Tracked deals
335
335 tracked deals across 2023.
Tracked deals
335
335 tracked deals across 2023.
Buyer mix
Mixed buyer set
266 strategic · 157 pe
Top trend
Volume peaked in 2026
559 tracked deals announced in 2026.
Buyer Snapshot
Illustrative buyers pulled from tracked transactions on this page. This table is capped and intentionally non-exhaustive.
| Buyer | # Deals | Focus | Type |
|---|---|---|---|
| The 20 MSP | 8 | Growth platform for Managed Service Providers (MSPs) deli... | Strategic (PE-backed) |
| Accenture | 7 | Global professional services and technology company provi... | Strategic |
| Amplix | 6 | Provider of technology advisory services and software to ... | Strategic (PE-backed) |
| Gemspring Capital | 5 | Middle‑market private equity firm providing flexible capi... | PE |
| UPSTACK | 5 | Platform for digital infrastructure that provides technol... | Strategic (PE-backed) |
| BlueAlly Technology Solutions | 4 | IT solutions provider delivering managed services and pro... | Strategic (PE-backed) |
| Mill Point Capital LLC | 4 | Private equity firm focused on control investments in low... | PE |
| VC3 | 4 | Managed IT and cybersecurity services provider serving mu... | Strategic (PE-backed) |
| H.I.G. Capital | 3 | Global alternative investment firm providing equity and d... | PE |
| IT Solutions Consulting, LLC | 3 | Managed services provider offering Managed IT, Managed Se... | Strategic |
Last 10 years
Supporting Data
BPEA EQT Mid‑Market Growth has agreed to acquire a majority stake in Indium Software, a Chennai‑headquartered digital engineering company, from existing shareholders. The fund will partner with CEO Ram Sukumar and Indium's management to scale go‑to‑market efforts and expand next‑generation capabilities across AI, advanced analytics and digital engineering; the deal is expected to close in Q1 2024.
Ntiva, Inc. has acquired Middleground Technologies, a Chicago-based provider of IT solutions founded in 2010 by Isaac Sajjad and Sagar Pandya. The deal expands Ntiva's Midwest footprint and bolsters its managed IT, cybersecurity, and cloud service capabilities for its nationwide client base.
NEORIS, an Advent International portfolio company, has acquired ForeFront, a New Jersey-based Salesforce Summit Partner and cloud consulting specialist. The deal expands NEORIS' Salesforce capabilities and global delivery footprint by integrating ForeFront's IP-based accelerators and industry expertise across manufacturing, healthcare, telecom and automotive end markets.
Heckens & Wood Capital, a lower middle-market private equity firm, has acquired FortifyIT, a Utah-based managed IT, cybersecurity and cloud services consultancy. The deal is Heckens & Wood’s first acquisition as it seeks to build an integrated managed IT services platform; terms were not disclosed.
VC3, a PE-backed managed service provider, has acquired Aberdean Consulting, a veteran-owned IT managed services firm based in Madison, Wisconsin. The add-on expands VC3's Midwest footprint and augments its managed services, cloud and cybersecurity capabilities; Aberdean supports more than 140 client organizations whose combined employees exceed 5,000.
IBM entered into a definitive agreement to acquire StreamSets and webMethods—Software AG’s Super iPaaS enterprise integration and API/data platforms—for €2.13 billion in cash. The deal is expected to close in the second quarter of 2024, subject to customary regulatory approvals and closing conditions.
Custom Computer Specialists (CCS) has acquired Raleigh-based managed services provider Clarity Technology Group and hosted VoIP provider Local Stratus, expanding CCS's footprint in the Mid-Atlantic. The deals add cloud and communications capabilities and broaden CCS's presence and service offering across healthcare, biotech, defense and AEC end markets.
CES Power LLC, backed by private equity firm Allied Industrial Partners, acquired Roundrock Technology, an IT services provider for the entertainment industry. Roundrock will integrate into CES Technologies (CES Power's technology division) to expand connectivity, network infrastructure and event IT capabilities while the company's co-founders remain with the business.
Belgian IT solutions provider Cegeka, through its wholly owned subsidiary Chicago Merger Sub, Inc., completed a tender offer and is acquiring all outstanding shares of Computer Task Group, Incorporated (CTG) for $10.50 per share, making CTG a wholly owned subsidiary. The acquisition expands Cegeka’s global footprint and capabilities across North America, Europe and India and will delist CTG from NASDAQ.
