IT Services Buyout Acquisitions in 2022
Acquisition Volume in IT Services Buyout in 2022 by Year
Last 5 years
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December 30, 2022
- Buyer
- Digital Intelligence Systems, LLC (DISYS)
- Target
- LinTech Global, Inc.
- Industry
- IT Services
- Location
- Virginia, United States
- Type
- Buyout
Digital Intelligence Systems, LLC (DISYS) has acquired LinTech Global, Inc., a federal prime contract holder that delivers IT and engineering solutions to U.S. defense and civilian agencies. Greenwich Capital Group served as financial advisor to LinTech; LinTech will operate as an independent business division within the DISYS portfolio to expand DISYS' federal workforce, IT and cybersecurity capabilities.
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December 22, 2022
- Buyer
- Sourcepass
- Target
- Contemporary Computer Services, Inc. (CCSI)
- Industry
- IT Services
- Location
- New York, United States
- Type
- Buyout
Sourcepass has acquired Contemporary Computer Services, Inc. (CCSI), a Bohemia, New York-based co-managed IT services provider with approximately 65 employees. The acquisition expands Sourcepass's co-managed services capabilities, strengthens its presence in the Northeastern U.S. and education and public-sector verticals, and brings additional midmarket and enterprise contracts into its portfolio.
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December 20, 2022
- Buyer
- Bluewave Technology Group
- Target
- Compass Solutions
- Industry
- IT Services
- Location
- Ohio, United States
- Type
- Buyout
Bluewave Technology Group, a Parsippany, New Jersey-based technology advisory and lifecycle management firm, has acquired Compass Solutions, an IT and telecom advisory agency headquartered in Cuyahoga Falls, Ohio. The acquisition expands Bluewave's technology advisory and multi-location retail capabilities and brings the Compass team and founder Marty Lyman into Bluewave as an Ambassador and equity partner.
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December 20, 2022
- Buyer
- Investcorp
- Target
- Eficode
- Industry
- IT Services
- Location
- Uusimaa, Finland
- Type
- Buyout
Investcorp has agreed to make a significant investment to become majority shareholder in Eficode, a Helsinki-based DevOps consulting and managed services provider. The partnership will support Eficode's international expansion and further organic and acquisitive growth while the founder and management remain significant shareholders.
-
December 16, 2022
- Buyer
- WNS (Holdings) Limited
- Target
- The Smart Cube, OptiBuy
- Industry
- IT Services
- Location
- England, United Kingdom
- Type
- Buyout
WNS (Holdings) Limited has acquired London-based The Smart Cube and Warsaw-based OptiBuy to strengthen its procurement, supply chain analytics, and procurement platform implementation capabilities. The Smart Cube deal was valued at $125.0 million (including earn-outs) and adds ~800 employees and analytics platform capabilities; OptiBuy was purchased for €30.0 million (including earn-outs) and brings ~90 employees and European procurement platform expertise.
-
December 16, 2022
- Buyer
- AVI Systems
- Target
- Neurilink
- Industry
- IT Services
- Location
- Idaho, United States
- Type
- Buyout
AVI Systems, a global audiovisual systems integrator, has acquired Neurilink, a full-service audiovisual design and integration firm with offices in Boise, Idaho and Seattle. The deal (which brings Neurilink’s ~47 professional staff into AVI) expands AVI’s service footprint across the U.S. Northwest to better serve AV and unified collaboration needs in that region.
-
December 14, 2022
- Buyer
- Xobee Networks
- Target
- Myers Network Solutions
- Industry
- IT Services
- Location
- California, United States
- Type
- Buyout
Fresno-based managed IT provider Xobee Networks has acquired San Jose IT firm Myers Network Solutions in a transaction reported at $1.7 million. Xobee will retain the entire Myers staff and use the acquisition to expand its managed IT, cloud, cybersecurity, and networking services into the San Jose market.
-
December 13, 2022
- Buyer
- Gemspring Capital Management, LLC
- Target
- Amplix
- Industry
- IT Services
- Location
- Massachusetts, United States
- Type
- Buyout
Gemspring Capital Management affiliate has acquired a majority interest in Amplix, a Norwood, Massachusetts-based provider of technology advisory services and software formed from the merger of ROI Communications, Blue Front Technology Group, and allConnex. Gemspring will partner with Amplix's management to scale the business, accelerate growth, and expand the company's technology advisory, managed services, cloud, and data center capabilities.
