Private Equity-Backed IT Services Acquisitions

  • Buyer
    Astro Pak, The Stephens Group
    Target
    Clean Sciences, LLC
    Industry
    IT Services
    Location
    United States
    Type
    Addon

    Astro Pak acquired Clean Sciences, LLC, a precision cleaning services company specializing in ultrasonic cleaning, high-purity solvent/detergent processes, chemical etching, and hot RO/DI water rinsing. The deal expands Astro Pak’s cleanroom footprint—particularly in Northern California—and strengthens its capabilities serving semiconductor and defense markets under The Stephens Group’s ownership.

  • Buyer
    ISPN, Align Capital Partners (ACP)
    Target
    ZCorum
    Seller
    Julie Compann (former CEO of ZCorum; named in succession context)
    Industry
    IT Services
    Type
    Addon

    ISPN, a managed services provider focused on broadband operators, completed its acquisition of ZCorum, a provider of broadband diagnostics and managed services. The deal expands ISPN’s capabilities across cable and fiber networks, adding offerings such as managed cybersecurity, hosted VoIP, and IPTV to better support rural and underserved internet service providers.

  • Buyer
    Burlington Capital Partners, RF Investment Partners
    Target
    RS Boes Holdings
    Seller
    Robert Boes, Stephanie Boes
    Industry
    IT Services
    Location
    United States
    Type
    Addon

    Burlington Capital Partners and RF Investment Partners acquired RS Boes Holdings, a multi-territory Precision Garage Door Service (PDS) franchisee operating across four states. Boxwood Partners advised the seller, RS Boes Holdings, led by Robert and Stephanie Boes.

  • Buyer
    FFL Partners, Pioneer HOA
    Target
    Western-focused full-service HOA property management company (name not disclosed)
    Industry
    IT Services
    Type
    Addon

    FFL Partners launched Pioneer HOA, a new holding platform intended to consolidate and scale homeowners association (HOA) property management companies across the United States. The platform will support acquired regional HOA management firms with technology-driven tools, operational support, and AI-enabled capabilities, while allowing them to maintain local brands.

  • Buyer
    B/CORE, NewSpring Holdings
    Target
    Fuel Consulting
    Seller
    Heidi Gerhards (Founder, Fuel Consulting)
    Industry
    IT Services
    Type
    Addon

    B/CORE announced it has acquired Fuel Consulting to strengthen its ability to turn emerging technologies into operational capabilities for the U.S. Intelligence Community and Department of War. Fuel Consulting brings nearly two decades of mission expertise and advisory capabilities in organizational transformation, governance frameworks, and technology integration.

  • Buyer
    Alchemy Technology Group
    Target
    Enterprise Computing Solutions, Inc. (ECS)
    Industry
    IT Services
    Type
    Buyout

    Alchemy Technology Group, backed by Avance Investment Management, acquired Enterprise Computing Solutions (ECS), a Southern California provider of edge computing, cloud, and security solutions. The deal expands Alchemy’s West Coast footprint and strengthens its ability to deliver integrated advisory and managed infrastructure services for secure, high-performance connectivity across hybrid and distributed environments.

  • Buyer
    Yellow Stripes Capital
    Target
    NoblQ
    Seller
    Caldwell Velnambi, Nepoleon Duraisamy
    Industry
    IT Services
    Type
    Buyout

    Yellow Stripes Capital (YSC) has acquired a majority stake in NoblQ, a global digital transformation and IT services provider. The investment is intended to accelerate NoblQ’s AI-enabled enterprise modernization strategy, expand delivery operations across North America, Europe, and Asia, and grow its digital engineering and enterprise modernization practices.

  • Buyer
    Highstreet IT Solutions
    Target
    Graviton Consulting Services
    Industry
    IT Services
    Type
    Addon

    Highstreet IT Solutions, a CIVC Partners portfolio company, announced the acquisition of Graviton Consulting Services, a public-sector-focused Oracle Cloud and ERP transformation and advisory services provider. The deal is intended to strengthen Highstreet’s public-sector capabilities and expand its strategic innovation platform, while preserving Graviton’s delivery leadership and client continuity.

