Tracked deals
105
105 tracked deals across 2014-2026.
Tracked deals
105
105 tracked deals across 2014-2026.
Buyer mix
Mixed buyer set
74 strategic · 56 pe
Top trend
Volume peaked in 2025
18 tracked deals announced in 2025.
Primary Insight
Build a buyer list for your IT Services deal
Find buyers actively acquiring it services companies.
Find buyers like these for your dealBuyer Snapshot
Illustrative buyers pulled from tracked transactions on this page. This table is capped and intentionally non-exhaustive.
| Buyer | # Deals | Focus | Type |
|---|---|---|---|
| Ntiva, Inc. | 5 | Provider of managed IT, cybersecurity, strategic consulti... | Strategic (PE-backed) |
| M/C Partners | 3 | Private equity firm focused on communications, informatio... | PE |
| Mill Point Capital LLC | 3 | Private equity firm focused on control investments in low... | PE |
| Southfield Capital | 3 | Lower middle market private equity firm focused on outsou... | PE |
| Accenture | 2 | Global professional services company providing strategy, ... | Strategic |
| Ascend Technologies | 2 | Midwest IT solutions provider and managed services provid... | Strategic (PE-backed) |
| Cognizant | 2 | Global IT services and consulting company focused on digi... | Strategic |
| GenNx360 Capital Partners | 2 | Private equity firm focused on middle-market B2B companie... | PE |
| IBM | 2 | Global technology and consulting company specializing in ... | Strategic |
| Pamlico Capital | 2 | Private equity firm focused on control-oriented growth eq... | PE |
Last 8 years
Supporting Data
Loop Payments, Inc. acquired StrategIQ Commerce, a provider of real-time data and visibility solutions for supply chain management in the freight and parcel industry. The sale was completed in October 2025, and Mesirow served as the exclusive financial advisor to StrategIQ.
Global Water Technology, Inc. (GWT) announced it is acquiring Enerstar, Inc., a technically driven water and energy services firm based in Elmhurst, Illinois. The deal is designed to integrate Enerstar’s proprietary field enablement platform, related intellectual property, and team into GWT’s national Water & Energy Services platform to improve technical consistency and scalable field execution.
Rexel has signed a definitive agreement to acquire Revere Electrical Supply, an Illinois-based industrial automation distributor and authorized Rockwell Automation reseller. The acquisition expands Rexel’s Midwest footprint (Illinois and Wisconsin) and is expected to be immediately accretive, creating value by the third year.
Telephone and Data Systems, Inc. (TDS) submitted a proposal to acquire all outstanding shares of Array Digital Infrastructure, Inc. (Array) not already owned by TDS in an all-stock merger. Under the proposal, Array shares would be exchanged for 0.86 shares of TDS each, subject to negotiation of definitive documents and customary approvals.
COEO Solutions, a Riata Capital Group portfolio company, acquired S-NET Communications to expand its managed network, cloud communications, and managed IT platform for multi-location mid-market enterprises. The deal adds S-NET’s AI-powered contact center platform and deep vertical expertise in hospitality, QSR/franchise, and healthcare. Financial terms were not disclosed.
Main Street Capital Corporation and its co-investor MSC Income Fund, Inc. completed a follow-on investment totaling $15.6 million in UBM ParentCo, LLC (doing business as United Business Mail, or UBM). The additional first lien, senior secured term debt investment is intended to support UBM’s strategic acquisition of a national, asset-light palletized mail consolidation and optimization services provider, along with freight brokerage and warehousing/distribution capabilities.
Olympus Partners signed a definitive agreement to acquire a majority ownership stake in NTI Connect, LLC d/b/a Network Connex from ORIX Capital Partners. Network Connex is a national provider of fiber installation and mission-critical digital infrastructure services for hyperscalers, cloud operators, and large enterprises supporting AI and next-generation data center buildouts.
UL Solutions Inc. entered into a definitive agreement to acquire Eurofins Scientific SE’s electrical and electronics (E&E) business, including the MET Labs certification mark, for an enterprise value of approximately €575 million (about $670 million). The deal is expected to close in Q4 2026, subject to regulatory approvals and customary closing conditions.
Sikich acquired Burwood Group, a Chicago-area IT consulting and integration firm with nearly 30 years of experience serving enterprise clients. The deal is intended to strengthen Sikich’s IT consulting and integration capabilities and expand end-to-end services across business advisory, technology modernization, and governance for regulated industries.