ERP Technology Partners has acquired ValidDatum, Inc., a data management and security consultancy, to expand its enterprise software and digital transformation capabilities. As part of the deal, ValidDatum CEO Steve Saner will become Chief Strategy Officer at ERP Technology Partners and the companies plan to integrate ValidDatum's technologies and roll out advanced data management services through ERP Technology Partners' channels.
Marco Technologies, a St. Cloud, Minnesota-based integrated technology services provider, has acquired INNOVEX, a copier/printer and business IT services provider with locations in Lincoln, Rhode Island and Norwood, Massachusetts. The acquisition expands Marco's East Coast footprint into Rhode Island and Massachusetts and brings INNOVEX employees and clients into Marco's national service network.
IT Solutions Consulting, a Philadelphia-area managed service provider (MSP), has acquired The Network Pro, a West Coast managed IT and security provider dually-headquartered in Anaheim, California and Tucson, Arizona. The deal expands IT Solutions' West Coast presence and strengthens its support capabilities for legal and manufacturing verticals as part of the company's ongoing roll-up strategy.
Intelligent Technical Solutions (ITS), a Tower Arch Capital portfolio company, has acquired OneClick Solutions Group in partnership with OneClick founder and CEO Mark McGarvey. The add-on expands ITS's managed IT services footprint in the San Francisco Bay Area; transaction financing was provided by Deerpath Capital and terms were not disclosed.
Bain Capital‑backed Inetum has acquired London‑headquartered Unifii, the largest independent Elite ServiceNow partner in the United Kingdom and Ireland. The deal strengthens Inetum’s ServiceNow capabilities and European footprint, taking its ServiceNow expert pool in Europe to nearly 500 specialists with more than 2,000 certifications.
An affiliate of H.I.G. Capital has completed the acquisition of Mainline Information Systems, a Tallahassee-headquartered IT solutions provider led by CEO Jeff Dobbelaere. H.I.G. plans to support Mainline's growth through organic initiatives and further acquisitions while the existing management team remains in place.
VC3, a North American managed IT and cybersecurity services provider, has acquired FPA Technology Services, an outsourced IT provider based in Woodland Hills, California. The deal expands VC3's footprint in California and adds FPA's managed IT, strategic planning, and cybersecurity capabilities to VC3's platform.
Insight Enterprises completed the acquisition of SADA, a leading Google Cloud consultancy, for $410 million plus up to $390 million in potential earnouts. The deal adds approximately 850 cloud professionals and strengthens Insight's Google Cloud capabilities, accelerating its multicloud and GenAI service offerings; SADA was purchased from Verse Holdco.
DynTek, Inc. and rSolutions (both portfolio companies of Gallant Capital Partners) have acquired Arctiq, a cloud, DevOps and automation solution integrator. The deal is an add-on to the DynTek/rSolutions platform to expand cloud, automation and cybersecurity capabilities and the three companies will consolidate under a single brand in the coming quarter.
Digital Mass, a Minneapolis-based Salesforce technology firm, has acquired Trail Two, a trio of senior Salesforce development consultants. The acquisition adds experienced Salesforce implementation capability and talent as Digital Mass scales its services for mid-market and enterprise clients.
Seacoast Capital has made its first investment from Seacoast Capital Partners V by providing equity and debt to support a majority recapitalization of Focus Technology Solutions alongside the company's management team. The financing enables a management-led recapitalization, promotes Chris Caprio to CEO, and provides working capital to support Focus's growth in managed IT, cloud and cybersecurity services.
Accenture has acquired Ocelot Consulting, a St. Louis-based cloud consultancy that specializes in full-stack development, data engineering, data science and cloud modernization. The roughly 100-person Ocelot team will join Accenture’s Cloud First/AWS Business Group to expand Accenture’s AWS engineering and data capabilities in the U.S. Midwest; financial terms were not disclosed.
Accenture has acquired Incapsulate, a Washington, D.C.-based digital transformation consulting firm specializing in Salesforce solutions. The deal (terms undisclosed) brings more than 275 Salesforce practitioners and engineers into Accenture's Salesforce Business Group to strengthen its capabilities across public sector, insurance and financial services clients.
International Technology Group (ITG), a global group of Oracle services partners backed by private equity firm IceLake, has acquired Project Partners, LLC. Project Partners, a Half Moon Bay, California-based Oracle ERP and project execution consultancy, will operate independently while collaborating with ITG to expand its Oracle on-premises and Cloud service offerings and global reach.
System One has acquired KeyLogic, a consulting and data-management firm that supports federal agencies in energy, commerce and defense. KeyLogic will operate under GAP Solutions (a System One company) to expand System One’s government-focused capabilities in advanced analytics, data science, DevSecOps and cybersecurity; the seller was private investor Proteus Capital Solutions.
