IT Services Acquisitions in Pennsylvania

AEA Investors' Small Business Private Equity team has made a majority investment in Magna5, a Canonsburg, Pennsylvania–based managed IT and cybersecurity services provider, with significant reinvestment from Magna5's management team. The partnership will support scaling Magna5's national platform and expanding its cybersecurity, compliance, and AI-enabled capabilities; CEO Bob Farina and the current leadership team will remain in place.

CoreX, a ServiceNow Elite consulting platform backed by NewSpring, has acquired InSource's ServiceNow business unit, with the transaction closing in late December 2025. The deal brings InSource's 1,500+ ServiceNow implementations and strong CSAT to CoreX, more than doubling CoreX's U.S. headcount and expanding delivery capacity and capabilities across North America and Latin America.

Netrix Global has acquired the U.S.-based IT Services business (ITS) of Ricoh USA, Inc., expanding Netrix's managed services, cloud, infrastructure and collaboration offerings and broadening its geographic reach across the Northeast, Mid-Atlantic and Southeast. The deal brings Ricoh's ITS team and customer base into Netrix's cybersecurity and digital transformation platform and is intended to increase scale, technical specialization, and investment in product and talent.

Net at Work, a North American technology advisor, has acquired LLB Partners, an ERP consulting firm founded in 1984 that supports Sage 100, Sage Intacct and Acumatica. The deal expands Net at Work's consulting, development and helpdesk capabilities and provides LLB's 300+ clients access to Net at Work's broader resources and services.

Evergreen has acquired Next7 IT, a 26-person managed service provider based in Pittsburgh, Pennsylvania. Next7 IT will operate under Lyra Technology Group (Evergreen’s MSP portfolio), with COO David Stumph succeeding founder Don Houk as CEO while Houk retires.

GreyLion Partners LP led a growth investment in Slipstream IT, with existing investor Denali Growth Partners participating alongside them. The capital will fund Slipstream’s continued expansion of cloud, CRM, R&D/commercial, AI and information-management capabilities, and support organic growth and potential add-on acquisitions; terms were not disclosed.

Doceo, a York, Pennsylvania–based business technology provider, acquired the Print Technology Division of Philadelphia-based Graffen Business Systems. The acquisition transfers Graffen’s print clients and staff to Doceo as Graffen sharpens its focus exclusively on IT, while Doceo deepens its Philadelphia presence and print-service capabilities across the Mid‑Atlantic.

Nova Advisory, a OneStream Diamond Partner and portfolio company of Century Park Capital Partners, has acquired TLC Technologies, a Platinum OneStream implementation partner based in Bethlehem, Pennsylvania. The deal expands Nova's delivery capacity (bringing the combined team to over 20 OneStream-certified architects), broadens its geographic footprint across North America, and integrates TLC's proprietary NorthStar planning solution into Nova's offerings.

Magna5, a NewSpring Holdings platform company, has acquired Shock I.T. Support, a regional managed IT, cybersecurity and network infrastructure provider based in Bristol, Pennsylvania. The add-on expands Magna5's Mid-Atlantic footprint and adds network and wireless design/installation capabilities as well as a customer base concentrated in home services and biopharma.

Bluewave Technology Group has acquired the advisory division of AVAIL Technology Solutions, expanding Bluewave's presence in the U.S. Northeast and adding AVAIL's expertise in technology procurement and brokered telecom advisory. The deal integrates AVAIL's advisory capabilities across cloud, network, CX, and security into Bluewave's broader technology advisory and sourcing platform to better serve enterprise clients.

Revelstoke Capital Partners has acquired Omega Systems from Pfingsten in a transaction that closed on January 15, 2025. Omega Systems, headquartered in Reading, Pennsylvania, is a managed IT services and cybersecurity (MSP/MSSP) provider serving regulated industries; Revelstoke plans to accelerate Omega's organic and inorganic growth and expand its managed services capabilities.

Renovus Capital Partners has made a majority (control) investment in Performive, a managed IT services provider focused on cloud, infrastructure, and cybersecurity for mid-market enterprises. The capital will be used to accelerate product innovation, enhance customer experience, build the team, and pursue add-on acquisitions as Performive becomes Renovus' first platform from its Renovus IV fund.