FormativGroup, backed by Rockbridge Growth Equity, acquired Flok, a Salesforce-focused consulting firm specializing in Service Cloud and Experience Cloud work. The acquisition is intended to deepen FormativGroup’s “Application Solutions” capabilities and expand its Salesforce advanced delivery expertise for customer support transformation and regulated-industry implementations.
Liventus announced that it acquired Tamarack, an equipment finance technology and professional services company with a suite of seven specialized products. The transaction completed on March 31, 2026 and combines Liventus’s AI-accelerated engineering capabilities with Tamarack’s platforms to serve equipment finance organizations across modernization, integrations, compliance, syndication, and portfolio intelligence.
Sterling Engineering announced it has acquired Absolute Machine Control Technologies, Inc. (AMCT), a Rockford, Illinois-based controls engineering and control system integration provider. The acquisition is intended to expand Sterling Engineering’s automation capabilities and deepen its expertise in machine controls, including PLC/HMI programming, electrical design, and retrofits.
RB Global, Inc. entered into a definitive agreement to acquire BigIron Auction Company, expanding RB Global’s marketplace reach into the U.S. agriculture sector. BigIron operates an agriculture-focused online auction marketplace connecting buyers and sellers of agricultural equipment, land, livestock, and related farm and ranch assets, and is expected to continue as a stand-alone brand after closing.
Ares Management has closed an $850 million single-asset continuation vehicle for Convergint Technologies, extending its long-running investment in the global, technology-enabled security and safety solutions systems integrator. Leonard Green & Partners led and fully underwrote the Sage Fund continuation vehicle, while Ares also made a substantial new investment, maintaining shared control alongside existing co-sponsors.
Concentric Equity Partners, a Chicago-based private investment firm, has acquired Aleysian, a Salesforce implementation and advisory firm. As part of the transaction Aleysian named Jon Klinepeter as CEO and moved former CEO Dustin Ward into the COO role to support scaled delivery and accelerated investments in Salesforce capabilities.
Protera has acquired Redfig, an SAP-focused business transformation firm, to broaden its enterprise IT modernization, SAP BTP and AI automation capabilities. The deal strengthens Protera's delivery offerings across cloud migration, SAP modernization, intelligent workflows and end-to-end data integration to better support enterprise customers pursuing AI-driven transformation.
AVANT, a Chicago-based technology services distributor and sales-enablement platform for Trusted Advisors, received a strategic growth investment from Court Square Capital Partners with a reinvestment from existing partner Pamlico Capital. The founders and executive leadership retain significant ownership and will continue to run the business as the new capital will be used to scale AVANT's platform, capabilities, and support continued growth initiatives.
ZS, a global management consulting and technology firm, announced its acquisition of Torrent Consulting, a Salesforce consulting partner specializing in multi-cloud implementations of Health Cloud, Life Sciences Cloud, and Agentforce. The deal is intended to combine Torrent’s Salesforce delivery capabilities with ZS’s healthcare, data, and AI expertise to accelerate healthcare and life sciences CRM transformations.
Cognizant has entered into a definitive agreement to acquire 3Cloud, an independent Microsoft Azure services provider and Azure-dedicated AI enablement firm. The deal is expected to close in the first quarter of 2026, subject to regulatory approvals and other customary closing conditions.
Tenex Capital Management has made a growth investment in Sentinel Technologies, a Chicago-based provider of IT solutions, managed services, and managed security services. The investment closed on November 3, 2025; Sentinel, which employs nearly 700 people, will use the capital to accelerate growth and expand its service capabilities across education, healthcare, government, financial services, and other end markets.
Platinum Equity completed its acquisition of Anuvu, a provider of in-flight entertainment and high-speed connectivity solutions for mobility markets. The deal was previously announced in August 2025 and supports Anuvu’s next chapter of growth and technological innovation, though financial terms were not disclosed.
Molex has completed the acquisition of Smiths Interconnect, a subsidiary of Smiths Group plc, expanding Molex’s portfolio of high-reliability connectivity solutions. The deal adds ruggedized custom connectors, RF components, optical transceivers, and semiconductor test capabilities, strengthening Molex’s reach across aerospace and defense, medical, and AI-driven infrastructure use cases.
Insight Enterprises, Inc. has acquired Inspire11, a Chicago-based business transformation and technology delivery firm focused on delivering measurable ROI from AI technologies. The deal strengthens Insight’s Solutions Integrator strategy by expanding data, AI, and outcome-driven custom solution capabilities.
Integrated Health Systems, a portfolio company of Traverse Pointe Partners, has acquired ProviNET Solutions, a Tinley Park, Illinois-based IT solutions and managed services provider serving senior living and broader commercial customers. The add-on transaction closed on August 29, 2025 (terms undisclosed) and is intended to deepen managed‑IT capabilities and scale in the post‑acute/senior living market.
