Intelligent Technical Solutions Acquires Afineol IT Consulting

November 5, 2024

Intelligent Technical Solutions (ITS), a portfolio company of Tower Arch Capital, acquired Sacramento-based managed service provider Afineol IT Consulting from owners Michael and Margaret Strong. The add-on strengthens ITS’s Sacramento footprint and expands its managed IT and cybersecurity offerings; financing was provided by Deerpath Capital and terms were not disclosed.

Buyers
Intelligent Technical Solutions, Tower Arch Capital
Targets
Afineol IT Consulting
Sellers
Michael Strong, Margaret Strong
Platforms
Intelligent Technical Solutions
Industry
IT Services
Location
California, United States
Transaction Type
Addon

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