Milestone Technologies (H.I.G. Portfolio) Acquires Software Management Consultants, Inc. (SMCI)
August 2, 2021
Milestone Technologies, a Silicon Valley-based global IT managed services provider and portfolio company of H.I.G. Capital, has acquired Software Management Consultants, Inc. (SMCI), a Glendale, California–based IT consulting, talent management and digital solutions firm. The acquisition expands Milestone's US footprint and bolsters its IT managed services and staffing capabilities as part of a strategy to consolidate the fragmented IT services and staffing market.
- Buyers
- Milestone Technologies, H.I.G. Capital
- Targets
- Software Management Consultants, Inc.
- Platforms
- Milestone Technologies
- Industry
- IT Services
- Location
- California, United States
- Transaction Type
- Addon
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