Riata Capital Group led a recapitalization of COEO Solutions alongside Founder & CEO Eric Wince, President Frank Ruffolo, and the company's management team. The investment will support COEO's accelerated expansion of its managed network and cloud communications offerings for small- and mid-sized multi-location enterprises and enable organic growth as well as strategic add-on activity.
Improving has acquired DragonSpears, a Chicago-based custom software development and DevOps consultancy, to bolster its Midwest presence and increase annualized revenue above $285 million. DragonSpears' leadership will remain in place and the business will operate within Improving's portfolio; Improving is partnered with private equity firm Trinity Hunt Partners.
Shamrock Capital (via its newly launched Clover Fund) has made a growth investment in Neocol, a Chicago-based Salesforce and AI-driven sales consulting and services firm. Salesforce Ventures, an existing investor since 2023, will remain a shareholder as Shamrock partners with Neocol to support organic and inorganic growth initiatives.
Aker Business, Inc. acquired Elarasys Worldwide, LLC and IT Hardware Plus, LLC, both Elgin, Illinois-based providers of IT hardware, resale/refurbishment and infrastructure services. The transaction, announced by Generational Group, closed on May 6, 2025 and expands Aker Business’s platform in IT services and technology infrastructure solutions.
DecisionPoint Technologies has acquired Imprint Enterprises, a family-owned provider of custom barcode labels, ribbons, and related consumables, to expand its consumables portfolio and Midwest operations. The acquisition strengthens DecisionPoint's barcode, RFID and printing capabilities and adds locations in Chicago/Aurora and Minneapolis to support customers in retail, supply chain, manufacturing and healthcare across North America.
Comcast Business completed its acquisition of Nitel, a Chicago-headquartered U.S. managed services provider, expanding Comcast Business’ enterprise connectivity and secure networking capabilities. Comcast Business acquired Nitel from international private equity firm Cinven to strengthen its offerings in network, cloud, and cybersecurity solutions for mid-size enterprise clients.
Brycer, a provider of inspection, testing and maintenance (ITM) compliance software and services, announced a strategic growth investment from TA Associates. The funding is intended to accelerate Brycer’s growth by enhancing its technology platform, increasing staff, pursuing strategic M&A, and expanding its service offerings across North America.
IBM announced its intent to acquire Applications Software Technology LLC, a global Oracle consultancy focused on Oracle Cloud Applications transformations, including public sector clients. The acquisition is expected to close in the first quarter of 2025, subject to customary closing conditions and regulatory approvals, and financial terms were not disclosed.
Bounteous and Accolite have merged to form a combined digital transformation services consultancy that will operate globally under the Bounteous brand, backed by New Mountain Capital. The combined company is based in Chicago, will be roughly 5,000 employees strong across the Americas, EMEA and APAC, and expands capabilities across digital engineering, cloud, data & AI, experience design and commerce.
ACP CreativIT has acquired Mindsight, a Downers Grove, Illinois-based IT consulting firm known for Cisco expertise, cloud services, cybersecurity, and managed services. The deal expands ACP CreativIT’s Midwest footprint and technical capabilities by adding Mindsight’s team of over 50 professionals and strengthening managed services, cloud and security offerings for mid-market clients.
Apax Partners’ funds completed the acquisition of Thoughtworks for approximately $1.75 billion, taking the company private at $4.40 per share (a 48% premium to the 30‑day VWAP). Thoughtworks will no longer trade on NASDAQ and will operate as a privately held company as it focuses on long‑term strategy and expanding its AI‑enabled software and data engineering services.
Egen, a Recognize portfolio company, has acquired Qarik, a Google Cloud Premier Partner, to deepen its cloud, data and AI capabilities and accelerate client digital transformations. The combined business will operate under the Egen brand, with Joe Schenk (founder of Qarik) becoming Chief Client Officer and the enlarged team providing expanded Google Cloud expertise across multiple industries.
Xerox Holdings agreed to acquire ITsavvy, an Oak Brook, Illinois-based provider of integrated IT infrastructure solutions and services, for $400 million (including $180 million cash and $220 million in secured promissory notes). The deal was expected to close in Q4 2024 and is described as subject to customary regulatory approvals/clearance until completion.
n2 Group, the parent company of NAG, has acquired BioTeam, a life sciences and healthcare scientific computing consultancy. BioTeam will operate as an independent business within n2 Group, maintaining its brand while gaining access to group-level support and collaboration with other n2 companies to expand computing capabilities for biotech, pharma, government and academic clients.