ServicePoint, a portfolio company of Mill Point Capital, has made a strategic investment in INNO4 LLC, a Boston-based technology integrator focused on data infrastructure, audio visual, IT services and managed services. The deal positions INNO4 to continue growing under its existing management team while expanding ServicePoint's geographic reach and service capabilities across the United States and Canada.
CCS (Custom Computer Specialists) announced the acquisition of Net Activity, Inc., a Midwest-based technology services provider. The deal expands CCS’s cloud, communications/collaboration, security, consulting, and managed services capabilities while strengthening its geographic presence in the Midwest.
Compugen Inc. has signed a definitive purchase agreement to acquire Québec-based CPU Service d'ordinateur inc. and its wholly owned subsidiary C.P.U. Design Inc., collectively branded as CPU. The acquisition expands Compugen's presence and capabilities across Québec and Ontario—adding IT infrastructure, service desk, security and cloud expertise—and the CPU name will be retained as "CPU, a Compugen Group of Companies."
Panther Equity Group, alongside Corbel Capital Partners, has completed an investment in Switchbox, Inc., a Columbus, Ohio-based software development and digital IT transformation firm. Founder and CEO Joel Stephens remains a co-owner and will continue to lead the company as the investors provide growth capital and operational support to expand Switchbox's service offerings.
Resources Connection, Inc. (RGP) acquired 100% of CloudGo Pte Ltd., a Singapore‑headquartered digital transformation and Elite ServiceNow partner, and will combine it with RGP's Veracity business to accelerate RGP's digital consulting presence across the Asia Pacific region. CloudGo brings nearly 80 employees and ServiceNow expertise across Singapore, Australia and India, enabling expanded capabilities and regional reach for Veracity and RGP.
Transaction Network Services (TNS) has acquired West Highland Support Services, a market data solutions provider based in Danbury, Connecticut. The deal integrates West Highland’s market-data monitoring, application management and professional services into TNS’ IaaS stack to deliver vendor‑agnostic, end‑to‑end market data solutions for professional traders, institutions and financial services vendors worldwide.
VC3, a Columbia, South Carolina-based managed service provider, has acquired GO Concepts, a Lebanon, Ohio-based provider of managed IT, cybersecurity, business continuity, and cloud services. The acquisition expands VC3's Midwestern footprint and strengthens its capabilities serving government, financial services, and other commercial clients.
Nicus Software, a provider of enterprise IT Financial Management (ITFM) and Technology Business Management (TBM) software, has acquired Proven FM, an IT finance consulting firm, to expand its consulting and managed-services capabilities. As part of the deal, Proven FM founding partner Craig Hollenbeck becomes Senior VP of ITFM Strategy and Bryan Morland becomes Senior VP of Professional Services, and Nicus will offer expanded ITFM/TBM services including managed ITFM/TBM, strategy, and data management.
Calian Group Ltd. has entered into a definitive agreement to acquire 100% of Ottawa-based Decisive Group Inc. for up to CAD$74.7 million, including CAD$50.0 million in cash at closing. The acquisition expands Calian’s IT and Cyber Solutions capabilities—adding managed services, enterprise infrastructure and hybrid cloud expertise—and strengthens its footprint across Canada and select U.S. markets.
UPSTACK has acquired Progressive Communications Management Inc. (PCM), a Fort Lauderdale-based technology services advisory firm; terms were not disclosed. PCM co-founders Bob Matthews and David Weisenberg will join UPSTACK as Partners and Managing Directors. The deal brings PCM's cloud, network, cybersecurity and managed services advisory capabilities onto UPSTACK's digital infrastructure platform as an add-on to accelerate growth and expand service coverage.
Blue Delta Capital Partners has made a minority growth investment in federal IT solutions provider Concept Plus, LLC to support the company’s strategic growth, strengthen its executive leadership team and establish a board of directors. The investment will help Concept Plus expand its capabilities in the Oracle ecosystem and better serve U.S. federal government customers.
East Los Capital has made a majority growth equity investment in IO Connect Services to support expansion of the company's service offerings and engineering staff. IO Connect, an AWS Advanced Tier Partner founded in 2016, will use the investment to accelerate cloud migrations, managed services, cybersecurity and digital transformation work for SMBs and digitally native businesses.
IntelliBridge, a portfolio company of Enlightenment Capital, has acquired RevaComm, Inc. (RVCM), a Hawaii-based digital transformation firm specializing in agile DevSecOps, cloud solutions, and cybersecurity for federal civilian and defense agencies. The deal adds nearly 200 software, cyber, and design professionals and RVCM's SBIR/IDIQ contract vehicles to IntelliBridge's capabilities, strengthening its offerings to DoD and FedCiv customers.
