Apollo Funds Acquires Trace3 from American Securities

Trace3 Acquires Calian Group's U.S. Commercial IT Operations

August 25, 2026

IT Services

Trace3 acquired Calian Group's U.S. Commercial IT operations, a Houston-based business, in a carve-out transaction that added managed-services infrastructure, technical talent, and delivery capabilities. Calian said the divestiture would sharpen its focus on defence, space, and essential industries and allow it to redeploy capital toward core growth priorities.

Trace3 Acquires Tail Wind Informatics

January 9, 2024

Data & Analytics

Trace3, a technology consulting and systems-integration firm headquartered in Irvine, California, has acquired Tail Wind Informatics, a Minnetonka, Minnesota-based data and analytics consulting firm. The acquisition (closed January 2, 2024) expands Trace3's Data & Analytics capabilities and brings Tail Wind's expertise in business intelligence, cloud analytics, and data management into Trace3's service portfolio.

Trace3 Acquires Set Solutions

April 4, 2023

Cybersecurity

Trace3 has completed the acquisition of Set Solutions, a Houston-based cybersecurity consulting and procurement solutions provider. The deal expands Trace3's cybersecurity capabilities and southern U.S. footprint, enabling Set Solutions' clients to access Trace3's broader cloud, security, and data & analytics offerings.

Trace3 Acquires LaSalle Solutions (Business Division of Fifth Third Bank) to Expand Enterprise IT Lifecycle Services

March 9, 2022

IT Services

Trace3 entered into a definitive agreement to purchase LaSalle Solutions, a business division of Fifth Third Bank, to expand Trace3’s technology solutions portfolio and national footprint. The deal is expected to close in April 2022 and will combine LaSalle’s IT lifecycle management platform (LAMP) with Trace3’s capabilities across cloud, data intelligence, security, and enterprise IT services.

American Securities Acquires Trace3 from H.I.G. Capital

September 27, 2021

IT Services

Affiliates of private equity firm American Securities have agreed to acquire Trace3 from an affiliate of H.I.G. Capital. Trace3 is an Irvine, California–based IT solutions and managed services provider serving over 2,500 commercial and enterprise clients; financial terms were not disclosed and the deal remains subject to customary closing conditions.

Trace3 Acquires Groupware Technology

November 10, 2020

IT Services

Trace3, an H.I.G. Capital portfolio company, has acquired Groupware Technology to expand its market presence in Northern California and Arizona and broaden its cloud, data intelligence, and data center services. Groupware will remain led locally while gaining access to Trace3's broader technology portfolio and capabilities in security, AI, and managed services.