ATSG, a RunTide Capital-backed managed services platform, has completed a combination with Evolve IP, with ATSG retaining a controlling majority. Investment funds managed by Morgan Stanley Private Equity Secondaries, through a vehicle managed by RunTide Capital, provided equity financing for the transaction; the combined company will have more than $230 million in revenue and serve approximately 1,700 customers and 950,000 end-users.

Chicago-based private equity firm Frontenac has completed a recapitalization of Pittsburgh-based managed services and cybersecurity provider Ideal Integrations, partnering with founder and CEO Michael Stratos to accelerate organic growth and pursue strategic acquisitions. Nelson Eng, a Frontenac CEO1ST partner, joined Ideal Integrations' board as chairman; financial terms were not disclosed.

Alerify, Inc. has acquired the assets of the Hosting and Internet services business (datacenter/colocation) of Elevated MSP, LLC, effective July 1, 2024. The seller will continue to support the transition through engineering partnership while Alerify—led by founder and CEO Andrew P. Kochanowski—aims to grow hosting and colocation services in South Central Pennsylvania.

UST, a global digital transformation and IT services firm, has acquired Endeavor Consulting Group, a Wayne, Pennsylvania–based life sciences supply chain and SAP consulting firm. The acquisition strengthens UST's life sciences and SAP capabilities, enhancing ERP, quality management, supply chain and product commercialization offerings for pharmaceutical, biopharma and medical device clients.

ListEngage, a Salesforce-focused consultancy and Broadtree portfolio company, has signed a definitive agreement to acquire 1to1, a Salesforce personalization consulting agency led by Pratik Desai. The acquisition expands ListEngage’s Marketing Cloud personalization, integration and AI-driven capabilities to better serve enterprise customers across the Salesforce ecosystem.

CBIZ, Inc. acquired CompuData, Inc., a Philadelphia-based technology solutions provider, effective March 1, 2024. CompuData (founded 1971) provides cloud computing, accounting ERP support, managed IT and security services, has about 60 employees and roughly $20 million in annual revenue; the acquisition expands CBIZ's technology and managed services capabilities for its small- and mid-market clients.

Capgemini has agreed to acquire LiquidHub, a Philadelphia-based digital customer engagement firm, to strengthen its digital consulting and customer experience capabilities in North America. The deal (announced February 5, 2018) aligns with Capgemini's strategy to accelerate its Digital & Cloud portfolio in the region and is reported at roughly two times LiquidHub's 2017 revenues (~€200m).

Salt Creek Capital completed a recapitalization of IT Assist in partnership with CEO Pratik Roychoudhury, providing liquidity for investors and capital to support continued growth. IT Assist is a leading TeamLogic IT franchise operator managing 15 territories from six locations and employs over sixty staff, offering outsourced technology and IT consulting services in the Philadelphia and Raleigh markets.

Coretelligent, a Norwest Equity Partners–backed managed IT services provider, has acquired Advanced Network Products (ANP), a Philadelphia-based managed service provider. The add-on expands Coretelligent's Mid‑Atlantic presence and strengthens its Microsoft/Azure, security, and managed services capabilities for clients in financial services, healthcare, and professional services.

Meriplex, a nationwide managed technology solutions provider based in Houston, has completed an asset acquisition of Pennsylvania-based managed service provider Systems Solution, Inc. (SSI). The deal expands Meriplex's geographic footprint and capabilities in managed IT and cybersecurity for small- and mid-sized businesses across verticals such as senior living and legal.

Pivotal Drive, a portfolio company of Century Park Capital Partners, has completed a strategic merger with OneStream partner Nova CPM. The transaction—Pivotal Drive's first acquisition—doubles the combined firm's size and expands its OneStream implementation and managed‑services capabilities across the U.S., Mexico and Canada.

Encora, a global product engineering services provider backed by private equity, has acquired Excellarate, a Wayne, Pennsylvania–based technology services firm formerly owned by Frontenac. The deal expands Encora's capabilities in AI, analytics, automation and deepens its industry expertise in HealthTech, FinTech and InsurTech while adding Excellarate's ~1,300 engineers and client relationships.

Ark Technology Companies has acquired VerisVisalign, a Blue Bell, Pennsylvania-based Microsoft partner specializing in cloud transformation, managed services, and project delivery. The deal expands Ark's Microsoft cloud capabilities and geographic presence in the mid-Atlantic, and was facilitated by ITX; terms were not disclosed.