Amplix, a Gemspring Capital-backed technology advisory and services platform, has acquired substantially all assets of TNS Communications LLC, a New Hampshire-based technology advisor serving ~200 enterprise and SMB customers. The add-on expands Amplix’s managed services, connectivity and cloud-telephony capabilities and strengthens its presence in the New England market; terms were not disclosed.
IT Solutions Consulting, a Philadelphia-based managed service provider, has acquired Spade Technology, an MSP headquartered in Mansfield, Massachusetts. The deal expands IT Solutions' national footprint into New England and marks the company’s eighth acquisition (third in 2023), with no financial terms disclosed.
NTT DATA Business Solutions AG, a group company of NTT DATA, has acquired London-headquartered digital transformation provider Sapphire from private equity investor Horizon Capital. The sale generates a 5.0x return and a 50% IRR for Horizon Capital; under Horizon's ownership Sapphire grew revenues from £38m to over £75m and expanded headcount from 250 to over 420.
Vietnamese technology group FPT Corporation has acquired US-based product engineering services firm Cardinal Peak to strengthen its product engineering delivery capabilities in North America. The deal brings FPT 100 experts and a U.S. office while Cardinal Peak will remain an independent entity with access to FPT's global delivery network.
EMK Capital has acquired Servion Global Solutions, a portfolio company of Everstone Capital. Servion is a technology-agnostic provider of customer experience (CX) and digital engineering solutions with over 1,000 employees and a global footprint; BDA Partners acted as exclusive financial advisor to Servion and its shareholders.
Accenture has acquired The Shelby Group, a Schaumburg, Illinois-based procurement technology consultancy, to expand its sourcing and procurement transformation capabilities. The Shelby Group's ~172 sales and delivery professionals will join Accenture's Connected Solutions group; financial terms were not disclosed and WestView Capital Partners completed the sale.
Iron Mountain completed the acquisition of Regency Technologies, a U.S. IT asset disposition (ITAD) and electronics recycling provider, for an initial purchase price of $200 million (approximately $125 million at close, remainder due in 2025) plus a potential performance-based earn-out. The deal expands Iron Mountain’s asset lifecycle management platform with eight additional U.S. locations and strengthens its IT asset remarketing and recycling capabilities, adding a business with trailing four-quarter revenues in excess of $100 million.
Dataprise, a Rockville, Maryland-based managed IT services provider and portfolio company of Trinity Hunt Partners, has acquired PEI, an IT services firm headquartered in Boulder, Colorado. The deal expands Dataprise's national footprint into Colorado, deepens its Microsoft practice expertise, and provides PEI's ~250 clients access to Dataprise's enterprise-grade managed services and cybersecurity capabilities.
Intevity, a Boston-based digital technology consultancy, has acquired Techabo, a Baltimore-founded digital consulting agency specializing in e-commerce platforms and integrations. The acquisition expands Intevity’s e-commerce capabilities and brings Techabo’s experienced team and platform expertise (Shopify, Salsify, ChannelAdvisor) into Intevity’s service offerings.
Closed Loop Partners, via its Closed Loop Leadership Fund, has acquired a majority stake in Sage Sustainable Electronics, a Columbus, Ohio–based IT asset disposition (ITAD) provider. The investment will provide Sage with capital and access to Closed Loop's circular-economy ecosystem to accelerate growth, expand reuse-and-recovery services, and strengthen its position in North America.
Isos Technology has acquired the Atlassian practice of Stack Intelligence to deepen its IT Service Management (ITSM) and Atlassian migration capabilities. The deal advances Isos’s Atlassian growth strategy backed by investor Acacia and increases Isos’s pool of Atlassian-accredited specialists to over 170.
Accenture has signed an agreement to acquire U.K.-based technology consultancy 6point6 to strengthen its cloud, data and cybersecurity capabilities across the U.K. public and commercial sectors. The deal—subject to customary closing conditions and regulatory approval—adds roughly 400 employees and offices in London and Manchester to Accenture’s U.K. footprint; financial terms were not disclosed.
Kinetech, a U.S.-based Mendix and low-code solutions provider, has acquired Low‑Code Integrations and welcomed founder Jeff Watts as Director of Enterprise Services. The acquisition expands Kinetech's Mendix expertise and delivery capacity to support larger digital transformation engagements across financial, industrial, and public-sector clients; financial terms were not disclosed.
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