The Purple Guys Acquires Advantex and Herrod Technology

August 23, 2023

The Purple Guys, a Kian Capital- and ParkSouth Ventures-backed managed IT services platform, completed add-on acquisitions of Texas-based managed service providers Advantex and Herrod Technology. The deals expand The Purple Guys' presence and service capabilities across key Texas markets — marking a strategic entry into Houston and increased density across the Dallas/Fort Worth metroplex.

Buyers
The Purple Guys, Kian Capital, ParkSouth Ventures
Targets
Advantex, Herrod Technology
Platforms
The Purple Guys
Industry
IT Services
Location
Texas, United States
Transaction Type
Addon

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