11:11 Systems has completed the acquisitions of Sungard Availability Services’ Recovery Services business and Cloud and Managed Services (CMS) business, integrating the brands into 11:11’s suite of cloud, connectivity and security solutions. The deal — executed with backing from Tiger Infrastructure Partners — expands 11:11’s capabilities and customer footprint, positioning the company as a market leader in managed infrastructure and resilience services.

Modus Create, a digital transformation consulting firm, has acquired Promptworks, a Philadelphia-based product and application development firm with expertise in retail, healthcare and life sciences. The deal strengthens Modus Create's product development capabilities and establishes a foothold in the Philadelphia market; Promptworks CEO Greg Sterndale and other senior executives will join Modus Create as advisors.

Bridgepointe Technologies has acquired Cannon Group, a provider of technology lifecycle management, telecom/expense management, strategic sourcing and transition management services. The acquisition (an add-on to Bridgepointe, a portfolio company of Charlesbank Capital Partners) expands Bridgepointe's capabilities and geographic coverage in the Mid-Atlantic and Midwest and adds roughly a 46–50 person professional services team.

Magna5, a NewSpring Holdings platform company, has acquired Interphase Systems, a Philadelphia-based managed IT services provider. The add-on expands Magna5's presence in the Philadelphia metropolitan region and strengthens its capabilities in managed IT, cybersecurity, data recovery and cloud services—notably for life sciences and financial services customers.

Global Oracle partner Inoapps has acquired Pittsburgh-based Tier1, an Oracle services specialist, effective August 1. The deal expands Inoapps' US footprint and bolsters its on-premise Oracle technology, applications, managed services and private cloud capabilities.

iVision (a CIVC-backed technology services company) has acquired Plus+ Consulting, a Pittsburgh-based digital transformation consultancy specializing in Microsoft Cloud and cybersecurity services. The add-on strengthens iVision's Microsoft Cloud and security capabilities and establishes a market presence in the Pittsburgh area.

Nautic Partners has completed a recapitalization of IT Solutions Consulting, Inc. (ITS), a Fort Washington, Pennsylvania–based managed IT services provider, in partnership with ITS management. The investment will fund technology and capability investments (including cybersecurity and cloud), support customer success and technical talent, and accelerate ITS' geographic expansion and M&A activity.

New Era Technology, a global IT managed services provider, has acquired Comstar Technologies, a West Chester, Pennsylvania-based provider of cloud-based phone systems, managed IT services, network infrastructure and cabling, and building systems integration. The seller was Wincove Private Holdings, which had recapitalized Comstar in 2017 and supported several acquisitions as the company shifted toward recurring cloud-based services.

NewSpring Mezzanine provided debt and equity to support the merger of MePush and Indigo Beam, creating Airiam, a managed IT and cybersecurity services platform headquartered in Lewisburg, Pennsylvania. Airiam, with a combined team of 80+ employees, will pursue a buy-and-build M&A strategy to expand its geographic footprint and managed security, consulting, and IT services for SMBs and local municipalities.

HBK CPAs & Consultants has acquired Pittsburgh-based managed services provider Vertical Solutions and will integrate it into its $10 million technology division under the new name Vertilocity. The deal brings Vertical Solutions' MSP expertise and offices (Pittsburgh/Bridgeville, Denver and Clark, New Jersey) into HBK's service offering to expand its IT, ERP and managed services capabilities for its professional services and healthcare clients.

Computer Design & Integration (CDI), a One Equity Partners-backed IT solutions provider, has acquired Candoris, a Salesforce-focused technology and managed services firm based in Annville, Pennsylvania. The add-on acquisition expands CDI's digital services and Salesforce/application development capabilities and strengthens its presence in the Northeastern U.S.

Morae Global Corporation, a Houston-based digital transformation firm for the legal industry, acquired Philadelphia-based information management provider Adaptive Solutions, Inc. The deal strengthens Morae's North American delivery and managed services capabilities for document and information management (including iManage implementations) and follows new funding announced from BlackRock.

Telarus has acquired Chorus Communications, a Philadelphia-area technology consulting and master agent firm, expanding Telarus’s partner coverage and technical capabilities in the greater Philadelphia market. The acquisition brings Chorus’s team and expertise in cloud designs, wide-area network deployments, and partner services into Telarus’s nationwide master agent platform.

