Tortuga Growth Partners-Backed SmarTek21 Acquires IT Avalon

Sole Source Capital-backed Peak Technologies Acquires Avalon Integration

January 10, 2022

IT Services

Sole Source Capital’s portfolio company Peak Technologies has acquired Avalon Integration, a Lebanon, New Jersey-based system integrator focused on digital supply chain, retail and mobile workforce solutions. The add-on expands Peak's geographic reach in the Northeast, strengthens capabilities in healthcare, pharmaceutical and grocery end markets, and creates cross-selling opportunities to enterprise customers; terms were not disclosed.

Avalon (Surge PE) Adds Tower Legal Solutions to Avalon Platform

August 28, 2023

Legal Services

Surge Private Equity has added managed review and legal staffing provider Tower Legal Solutions to its Avalon platform. Tower, headquartered in New York, will augment Avalon's eDiscovery, cybersecurity and litigation support capabilities; the transaction included debt financing from Woodforest National Bank and NorthCoast Mezzanine.

Anatomy IT Acquires Manta HealthTech

March 13, 2024

IT Services

Anatomy IT, a healthcare IT platform and portfolio company of Atlantic Street Capital, has acquired Manta HealthTech, a Minneapolis–St. Paul–area managed IT services firm focused on healthcare subverticals. The deal expands Anatomy IT's capabilities and footprint in specialties including dental and optometry and brings Manta's customers and cybersecurity/HIPAA expertise into Anatomy IT's platform.

Tonka Bay Equity Partners Acquires Corporate Technologies

July 19, 2023

IT Services

Tonka Bay Equity Partners led a majority buyout of Corporate Technologies, a Minneapolis-based managed IT services provider, partnering with CEO Jim Griffith and junior capital provider Northstar Capital. The seller was North Central Equity; Northstar provided debt and an equity co-investment to support the transaction as Corporate Technologies becomes a platform for add-on growth across multiple U.S. markets.

TA Associates Makes Strategic Growth Investment in Ivanti; Clearlake Remains Investor

August 13, 2020

Software

TA Associates has signed a definitive agreement to make a strategic growth investment in Ivanti, joining existing investor Clearlake Capital. The funding will support Ivanti's product innovation, accelerate global and organic growth, and provide capital for continued acquisition activity; management will remain led by CEO Jim Schaper.

New Charter Technologies Acquires ProTech IT

January 28, 2025

IT Services

Denver-based New Charter Technologies, a private equity–backed MSP platform sponsored by Oval Partners, has acquired Melville, New York–based ProTech IT. The add-on deal expands New Charter's geographic presence and brings a customer-forward, profitable client base and capabilities to the New Charter platform; financial terms were not disclosed.