New Charter Technologies Acquires Computer Transition Services (CTSI)

January 25, 2024

New Charter Technologies, backed by Palo Alto-based private equity firm Oval Partners, has acquired Computer Transition Services Inc. (CTSI), a security-focused managed IT services provider headquartered in Lubbock, Texas. The acquisition (financial terms not disclosed) expands New Charter's footprint into West Texas and Eastern New Mexico while keeping CTSI’s existing leadership in place to continue operations.

Targets
Computer Transition Services Inc.
Platforms
New Charter Technologies
Industry
IT Services
Location
Texas, United States
Transaction Type
Addon

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