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December 13, 2022
- Buyer
- Valiantys
- Target
- Expium LLC
- Industry
- IT Services
- Location
- Missouri, United States
- Type
- Buyout
Valiantys, a global Atlassian partner backed by Keensight Capital and Tercera, acquired St. Louis-based Expium LLC to expand its U.S. presence and broaden its Atlassian, DevOps, and custom-application capabilities. The deal combines Expium's expertise in custom application development and DevOps integration with Valiantys' global reach and managed-services platform.
-
December 12, 2022
- Buyer
- Unosquare
- Target
- Airship
- Industry
- IT Services
- Location
- Alabama, United States
- Type
- Buyout
Unosquare, a global digital engineering firm, has acquired Airship, a Birmingham-based custom software and mobile app development firm, to expand its onshore delivery capabilities and vertical specialization. The deal bolsters Unosquare’s U.S. delivery footprint as it continues scaling its nearshore and onshore engineering services.
-
December 12, 2022
- Buyer
- GSI, Inc.
- Target
- Flawless Inbound Inc.
- Industry
- IT Services
- Location
- Alberta, Canada
- Type
- Buyout
GSI, Inc. has acquired Flawless Inbound Inc., a Diamond HubSpot Solution Partner based in Edmonton, Alberta, to expand GSI’s HubSpot practice and RevOps capabilities. Flawless’s leadership (CEO/co-founder Liliane Youssef) will continue to lead the business as President, and the combined organization will offer expanded HubSpot implementation, integrations, eCommerce, and ongoing support services to clients across North America.
-
December 12, 2022
- Buyer
- Apogee
- Target
- Cumulus Technology Services Inc.
- Industry
- IT Services
- Location
- California, United States
- Type
- Buyout
Apogee (Austin, Texas), a managed technology services provider for higher education, has acquired Cumulus Technology Services Inc., a Ventura, California-based specialist in secure cloud services for higher education. The deal expands Apogee’s managed cloud, security, and ERP/LMS integration capabilities (including AWS expertise and backup/DR services) to accelerate cloud-managed offerings for colleges and universities; terms were not disclosed.
-
December 9, 2022
- Buyer
- Adelis Equity Partners
- Target
- Aderian Group
- Seller
- Entrepreneurs and existing management / shareholders
- Industry
- IT Services
- Location
- Sweden
- Type
- Buyout
Adelis Equity Partners has become the new majority owner of Swedish IT services group Aderian to support accelerated organic growth and an active M&A strategy. Aderian, a decentralized group of local IT specialists focused on SME customers, will retain significant ownership by entrepreneurs and management and is expected to reach c. SEK 1 billion in revenue with ambitions to triple revenue over five years.
-
December 9, 2022
- Buyer
- Circular Edge
- Target
- Innovus Partners
- Industry
- IT Services
- Location
- United States
- Type
- Buyout
Circular Edge, a global ERP and cloud consulting firm, has acquired Innovus Partners, a provider of Oracle Fusion Cloud Enterprise Performance Management (EPM) implementation and support services. The deal expands Circular Edge's EPM, BI and cloud transformation capabilities and is expected to close by January 1, 2023.
-
December 8, 2022
- Buyer
- DLH Holdings Corp. (DLH)
- Target
- Grove Resource Solutions, Inc. (GRSi)
- Industry
- IT Services
- Location
- Maryland, United States
- Type
- Buyout
DLH Holdings Corp. (NASDAQ: DLHC) acquired privately held Grove Resource Solutions, Inc. ("GRSi") of Bethesda, Maryland for $185.0 million to strengthen DLH's information technology and cybersecurity capabilities for federal customers. GRSi, a federal-focused IT, systems engineering and cybersecurity provider with ~700 employees, is expected to contribute approximately $140 million of annualized revenue and had a backlog of about $550 million at closing.
-
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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December 8, 2022
- Buyer
- Contegix, Tree Line Capital Partners
- Target
- Blended Perspectives
- Industry
- IT Services
- Location
- Ontario, Canada
- Type
- Buyout
Contegix, an Atlassian Platinum Solutions Partner based in Virginia, has acquired Blended Perspectives, a Toronto-based Atlassian Platinum Solutions Partner known for its Marketplace Analytics Research Service (MARS). Financing for the transaction was provided by Tree Line Capital Partners to support the deal and expand Contegix's Atlassian consulting capabilities and marketplace analytics offerings across North America.