  • Buyer
    Virtual Technologies Group (VTG)
    Target
    Vector Tech Group
    Industry
    IT Services
    Type
    Addon

    Virtual Technologies Group (VTG), an IT, security, and cloud services firm backed by Jacmel Partners, acquired Vector Tech Group (Vector Tech). Vector Tech will continue operating as a subsidiary of VTG while serving its existing customers and employees. The deal expands VTG’s Midwest footprint and broadens its IT infrastructure, cybersecurity, cloud hosting, and managed services offerings.

  • Buyer
    Blue Fire Equity
    Target
    Jovian Concepts
    Industry
    IT Services

    Blue Fire Equity, a Washington, D.C.-based investment firm focused on defense and government technology, announced a strategic investment in Jovian Concepts. Jovian Concepts is a Maryland-based intelligence and engineering services provider supporting the U.S. defense and intelligence community, with capabilities across systems engineering, software development, SIGINT systems, and data privacy/legal compliance.

  • Buyer
    Ares Management, Leonard Green & Partners, Vintage Strategies (Goldman Sachs Alternatives), Harvest Partners
    Target
    Convergint Technologies
    Industry
    IT Services

    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.

  • February 26, 2026
    Buyer
    CargoSprint
    Target
    Dray Dog
    Industry
    IT Services
    Location
    United States
    Type
    Addon

    CargoSprint, a Lone View Capital portfolio company, announced it has acquired Dray Dog, a port drayage software platform for appointment planning and drayage capacity management. The acquisition is intended to deepen CargoSprint’s marine port capabilities and improve efficiency and cost outcomes for drayage operators and the broader port community.

  • Buyer
    ERT, Macquarie Capital
    Target
    Sev1Tech
    Seller
    DFW Capital Partners, Bob Lohfeld (founder rollover)
    Industry
    IT Services
    Location
    United States
    Type
    Buyout

    ERT, a Macquarie Capital-backed digital engineering and mission services company, acquired Sev1Tech, a digital modernization and IT transformation provider serving U.S. space, defense, and national security initiatives. The acquisition is intended to expand ERT’s secure, mission-aligned digital engineering and IT modernization capabilities for government customers while integrating Sev1Tech’s IT modernization and cyber resilience expertise.

  • Buyer
    Morgan Stanley Capital Partners
    Target
    Security 101
    Seller
    Gemspring Capital (affiliates)
    Industry
    IT Services
    Type
    Buyout

    Investment funds managed by Morgan Stanley Capital Partners acquired Security 101, a national provider of commercial security integration solutions. The seller, Gemspring Capital, announced that its affiliates completed the sale; financial terms were not disclosed.

  • Buyer
    Sela
    Target
    2bcloud
    Industry
    IT Services
    Location
    Israel
    Type
    Addon

    Sela has merged with and acquired Israel-based 2bcloud, combining the two firms under the Sela brand to create one of the region's largest multi-cloud engineering organizations. The combined company will expand Sela's cloud engineering capacity (more than 500 cloud engineers across the group), strengthen hyperscaler partnerships (AWS, Azure, Google Cloud), and deepen capabilities supporting ISVs, SaaS providers, and digital-native companies.

  • Buyer
    Scale Computing
    Target
    Adaptiv Networks
    Industry
    IT Services
    Type
    Buyout

    Scale Computing entered into a definitive agreement to acquire Adaptiv Networks, a cloud-native SD-WAN and SASE provider. The deal will extend Scale Computing’s SC//AcuVigil managed network solutions with integrated SD-WAN connectivity, advanced network performance optimization, and centralized orchestration across distributed environments.

