. for US$58.8 million (subject to earnouts and adjustments) and has signed a non-binding LOI to acquire uKnowva, a cloud-based HRMS product business from Convergence IT Services Ltd. The deals expand HGS's digital capabilities across data & analytics, financial planning, and HR technology, and will add roughly 275 TekLink professionals and 75+ uKnowva employees to HGS's digital bench.
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October 11, 2022
- Buyer
- Perficient
- Target
- Ameex Technologies Corporation
- Industry
- IT Services
- Location
- Illinois, United States
- Type
- Buyout
Perficient (Nasdaq: PRFT) has acquired Ameex Technologies Corporation, an approximately $19 million revenue digital experience consultancy headquartered in Schaumburg, Illinois with offshore operations in Chennai, India. The deal brings more than 400 professionals to Perficient, expands its delivery capacity and India presence, and broadens its commerce, content and agile software development capabilities.
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October 4, 2022
- Buyer
- Accenture
- Target
- Blackcomb Consultants
- Industry
- IT Services
- Location
- Illinois, United States
- Type
- Buyout
Accenture has acquired Blackcomb Consultants, a Chicago-based Guidewire specialist, to strengthen its Guidewire and cloud delivery capabilities for property & casualty insurers. The 158 Blackcomb employees will join Accenture's Industry & Function Platforms Group to focus on Guidewire project delivery and cloud-hosted services; financial terms were not disclosed.
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October 1, 2022
- Buyer
- Mastech Digital, Inc.
- Target
- AmberLeaf Partners, Inc.
- Industry
- IT Services
- Location
- Illinois, United States
- Type
- Buyout
Mastech Digital, Inc. (Mastech InfoTrellis) acquired Chicago-based customer experience consulting firm AmberLeaf Partners for $14.0 million, with $9.5 million paid in cash at closing and up to $4.5 million in deferred, performance-contingent payments. The acquisition expands Mastech InfoTrellis' data and analytics offerings to include customer experience consulting and managed services, and is expected to enhance global delivery capabilities across North America, EMEA, India and ASEAN.
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September 29, 2022
- Buyer
- Neostella
- Target
- Work-Relay
- Industry
- IT Services
- Location
- Illinois, United States
- Type
- Buyout
Neostella, a global hyperautomation company headquartered in Milwaukee, announced it has signed an agreement to acquire Work-Relay, a Chicago-based next-generation business process management software provider. The acquisition is designed to strengthen Neostella’s workflow automation capabilities, leveraging Work-Relay’s native Salesforce integration.
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September 29, 2022
- Buyer
- Ntiva, Inc.
- Target
- MXOtech, Inc.
- Industry
- IT Services
- Location
- Illinois, United States
- Type
- Buyout
Ntiva, a U.S. managed IT and security services provider headquartered in McLean, Virginia, acquired Chicago-based MXOtech, Inc., a managed services and digital transformation firm founded by Joanna Mirov. The deal expands Ntiva's Midwest footprint, adds application development, systems integration and digital transformation capabilities, and gives MXOtech clients access to Ntiva's national resources and 24/7 support.
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Frequently Asked Questions
What kinds of IT services companies are being acquired in Illinois?
Deals include Salesforce and AI advisory/implementation firms (e.g., Aleysian, Neocol), SAP and enterprise transformation specialists (Redfig), Workday consultancies (TopBloc), and managed IT/security providers (Sentinel Technologies, ProviNET Solutions).
Which enterprise software platforms appear most often in these acquisitions?
Salesforce (implementation/advisory), SAP (business transformation and modernization), and Workday (deployment and managed support) are prominently featured across recent transactions.
Where are the companies in these Illinois IT services deals typically located?
Many targets and acquirers are based in Chicago, Illinois, with other Illinois locations also referenced (such as Tinley Park for ProviNET Solutions and Elgin for Elarasys Worldwide and IT Hardware Plus).
Do these deals skew toward add-ons, growth investments, or full acquisitions?
The page shows a mix: full acquisitions (e.g., Concentric Equity Partners acquiring Aleysian; Protera acquiring Redfig), growth investments (e.g., Tenex Capital Management investing in Sentinel Technologies), and add-on transactions intended to broaden managed IT capabilities (e.g., Integrated Health Systems acquiring ProviNET Solutions).