HBK CPAs Acquires Vertical Solutions (Renamed Vertilocity)

Solutions II Acquires Vertical VAR

September 16, 2025

IT Services

Solutions II, a Littleton, Colorado-based IT services and cybersecurity firm, has acquired Atlanta-based value-added reseller Vertical VAR to strengthen its Southeast footprint and vertical market capabilities across public safety, healthcare, gaming & hospitality, and commercial enterprise. The deal will allow Vertical VAR to operate as "Vertical VAR, a Solutions II Company," preserving its brand while gaining access to Solutions II's scale and security, managed services, and AI readiness offerings.

CSI Acquires Velocity Solutions from H.I.G. Capital

September 18, 2024

Software

CSI, a provider of end-to-end financial software, has acquired Velocity Solutions from H.I.G. Capital. Velocity Solutions — a nearly 30-year-old provider of deposit acquisition, customer engagement and intelligent overdraft management software that serves more than 30 million consumers — will be integrated into CSI's suite of products; terms were not disclosed.

Panacea Healthcare Solutions (Firmament-backed) Acquires CBIZ KA Consulting Services

September 17, 2024

Healthcare Services

Firmament-backed Panacea Healthcare Solutions has acquired CBIZ KA Consulting Services, LLC (KA Consulting) to expand its eligibility determination, clinical coding & auditing, and revenue integrity capabilities for U.S. hospitals and health systems. The KA Consulting leadership team will be integrated into Panacea, with George Kelley named President of Panacea’s new KA Consulting division to support expanded revenue integrity and compliance offerings.

Babel Street Acquires Vertical Knowledge

January 22, 2024

Data & Analytics

Babel Street has acquired Vertical Knowledge, a Chagrin Falls, Ohio–based data products and intelligence company, to expand its multilingual data sourcing, enrichment, and analysis capabilities. The deal strengthens Babel Street’s identity intelligence and risk operations offerings; Shea & Company acted as exclusive financial advisor to Vertical Knowledge and investor PSG Equity was a selling party.

Navisite Acquires Velocity Technology Solutions

January 6, 2021

Cloud & SaaS

Navisite, backed by Madison Dearborn Partners, has acquired Velocity Technology Solutions, a global cloud managed service provider headquartered in Charlotte, North Carolina. The acquisition expands Navisite’s managed cloud and enterprise application (ERP) capabilities — adding Velocity’s VCAMP platform, ERP application expertise and broader public-cloud managed services to Navisite’s portfolio.

Velocity Acquires CTI Solutions

November 16, 2020

IT Services

Velocity, a managed services company headquartered in Holland, Ohio, has acquired CTI Solutions, a digital signage and content management technology company based in Overland Park, Kansas. The acquisition is intended to strengthen Velocity’s in-house SaaS development capabilities and expand its digital signage, CMS and interactive touchless solution offerings for hospitality, healthcare, retail and entertainment customers.