Pfingsten Partners made a growth investment in Omega Systems Consultants, a Reading, Pennsylvania-based managed IT and cybersecurity services provider, partnering with founders Bill and Jennifer Kiritsis who retained significant equity. The investment establishes Omega as Pfingsten's platform for managed IT services and is intended to support capability expansion, geographic growth and a pursue add-on acquisition strategy.

Computer Design & Integration LLC (CDI), a portfolio company of One Equity Partners, has acquired Philadelphia-based system integrator Kintyre Solutions, Inc. The add-on strengthens CDI's cloud-native application development, observability (Splunk), cloud optimization and DevSecOps/security engineering capabilities to expand its managed and professional services in the Mid-Atlantic and Eastern U.S.

Computer Design & Integration LLC (a One Equity Partners portfolio company) has acquired High Availability, Inc., a Philadelphia‑area solutions provider and integrator of data center, networking, security, cloud and managed services. The add-on expands CDI's managed services and solution portfolio, adds technical depth (H.A. ~100 employees) and broadens CDI's geographic footprint.

Renovus Capital Partners provided structured capital to finance a management buyout of Futura Mobility, LLC by its CEO, David Gulian. Futura Mobility is a full-service mobile solutions and healthcare IT systems integrator; Renovus said it will partner with management to deepen technical capabilities, accelerate growth and pursue strategic/tuck-in acquisitions. Mufson Howe Hunter & Company served as sell-side advisor to Futura Mobility.

Salt Creek Capital has acquired IT Assist, Inc., a leading TeamLogic IT franchise operator that provides managed IT and consulting services across the greater Philadelphia metro area. Salt Creek plans to support incoming CEO Pratik Roychoudhury and the existing management team to expand the business and capitalize on rising demand for outsourced managed IT and cloud services.

TA Associates has completed a strategic growth investment in Accion Labs, joining existing investor Basil Technology Partners. The capital will support Accion's continued organic growth and M&A-driven expansion as the digital engineering firm scales its U.S. and European presence.

Frontenac, a Chicago-based private equity firm, has acquired Prime Technology Group, a Wayne, Pennsylvania-headquartered provider of outsourced application development and managed software solutions, from Renovus Capital Partners. Balance Point Capital provided a bespoke debt and equity financing package to support Frontenac's acquisition; financial terms were not disclosed. Frontenac said it will invest in strategic growth initiatives, talent and complementary software development capabilities to accelerate Prime's platform maturation and market penetration in healthcare, insurance and financial services.

Black Dragon Capital has acquired SRMS Technologies, a Pennsylvania-based managed services provider to financial institutions, and merged it into ASI Group, a portfolio company and cloud-based solutions provider for the financial services industry. The combined U.S.-based business will operate under ASI Group to expand capabilities and accelerate growth across the Americas, launching with ~150 clients evenly split between Latin America and the United States.

Magna5, a NewSpring Holdings portfolio company, has acquired Pittsburgh-based managed services provider NetServe365 to expand Magna5's managed IT, security and cloud capabilities. The deal is an add-on to Magna5's platform and aims to strengthen security, monitoring and managed services offered to Magna5's predominantly SMB customer base.

CGI completed an all-cash acquisition of Pittsburgh-based Summa Technologies, Inc., a high-end IT consultancy specializing in digital experience, agile software development, mobility and user experience design. The deal adds nearly 200 professionals to CGI's U.S. workforce and expands CGI's capabilities and presence in the Pittsburgh market while bringing Summa's commercial expertise across banking, retail, manufacturing and healthcare into CGI's U.S. operations.

TKO Electronics has acquired Market Point, combining their inventories and vendor relationships to provide a broader selection of IT and printer-related products through a unified web portal. The deal expands TKO's capabilities and adds a new West Coast facility to better serve Market Point’s customers.

Perficient, Inc. has acquired E-Tech Solutions, Inc., an IT consulting firm with approximately $10 million in revenue and roughly 80 employees, to expand Perficient's Mid-Atlantic presence and deepen its capabilities in areas such as business architecture, user experience, mobility, portal, business intelligence and commerce. The deal (approximately $12.2 million consideration: $6.1M cash and $6.1M stock) is expected to be immediately accretive to Perficient's earnings per share.