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December 7, 2022
- Buyer
- Cognizant
- Target
- Utegration LLC
- Seller
- RLH Equity Partners
- Industry
- IT Services
- Location
- Texas, United States
- Type
- Buyout
Cognizant has agreed to acquire Houston-based Utegration LLC, a specialist SAP consulting and solutions provider focused on the energy and utilities sector. The deal, in which PE owner RLH Equity Partners sold Utegration, brings roughly 350 employees and industry-specific SAP products (Utility4U suite) into Cognizant's enterprise platform services to deepen its SAP capabilities for energy and utilities clients.
-
December 7, 2022
- Buyer
- The Acacia Group
- Target
- Isos Technology
- Industry
- IT Services
- Location
- Arizona, United States
- Type
- Buyout
The Acacia Group, a specialist investment firm, has acquired Isos Technology, an Atlassian Platinum and Enterprise Solution Partner headquartered in Tempe, Arizona. Acacia will combine Isos with the Atlassian practice of MajorKey Technologies to form a larger Atlassian-focused platform and plans further acquisitions to build a leading partner in the Atlassian ecosystem.
-
December 7, 2022
- Buyer
- IBM
- Target
- Octo
- Seller
- Arlington Capital Partners
- Industry
- IT Services
- Location
- Virginia, United States
- Type
- Buyout
IBM announced an agreement to acquire Octo, a Reston, Virginia-based IT modernization and digital transformation services provider serving the U.S. federal government. The deal, in which Arlington Capital Partners is selling Octo, will bring roughly 1,500 Octo employees into IBM Consulting's U.S. public and federal market organization to expand IBM's federal capabilities.
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December 7, 2022
- Buyer
- Buchanan Technologies
- Target
- Infosenseglobal
- Industry
- IT Services
- Location
- Massachusetts, United States
- Type
- Buyout
Buchanan Technologies announced the strategic acquisition and merger of Infosenseglobal's Oracle technology and applications service line into Buchanan's Applications Services business, closing on December 1, 2022. The deal expands Buchanan's Oracle ERP and application modernization capabilities, creating a combined applications and database team of over 250 professionals; 7 Mile Advisors acted as sell-side advisor to Infosenseglobal.
-
December 1, 2022
- Buyer
- Francisco Partners
- Target
- Litmos
- Seller
- SAP America Inc.
- Industry
- IT Services
- Location
- United States
- Type
- Buyout
SAP and Francisco Partners signed a definitive agreement under which Francisco Partners will acquire SAP Litmos from SAP. The deal was expected to close in the fourth quarter of 2022 and was subject to customary regulatory clearances. Francisco Partners later announced the acquisition was completed, with Litmos relaunching as an independent company.
-
November 30, 2022
- Buyer
- Cohesive Group, Bentley Systems
- Target
- Vetasi
- Industry
- IT Services
- Location
- United Kingdom
- Type
- Buyout
Bentley Systems’ digital integrator business, Cohesive Group, has acquired Vetasi, an international enterprise asset management (EAM) consultancy with a strong focus on IBM Maximo. The acquisition expands Cohesive’s Maximo managed-services, cloud hosting and low-code capabilities and increases its geographic footprint across EMEA and Asia Pacific by adding Vetasi’s ~200+ employees and regional operations.
-
November 29, 2022
- Buyer
- Foxway
- Target
- Global Resale Ltd
- Industry
- IT Services
- Location
- Essex, United Kingdom
- Type
- Buyout
Sweden-based circular tech provider Foxway has acquired UK-based Global Resale Ltd, a lifecycle management and remarketing specialist for IT assets. The deal expands Foxway's footprint in the UK and Europe and strengthens its recovery and remarketing capabilities for computers and data-center hardware.
-
November 28, 2022
- Buyer
- Hazel Finn LLC
- Target
- Titan Communications LLC (dba Wireless Support)
- Industry
- IT Services
- Location
- California, United States
- Type
- Buyout
Hazel Finn LLC, a Los Angeles-based micro private equity firm, has acquired Titan Communications LLC (dba Wireless Support), a managed mobility services provider serving small and medium-sized businesses across the U.S. DL Capital Partners advised on the transaction and Hazel Finn's Chris Kolar will assume the CEO role with a plan to modernize systems and scale the business.
-
November 28, 2022
- Buyer
- Ark Technology Companies (Ark Technologies Companies, Inc.)