  • Buyer
    AYCE Capital
    Target
    Solid Technology Solutions (Solid Tech)
    Industry
    IT Services
    Location
    Alberta, Canada

    AYCE Capital announced an investment in Solid Technology Solutions (“Solid Tech”), an Edmonton, Alberta-based managed services provider focused on serving the healthcare sector. The deal will provide Solid Tech with additional scale and operational support, including AYCE taking on core back-office functions such as sales, finance, and vendor management.

  • Buyer
    By Light Professional IT Services LLC
    Target
    Dignitas Technologies
    Industry
    IT Services
    Type
    Buyout

    By Light Professional IT Services LLC acquired Dignitas Technologies, a provider of modeling, simulation, and training (MS&T) and mission-rehearsal applications. The transaction broadens By Light’s capabilities in synthetic and virtual training, including cyber training and multi-echelon live/virtual/constructive simulations for U.S. Department of Defense programs.

  • Buyer
    Canadian Business Growth Fund (CBGF)
    Target
    Appficiency Inc.
    Industry
    IT Services
    Location
    Ontario, Canada

    Appficiency Inc. has received a minority equity investment from the Canadian Business Growth Fund (CBGF). The funding is intended to support Appficiency’s AI innovation and expanded service capabilities, helping it deliver enterprise digital transformation across multiple platforms globally.

  • Buyer
    AEA Investors
    Target
    Magna5
    Seller
    NewSpring Holdings (NewSpring)
    Industry
    IT Services

    AEA Investors’ Small Business Private Equity team made a majority investment in Magna5, a managed IT services and cybersecurity provider headquartered in Canonsburg, Pennsylvania. The transaction was completed alongside significant reinvestment from Magna5 management, with terms undisclosed, and is aimed at scaling Magna5’s national platform while expanding cybersecurity, compliance, and AI-enabled capabilities.

  • February 4, 2026
    Buyer
    Onecom, LDC
    Target
    Matrix IT
    Industry
    IT Services
    Location
    United Kingdom
    Type
    Addon

    Onecom, backed by LDC, has acquired Matrix IT, a Microsoft Solutions Partner based on the UK South Coast, to bolster its managed IT and Microsoft services capabilities. The deal expands Onecom's regional presence and technical delivery capacity, adding experienced service delivery staff and strengthening its Managed IT, cloud and cybersecurity offerings.

  • Buyer
    Concentric Equity Partners
    Target
    Aleysian
    Industry
    IT Services
    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.

  • Buyer
    Argano
    Target
    Stormloop Technologies
    Industry
    IT Services
    Type
    Addon

    Argano has acquired Stormloop Technologies, a Workday partner specializing in HCM, Financials and Adaptive Planning advisory and managed services. The acquisition, which closed in December 2025, expands Argano's enterprise application and cloud transformation capabilities and strengthens its Workday and Adaptive Planning service offerings.

  • Buyer
    Arctiq, Inc., Gallant Capital Partners
    Target
    Verinext Corp.
    Seller
    Mill Point Capital LLC
    Industry
    IT Services
    Type
    Buyout

    Arctiq has acquired Verinext, combining their complementary managed IT capabilities to create a broader, next-generation managed technology services platform. The deal was completed in early February 2026, with both firms bringing established expertise across enterprise security, networking, hybrid infrastructure, and data/AI-enabled services.

  • Buyer
    MiddleGround Capital
    Target
    Pi Innovo
    Seller
    Dana Incorporated
    Industry
    IT Services
    Type
    Addon

    MiddleGround Capital has acquired Pi Innovo from Dana Incorporated. Pi Innovo’s open platform electronic control systems and control software will be integrated into MiddleGround’s portfolio company, New Eagle, to expand functional safety and cybersecurity-enabled solutions for mobility programs.

  • Buyer
    Great American Holdings, LLC (GA Group)
    Target
    Risk Solutions International (RSI)
    Industry
    IT Services
    Type
    Buyout

    Great American Holdings, LLC (“GA Group”) announced its acquisition of Risk Solutions International (“RSI”), which provides consulting, advisory, and technology solutions for risk and resilience management. The integration of RSI into GA Group’s advisory and valuation platform is intended to deliver an end-to-end offering covering both financial health and operational resilience.

