SharedLabs Acquires iTech US and SmartWorks

September 27, 2017

SharedLabs, Inc. has acquired iTech US, Inc. and its wholly owned subsidiary SmartWorks, LLC from iTech's shareholders, with iTech founder Kishore Khandavalli moving to a board-level role at SharedLabs. The acquisition expands SharedLabs' IT consulting, software services and staff-augmentation capabilities and adds iTech's expertise across the full IT lifecycle.

Buyers
SharedLabs, Inc.
Targets
iTech US, Inc., SmartWorks, LLC
Industry
IT Services
Location
Vermont, United States
Transaction Type
Buyout

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