- Target
- VerisVisalign
- Industry
- IT Services
- Location
- Pennsylvania, United States
- Type
- Buyout
Ark Technology Companies has acquired VerisVisalign, a Blue Bell, Pennsylvania-based Microsoft partner specializing in cloud transformation, managed services, and project delivery. The deal expands Ark's Microsoft cloud capabilities and geographic presence in the mid-Atlantic, and was facilitated by ITX; terms were not disclosed.
-
November 21, 2022
- Buyer
- Sopra Steria
- Target
- CS Group
- Seller
- Yazid Sebag, Eric Blanc-Garin, Duna & Cie, CIRA Holding, founders of Novidy's
- Industry
- IT Services
- Location
- France
- Type
- Buyout
Sopra Steria has signed an acquisition agreement to acquire the main block of CS Group’s shares held by Yazid Sebag, Eric Blanc-Garin and their joint holding company Duna & Cie, and to purchase additional stakes from Cira Holding and the founders of Novidy’s. The deal values CS Group at €11.50 per share and would take Sopra Steria’s total ownership to 75.06%, followed by a simplified public tender offer for the remaining shares.
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November 17, 2022
- Buyer
- Noventiq
- Target
- Saga Group
- Industry
- IT Services
- Location
- Serbia
- Type
- Buyout
Noventiq has signed an agreement to acquire a majority stake in Belgrade-based software and digital solutions provider Saga Group. The deal brings over 400 employees and Saga's fintech and AI IP (including the Fintense banking platform and Weaver chatbot) into Noventiq, strengthening its digital infrastructure, managed services and presence across Central and Eastern Europe.
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November 17, 2022
- Buyer
- Sopra Steria Benelux NV, Sopra Steria
- Target
- Assua NV, Tobania NV, Python Predictions BV
- Seller
- Lode Peeters (historical founder of Assua NV), Etienne Schreurs (historical founder of Assua NV)
- Industry
- IT Services
- Location
- Belgium
- Type
- Buyout
Sopra Steria has signed a share purchase agreement to acquire Assua NV, which holds Tobania NV and Python Predictions BV. The deal is intended to establish a leading position in the Belgian digital services market by expanding coverage across French- and Dutch-speaking regions and unlocking commercial and operational synergies.
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November 16, 2022
- Buyer
- Centerbridge Partners, L.P., Bridgeport Partners
- Target
- Computer Services, Inc. (CSI)
- Industry
- IT Services
- Location
- Kentucky, United States
- Type
- Buyout
Computer Services, Inc. (CSI) was acquired in an all-cash transaction valued at approximately $1.6 billion ($58.00 per share) by private equity firms Centerbridge Partners, L.P. and Bridgeport Partners. The deal closed in November 2022, and CSI became a private company with its stock delisted from the OTCQX market.
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November 15, 2022
- Buyer
- Xebia
- Target
- Netlink Digital Solutions Group (NDS)
- Seller
- Netlink Software Group America (Netlink)
- Industry
- IT Services
- Location
- Michigan, United States
- Type
- Buyout
Xebia has acquired Netlink Digital Solutions Group (NDS) from Netlink Software Group America to strengthen its low-code and OutSystems capabilities. The deal expands Xebia's end-to-end digital transformation, managed services and OutSystems practice to support enterprise customers globally.
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November 15, 2022
- Buyer
- Modus Create
- Target
- Twybee
- Industry
- IT Services
- Location
- France
- Type
- Buyout
Modus Create, a Reston, Virginia-based digital transformation consulting firm, has acquired Twybee, a French Atlassian Gold Solution Partner that provides Atlassian implementation, training and cloud migration services. The acquisition expands Modus Create’s Atlassian capabilities and strengthens its presence in France and the broader European market.
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November 15, 2022
- Buyer
- VTG
- Target
- Next Rev Technologies, LLC
- Industry
- IT Services
- Location
- Maryland, United States
- Type
- Buyout
VTG has acquired Next Rev Technologies, LLC to expand its multi-cloud software development, digital transformation, and cyber capabilities while adding Next Rev's U.S. Intelligence Community customers. The acquisition enhances VTG's data science and advanced analytics depth and supports its strategy to build a mid-tier national security company.