  • Buyer
    Virtual Technologies Group (VTG)
    Target
    Whitlock Infrastructure Solutions
    Industry
    IT Services
    Type
    Buyout

    Virtual Technologies Group (VTG), backed by Jacmel Partners, has acquired Whitlock Infrastructure Solutions, a software reseller and IT services firm focused on IT operations management. The deal expands VTG’s commercial enterprise service capabilities and strengthens its federal government services expertise, combining VTG’s managed IT infrastructure and cybersecurity with Whitlock’s ValueFirst/FirstCall/TotalCare offerings and software provider relationships.

  • Buyer
    Rubicon Technology Partners
    Target
    Procede Software
    Industry
    IT Services

    Procede Software, a provider of enterprise dealer management systems (DMS) for commercial vehicles, received a strategic majority investment from Rubicon Technology Partners. The funding is intended to accelerate product innovation (including AI capabilities) and expand integrations across the commercial vehicle ecosystem.

  • Buyer
    Net at Work
    Target
    BHE Consulting
    Industry
    IT Services
    Type
    Buyout

    Net at Work, a North American technology advisor, acquired Boston-based BHE Consulting to strengthen its Sage and Acumatica ERP capabilities and expand delivery capacity across construction, manufacturing, and wholesale distribution verticals. BHE co-founders Greg Archambault and Russ Carey will remain with Net at Work to support client continuity and integration of BHE's solutions.

  • Buyer
    CyberlinkASP, Seaport Capital
    Target
    Fresh Managed IT
    Industry
    IT Services
    Type
    Addon

    CyberlinkASP, a Seaport Capital-backed advanced solutions provider, has acquired Fresh Managed IT, a Birmingham, Alabama-based managed services provider. The add-on expands Cyberlink's MSP footprint in the Southeast, brings Fresh IT's ~150 customers across healthcare, construction and restaurant markets, and strengthens regional capabilities in network management, cybersecurity and VoIP.

  • Buyer
    Proven Optics, Silversmith Capital Partners
    Target
    brightfin (ServiceNow-native enterprise business)
    Seller
    brightfin, Periscope Equity
    Industry
    IT Services

    Proven Optics, backed by Silversmith Capital Partners, has acquired brightfin's ServiceNow-native enterprise business from Periscope Equity. Periscope will retain and reintroduce Mobile Solutions as a standalone, mid-market-focused platform and has named Chebem Chukwu as CEO as it pursues organic growth and add-on acquisitions.

  • Buyer
    Livefront, Rallyday Partners
    Target
    Zeal IT Consultants
    Industry
    IT Services
    Type
    Addon

    Livefront and Zeal IT Consultants announced a strategic combination to create a larger digital consultancy offering end-to-end capabilities in digital strategy, experience design, AI-driven platforms, software engineering, and data. The combination creates a team of more than 300 professionals and was supported by a strategic investment in Livefront from Denver-based private equity firm Rallyday Partners.

  • Buyer
    United Building Solutions
    Target
    DFW Mechanical Group
    Industry
    IT Services
    Type
    Addon

    United Building Solutions (UBS), backed by AE Industrial Partners, acquired DFW Mechanical Group, a commercial and industrial mechanical contractor serving customers across Texas, Oklahoma, Georgia, and Florida. The deal is UBS’s second add-on acquisition since AE Industrial’s February 2025 investment and expands UBS’s footprint across the Southeast and South-Central United States.

  • Buyer
    Evergreen Services Group, Alpine Investors
    Target
    Digital Boardwalk
    Industry
    IT Services
    Type
    Addon

    Evergreen Services Group, a PE-backed MSP consolidator backed by Alpine Investors, acquired Digital Boardwalk, a Pensacola, Florida–based managed services provider. The purchase marks Evergreen’s 100th add-on in its roll-up strategy, continuing a decentralized "hold forever" model focused on retaining local leadership and recurring revenue streams.

