International Technology Group Acquires Project Partners

Alpina Partners Acquires Majority Stake in The Project Group (TPG)

December 21, 2022

Software

Funds managed by Alpina Management GmbH (Alpina Partners) acquired a majority stake in The Project Group Informationstechnologie GmbH (TPG). The transaction positions TPG to accelerate growth—organically and via bolt-on acquisitions—while founder Stavros Georgantzis and management reinvest and remain with the company to drive expansion of its PPM software and consulting services.

Bridgepoint Acquires Majority Stake in Inspired Thinking Group (Team ITG) from Equistone

March 28, 2022

Marketing & Advertising

Bridgepoint has acquired a majority stake in Inspired Thinking Group (Team ITG) from previous shareholder Equistone Partners Europe, with Equistone reinvesting as a minority shareholder. The investment will back Team ITG’s international expansion—particularly into the United States—and support scaling of its CanopyCloud martech platform alongside its creative and marketing services operations; Team ITG is headquartered in Birmingham, UK and employs over 1,000 people.

Cyber Advisors Acquires Innovative Technology Partners

February 13, 2024

IT Services

Cyber Advisors, a Goldner Hawn portfolio company, has acquired Innovative Technology Partners, a Plymouth, Minnesota-based provider of personalized managed IT services. The add-on deal expands Cyber Advisors' managed IT and cybersecurity capabilities and consolidates its presence in the Twin Cities market.

ICF Acquires Incentive Technology Group (ITG)

January 13, 2020

IT Services

ICF (NASDAQ:ICFI) has entered into a definitive agreement to acquire Incentive Technology Group, LLC (ITG), a fast-growing provider of cloud-based platform services to the U.S. federal government. The transaction values ITG at a purchase price of $255 million, is expected to close in Q1 2020, and is intended to strengthen ICF's IT modernization and cloud capabilities in the federal market.

Candescent Partners Recapitalizes Imagine Technology Group with Parkway Capital, Eagle Private Capital and Midwest Mezzanine

January 13, 2022

IT Services

Candescent Partners led a recapitalization of Imagine Technology Group (ITG), partnering with ITG's senior management while mezzanine investors Parkway Capital, Eagle Private Capital and Midwest Mezzanine provided subordinated debt and equity. Headquartered in Chandler, Arizona, ITG is a managed technology service provider specializing in copy and print equipment sales, managed print services, and IT services serving customers throughout Arizona.

Galanthus Partners Acquires Projetech Inc.

February 25, 2022

Cloud & SaaS

Galanthus Partners has acquired Projetech Inc., making the IBM Maximo cloud specialist an independently operated, wholly-owned subsidiary. The acquisition strengthens Galanthus's strategy to become a leading global provider of cloud-delivered IBM Maximo and is intended to support Projetech's continued growth and development of innovative Maximo solutions for customers across commercial and public sectors.