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November 14, 2022
- Buyer
- Larsen & Toubro Limited
- Target
- Mindtree, Larsen & Toubro Infotech (LTI)
- Industry
- IT Services
- Location
- India
- Type
- Buyout
The boards of Larsen & Toubro Infotech (LTI) and Mindtree approved a scheme of amalgamation under the Larsen & Toubro (L&T) Group, combining into a scaled-up IT services provider to be named LTIMindtree. Mindtree shareholders will receive LTI shares at a ratio of 73 shares of LTI for every 100 Mindtree shares, with L&T holding 68.73% of the merged entity. NCLT approval was received, clearing the way for operations as a merged entity effective November 14, 2022.
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November 11, 2022
- Buyer
- Thrive
- Target
- Custard Technical Services
- Industry
- IT Services
- Location
- Nottinghamshire, United Kingdom
- Type
- Buyout
Thrive, a U.S.-based provider of managed cybersecurity and digital transformation services, has acquired Custard Technical Services, a Nottingham-based UK IT support and managed services firm. The deal expands Thrive’s UK footprint and brings Custard’s managed services, disaster recovery, and IT security capabilities into Thrive’s NextGen portfolio to serve small- and mid-sized enterprises across the East Midlands and surrounding markets.
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- Buyer
- CitiusTech
- Target
- Wilco Source
- Industry
- IT Services
- Location
- California, United States
- Type
- Buyout
CitiusTech has acquired Wilco Source, a Salesforce consulting and implementation services provider focused on healthcare and life sciences, to strengthen its patient- and member-centric digital offerings. The acquisition brings Wilco Source's Salesforce expertise, accelerators and SaaS solutions into CitiusTech's portfolio to expand capabilities in digital front door, care management, REMS and patient services.
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November 9, 2022
- Buyer
- Catalyst Top Parent, Inc., Catalyst Merger Sub, Inc., Centerbridge and Bridgeport
- Target
- Computer Services, Inc.
- Industry
- IT Services
- Location
- Kentucky, United States
- Type
- Buyout
Computer Services, Inc. (CSI) shareholders approved the merger agreement under which Catalyst Merger Sub will merge with and into CSI, with CSI surviving as a wholly-owned subsidiary of Catalyst Top Parent, Inc. The transaction was expected to close in mid-November 2022 (about Nov. 15) subject to customary conditions, following the previously announced $1.6 billion go-private deal.
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November 8, 2022
- Buyer
- OSF Digital
- Target
- Oegen Ltd
- Industry
- IT Services
- Location
- United Kingdom
- Type
- Buyout
OSF Digital acquired UK-based Salesforce consulting firm Oegen Ltd to expand its Salesforce Experience Cloud capabilities and establish a multi-cloud delivery team in the UK and EMEA. The acquisition strengthens OSF's Salesforce multi-cloud practice and broadens its go-to-market presence across financial services, education and non-profit verticals in the region; deal terms were not disclosed.
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November 8, 2022
- Buyer
- Xobee Networks
- Target
- Interconnect Networks
- Industry
- IT Services
- Location
- California, United States
- Type
- Buyout
Fresno-based managed IT services provider Xobee Networks has acquired Interconnect Networks, a Palm Springs area technology solutions firm. The acquisition expands Xobee’s geographic footprint and enhances its managed IT, cybersecurity, cloud, web design, and network support capabilities for businesses, nonprofits, and other organizations in the Coachella Valley.
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November 3, 2022
- Buyer
- Valiantys
- Target
- Addteq, Inc. (consulting business)
- Seller
- Addteq, Inc.
- Industry
- IT Services
- Location
- New Jersey, United States
- Type
- Buyout
Valiantys, a global Atlassian consulting and services firm, has acquired the consulting business of Addteq, Inc. in an asset purchase to deepen its Atlassian services and expand its footprint in North America. The deal is intended to broaden Valiantys' capabilities and service offerings for enterprise customers across the region; financial terms were not disclosed.
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- Buyer
- Nordson Corporation
- Target
- CyberOptics Corporation
- Industry
- IT Services
- Location
- Minnesota, United States
- Type
- Buyout
Nordson Corporation signed a definitive agreement to acquire CyberOptics Corporation for approximately $380 million in an all-cash transaction at $54.00 per share. The acquisition is intended to expand Nordson’s test and inspection platform with CyberOptics’ high-precision 3D optical sensing technology for semiconductor and electronics inspection and metrology.