  • Buyer
    New Charter Technologies, Oval Partners
    Target
    NetSource One
    Industry
    IT Services
    Type
    Addon

    New Charter Technologies, a portfolio company of Oval Partners, has added Michigan-based NetSource One to its platform as an add-on acquisition. NetSource One — which supports 700+ clients and brings more than 75 employees — will continue operating under existing leadership and strengthen New Charter’s capabilities in regulated industries and security-first services.

  • Buyer
    Net at Work, Lovell Minnick Partners
    Target
    Network Computer Solutions (NCS)
    Industry
    IT Services
    Type
    Addon

    Net at Work, a Lovell Minnick–backed managed services provider, has acquired Kansas-based Network Computer Solutions (NCS) to expand its Midwest footprint and strengthen its managed services capabilities. The deal also transfers NCS's Nterfuse software platform to Net at Work, preserving service continuity for Nterfuse customers while providing broader support and access to Net at Work's cybersecurity, cloud, ERP and national managed services infrastructure.

  • Buyer
    Gemspring Capital Management (affiliate)
    Target
    TRG
    Seller
    Kennedy family, TRG management team
    Industry
    IT Services
    Type
    Buyout

    An affiliate of Gemspring Capital Management has acquired TRG, a Cleveland-area provider of enterprise mobility lifecycle management and integrated cybersecurity solutions. TRG founder and CEO Sean Kennedy, the Kennedy family, and the existing management team retain a significant ownership stake; Gemspring said it will provide capital and operational resources to support continued growth and strategic acquisitions.

  • Buyer
    Rotation Digital, The Brydon Group
    Target
    Syssero
    Industry
    IT Services
    Type
    Addon

    Rotation Digital, a full-stack digital technology services company backed by The Brydon Group, has acquired Syssero, a consultancy specializing in workforce technology and enterprise applications. The add-on strengthens Rotation Digital's workforce technology and enterprise application capabilities and expands its delivery resources across clients.

  • Buyer
    Communardo Group, Funds advised by BU Bregal Unternehmerkapital
    Target
    Prepend
    Industry
    IT Services
    Location
    Utrecht, Netherlands
    Type
    Addon

    The Communardo Group has acquired Dutch Atlassian Platinum Solution Partner Prepend, marking Communardo's entry into the Benelux region. The acquisition — supported by funds advised by BU Bregal Unternehmerkapital — keeps the entire Prepend team on board and aims to accelerate growth, realize synergies and strengthen Communardo's pan-European position in the Atlassian ecosystem.

  • Buyer
    Arcus Infrastructure Partners (Arcus Infrastructure Partners LLP)
    Target
    Wifinity
    Seller
    LDC
    Industry
    IT Services
    Location
    United Kingdom
    Type
    Buyout

    LDC exited its investment in Wifinity, the UK’s independent provider of business-critical connectivity for complex, multi-site and multi-tenant environments, to Arcus Infrastructure Partners. The transaction is subject to UK National Security and Investment Act (NSIA) approval, with terms undisclosed.

  • Buyer
    Warburg Pincus, Temasek
    Target
    Park Place Technologies, Service Express
    Seller
    Charlesbank Capital Partners, GTCR
    Industry
    IT Services
    Type
    Buyout

    Warburg Pincus, with a significant minority investment by Temasek, signed a definitive agreement to make a majority investment in Park Place Technologies. Park Place and Service Express (a Warburg Pincus portfolio company) merged to create a global data center services provider with over 3,000 employees and 25,000+ customers; the merger was completed on January 6, 2026.