ServicePoint, a portfolio company of Mill Point Capital, has completed the carve-out acquisition of High Wire Networks Inc.'s Technology Services Division (HWTS). The add-on expands ServicePoint's channel-focused service capabilities, diversifies its customer base, and strengthens its multi-site deployment, networking and cabling service delivery.
TechTorch has acquired AstuteForce, a Salesforce-focused services firm, to strengthen its Salesforce capabilities and expand its Commercial Excellence practice. Hemant Jain, former CEO of AstuteForce, will become President of TechTorch's Commercial Excellence practice as the firms integrate Salesforce, CPQ, and commercial operations expertise with TechTorch’s AI-driven accelerators.
Evergreen, via its ERP branch Pine Services Group, acquired Solution Systems, Inc. (SSI), a Microsoft Gold Partner and long-running Microsoft Dynamics implementer. SSI will operate independently under Evergreen's "forever hold" model and join Pine Services Group to scale Evergreen's presence in the Microsoft Dynamics channel; financial terms were not disclosed.
ReachOut Technology, a Mokena, Illinois-based IT services and cybersecurity firm, has acquired Singer Networks LLC, a Skokie, Illinois–based MSP specializing in healthcare IT. Financial terms were not disclosed; the deal expands ReachOut’s presence in healthcare-focused IT and cybersecurity services and brings Singer Networks’ founder Lisa Singer into the ReachOut organization.
ServicePoint, a portfolio company of Mill Point Capital, has acquired SmartSource LLC, a St. Charles, Illinois-based provider of IT staffing, multi-site deployment and technical solutions. The add-on expands ServicePoint's service capabilities, customer reach and operational scale across its U.S. footprint while SmartSource's founders and management will remain to continue growth.
H.I.G. Capital announced that an affiliate has signed a definitive agreement to acquire Alight, Inc.’s Payroll and Professional Services Business for up to $1.2 billion. The transaction is expected to close by mid-year and is structured as $1 billion in cash plus up to $200 million in seller notes, subject to customary closing conditions.
Summit, a leading cloud hosting provider backed by Silver Oak Services Partners, has acquired Deft (formerly ServerCentral), a managed data center and cloud services provider. The deal adds Deft's colocation, data center footprint and network services to Summit's cloud hosting platform while Deft founders join Summit's leadership and retain significant ownership.
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.
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.
KaarTech, a global digital transformation and SAP-focused consulting firm, has acquired Dunn Solutions Group Inc., a Chicago-based digital commerce and customer experience consultancy. The deal expands KaarTech's customer experience and digital commerce capabilities and extends its geographic footprint in the United States and India; the transaction was facilitated by Eiliant Advisors.
Hero Digital, a customer experience transformation company and portfolio company of AEA Investors, has acquired Avionos, a Chicago-based digital technology consultancy specializing in Salesforce and Adobe B2B commerce and marketing. The acquisition combines Hero Digital's strategy, creative, marketing, and technology capabilities with Avionos' technical expertise to create a stronger digital experience and commerce practice; Hero Digital will move its headquarters to Chicago. Canaccord Genuity served as exclusive financial advisor to Avionos.
Evergreen Services Group has acquired Western Computer, a Microsoft Gold Cloud partner and reseller of Microsoft Dynamics 365, CRM, and ERP systems. Western Computer will operate independently inside Evergreen’s ERP partner portfolio while its president Linda Collins retires and CEO Tom Bardos leads a transition to a new CEO as part of the integration and growth plan.
Full Export
Get the full acquisitions list for this page as CSV + XLSX.
Find buyers actively acquiring it services companies.
Recent Illinois announcements cover managed network/cloud communications, Salesforce consulting (Service/Experience Cloud), mission-critical fiber and digital infrastructure services, and automation/controls integration, along with technology-enabled services and platforms.
Yes. Global Water Technology, Inc.’s acquisition of Enerstar, Inc. is designed to integrate Enerstar’s proprietary field enablement platform, along with related intellectual property and team resources.
Yes. Telephone and Data Systems, Inc. (TDS) proposed acquiring the remaining shares of Array Digital Infrastructure, Inc. in an all-stock merger, and Olympus Partners agreed to acquire a majority stake in Network Connex for fiber installation and mission-critical digital infrastructure services.
They do. FormativGroup acquired Flok to expand Salesforce Service Cloud and Experience Cloud expertise, and Concentric Equity Partners acquired Aleysian, a Salesforce implementation and advisory firm.