Converge Technology Solutions Acquires Stone Technologies Group (Stone Group)
September 22, 2022
Converge Technology Solutions Corp. agreed to acquire UK-based Stone Technologies Group Limited (Stone Group), a provider of circular IT and managed IT services to education, public and private sector clients. The deal (subject to regulatory approvals) expands Converge’s European footprint and adds Stone’s sustainability-focused IT recycling and managed services capabilities to Converge’s global platform; sellers included Souter Investments and RJD Partners.
- Targets
- Stone Technologies Group Limited (Stone Group)
- Sellers
- Souter Investments, RJD Partners
- Industry
- IT Services
- Location
- England, United Kingdom
- Transaction Type
- Buyout
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