IT Services Acquisitions in 2014

First-Tek has acquired iFusionIT, a Pacific Northwest software staffing and consulting firm, in a strategic transaction announced by ACT Capital Advisors. The sellers were iFusionIT's shareholders, and the deal expands First-Tek's staffing and consulting capabilities and presence in the Pacific Northwest.

VMware, Inc. has acquired MomentumSI, Inc., an Austin-based IT consultancy specializing in cloud migration, big data, advanced architecture, and DevOps. 7 Mile Advisors acted as exclusive sell-side advisor; terms were not disclosed. The acquisition expands VMware’s cloud migration and professional services capabilities for enterprise clients.

Denver-based technology and business services firm Tectonic has acquired Chicago-based CRM consultancy Sakonent. The acquisition brings Sakonent’s CRM, marketing automation and analytics expertise into Tectonic’s Insight-to-Action cloud offerings; terms were not disclosed.

Data Strategy, a Grand Rapids-based IT solutions provider, has completed the acquisition of Network Storage Inc., an Indianapolis/Louisville IT solutions firm. The deal expands Data Strategy's regional footprint across the Midwest and combines the two companies' capabilities in data center technologies, security, cloud and managed services into a single organization of nearly 100 employees headquartered in Grand Rapids.

DataArt has acquired AW Systems, a web engineering and consulting firm, and will incorporate the AW Systems team into its operations. The deal enables DataArt to open a development center in Buenos Aires, expanding its global delivery footprint and front-end development and UX capabilities across its key verticals.

DCIM Solutions, LLC — a newly formed partnership between NER Data Corporation and Performance Tuning Corporation (PTC) — has acquired NER's Data Center Solutions Division. The carve-out will operate independently out of Glassboro, New Jersey and was structured to provide working capital to support continued solution development, expanded service support, and sales efforts.

EPAM Systems, Inc. has acquired GGA Software Services LLC, a Cambridge-based provider of scientific informatics and software engineering services for the life sciences industry. 7 Mile Advisors served as exclusive sell-side advisor to GGA in the transaction, which expands EPAM’s capabilities in scientific informatics and life-sciences-focused software services.

Sayers, a Vernon Hills, Illinois–based IT solutions provider focused on data center infrastructure, enterprise security, and networking, completed a recapitalization led by private equity firm Virgo Capital. As part of the transaction Chris Callahan (previously President) was named CEO while founder Gale Sayers becomes Chairman Emeritus; the recapitalization is intended to support Sayers' next phase of growth and operational expansion.

Vology, a North American technology solutions provider, has acquired the Irvine, California-based state, local and education (SLED) division of Govplace. The deal expands Vology's presence and capabilities in the California public-sector market as part of its multi-year growth strategy.

EPAM Systems, Inc. has acquired Netsoft USA (Netsoft Holdings, LLC), a New York–based technology services firm known for application development, UX design and industry-specific solutions. 7 Mile Advisors served as the exclusive sell-side advisor; the deal expands EPAM’s outsourced application development and user-experience capabilities across financial services, healthcare, distribution and life sciences markets.

D-Tech North, LLC (operating as D-Tech Business Solutions) has acquired Pixel Technology Consultants, LLC, a Xerox-authorized dealer serving a contractually protected territory in central Florida. The deal combines two authorized Xerox sales partners to expand D-Tech's geographic footprint and print-management capabilities for small and medium-sized business customers in Florida.