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November 1, 2022
- Buyer
- Bluewave Technology Group
- Target
- Virtual Telecomm
- Industry
- IT Services
- Location
- Kentucky, United States
- Type
- Buyout
Bluewave Technology Group has acquired Virtual Telecomm, a Louisville-based telecom and IT infrastructure advisory agency. The founders of Virtual Telecomm — Mark White, Michael White, and Jason Hulsewede — will join Bluewave as equity partners and Ambassadors to support client success and Bluewave's continued growth.
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November 1, 2022
- Buyer
- Roboyo
- Target
- Procensol
- Industry
- IT Services
- Location
- United Kingdom
- Type
- Buyout
Roboyo has acquired Procensol, a specialist low-code application development and managed services provider, to strengthen its low-code and hyperautomation capabilities. The deal expands Roboyo's presence in the UK, adds footprint in India and extends its reach into APAC, increasing the group's global headcount to over 600 employees.
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November 1, 2022
- Buyer
- Medicus IT
- Target
- MDcentric Technologies
- Industry
- IT Services
- Location
- North Carolina, United States
- Type
- Buyout
Medicus IT, a national healthcare-focused managed services provider headquartered in Alpharetta, Georgia, has acquired MDcentric Technologies, a Charlotte-based healthcare-focused managed service provider. The deal expands Medicus' East Coast footprint, adds a North Carolina office and strengthens its managed IT, cloud and cybersecurity capabilities for healthcare and other regulated end markets.
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November 1, 2022
- Buyer
- CI&T
- Target
- NTERSOL Consulting LLC
- Industry
- IT Services
- Location
- California, United States
- Type
- Buyout
CI&T (NYSE: CINT) executed a sale and purchase agreement to acquire NTERSOL Consulting LLC, a U.S.-based digital transformation provider focused on BFSI. The deal is intended to expand CI&T’s financial services expertise and North America delivery capacity, with NTERSOL adding 170+ U.S.-based digital specialists to CI&T.
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October 27, 2022
- Buyer
- KKR
- Target
- Ness Digital Engineering
- Seller
- The Rohatyn Group (TRG)
- Industry
- IT Services
- Location
- New Jersey, United States
- Type
- Buyout
KKR has signed definitive agreements to acquire 100% of Ness Digital Engineering from The Rohatyn Group (TRG). Ness is a global full-lifecycle digital services transformation firm specializing in end-to-end digital transformation services, including cloud engineering, data and analytics, experience design, and intelligence engineering.
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October 27, 2022
- Buyer
- TELUS International
- Target
- WillowTree
- Seller
- Insignia Capital Group
- Industry
- IT Services
- Location
- Virginia, United States
- Type
- Buyout
TELUS International has entered into a definitive agreement to acquire WillowTree, a full-service digital product provider, for an enterprise value of US$1.225 billion (inclusive of US$210 million of assumed debt). The deal is expected to close in January 2023, subject to customary closing conditions and regulatory approvals, with Insignia Capital Group selling its majority stake.
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October 26, 2022
- Buyer
- SLB
- Target
- Gyrodata Incorporated
- Industry
- IT Services
- Location
- Texas, United States
- Type
- Buyout
SLB announced it has entered into an agreement to acquire Gyrodata Incorporated, a provider of gyroscopic wellbore positioning and survey technology. The transaction is expected to integrate Gyrodata’s technologies into SLB’s Well Construction business to improve wellbore quality, reduce drilling risk, and enhance drilling efficiency.
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October 25, 2022
- Buyer
- UPSTACK
- Target
- NPG Solutions LLC
- Seller
- Bill Fuller, Bob Ray
- Industry
- IT Services
- Location
- Ohio, United States
- Type
- Buyout
UPSTACK, a New York–based digital infrastructure advisory platform, has acquired NPG Solutions, an independent technology and communications solutions advisor headquartered in New Albany, Ohio. The deal—UPSTACK's 25th partner investment—adds NPG's network, data center, cloud and security advisory capabilities and its proprietary SmartSpendIT supplier management tool to UPSTACK's platform; terms were not disclosed.
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October 25, 2022
- Buyer
- CloudScale365
- Target
- Priorpoint
- Industry
- IT Services
- Location
- South Carolina, United States
- Type
- Buyout
CloudScale365 has acquired Priorpoint, a Myrtle Beach-based managed cloud and on-premises IT services provider. The deal expands CloudScale365's regional data center footprint and strengthens its managed cloud, hosting, security, and business continuity offerings for clients in the Southeastern United States.
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