  • Buyer
    MidEuropa
    Target
    Romanian Business Consult (RBC)
    Seller
    Andrei Bojiță
    Industry
    IT Services
    Location
    Romania
    Type
    Buyout

    MidEuropa has announced the acquisition of a majority stake in Romanian Business Consult (RBC), a vertically focused IT systems integrator serving Romania’s retail, banking, and industrial sectors. Founder and CEO Andrei Bojiță will retain a significant minority stake and continue to lead the business, with closing expected in 2026 subject to regulatory approvals.

  • Buyer
    DigitalBridge Group, Inc., Crestview Partners
    Target
    WideOpenWest, Inc. (WOW!)
    Industry
    IT Services
    Type
    Buyout

    DigitalBridge Group and Crestview Partners, through affiliated investment funds, completed their take-private acquisition of WideOpenWest (WOW!), a U.S. broadband provider. WOW! shareholders received $5.20 in cash per share in a transaction with an enterprise value of approximately $1.5 billion, and WOW! common stock is no longer traded on public exchanges.

  • Buyer
    Com Laude, PX3 Partners
    Target
    Markmonitor
    Seller
    Newfold Digital
    Industry
    IT Services
    Type
    Buyout

    Com Laude completed its acquisition of Markmonitor in a carve-out transaction from Newfold Digital. The deal combines both firms’ corporate domain services to create Markmonitor Group with an initial enterprise value of about $450 million, with operations supported by PX3 Partners.

  • Buyer
    CoreX, NewSpring (NewSpring Holdings / NewSpring Capital)
    Target
    InSource (ServiceNow business unit)
    Seller
    InSource, Inc.
    Industry
    IT Services
    Type
    Addon

    CoreX, a ServiceNow Elite consulting platform backed by NewSpring, has acquired InSource's ServiceNow business unit, with the transaction closing in late December 2025. The deal brings InSource's 1,500+ ServiceNow implementations and strong CSAT to CoreX, more than doubling CoreX's U.S. headcount and expanding delivery capacity and capabilities across North America and Latin America.

  • Buyer
    TPG
    Target
    Conservice
    Seller
    TA Associates, Advent International
    Industry
    IT Services
    Type
    Buyout

    TPG signed a definitive agreement to acquire a majority stake in Conservice, a tech-enabled utility management platform serving the U.S. property management industry. Advent International will retain a significant minority stake, while TA Associates will fully exit its stake; the deal is expected to close in the first quarter of 2026, subject to customary approvals.

  • Buyer
    AXAITRA Group, Greenpeak Partners
    Target
    Stellium
    Industry
    IT Services
    Location
    Vaud, Switzerland
    Type
    Addon

    AXAITRA Group, a Munich-based Microsoft-focused cloud and AI platform backed by Greenpeak Partners, has integrated Stellium, a Swiss Microsoft and enterprise AI consultancy headquartered in Nyon. Stellium will continue to operate independently while leveraging AXAITRA's platform to scale its AI-first Microsoft transformation model across Europe.

  • Buyer
    Broadwing Capital
    Target
    CloudScale365
    Industry
    IT Services
    Type
    Buyout

    Broadwing Capital, a Dallas-based private equity firm, has acquired CloudScale365 as the inaugural investment in its new IT managed service provider (MSP) platform. CloudScale365 is a Nashville-based provider of managed IT, cloud, hosting, and security solutions for small and medium-sized businesses; the founder will transition to a consulting role and Bret Kidd was named CEO as the company pursues expansion in AI, cybersecurity, and infrastructure.

  • Buyer
    Court Square Capital Partners, Pamlico Capital
    Target
    AVANT
    Industry
    IT Services

    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.

  • Buyer
    Spectrotel, Inc., Grain Management
    Target
    Mosaic NetworX
    Industry
    IT Services
    Location
    United States
    Type
    Buyout

    Spectrotel, a managed network services and connectivity provider, completed its acquisition of Mosaic NetworX, a global managed services provider focused on secure networking. The deal was signed on September 17, 2025, and the closing strengthens Spectrotel’s ability to deliver SASE and SD-WAN solutions for mid-market and enterprise customers across distributed and international environments.

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