M&A Deal Summary

Netrix Acquires BTB Group

On January 18, 2022, Netrix acquired information technology company BTB Group

Acquisition Highlights
  • This is Netrix’s 3rd transaction in the Information Technology sector.
  • This is Netrix’s 3rd transaction in the United States.
  • This is Netrix’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2022-01-18
Target BTB Group
Sector Information Technology
Buyer(s) Netrix
Deal Type Add-on Acquisition
Advisor(s) Falcon Capital Partners LLC (Financial)
Cozen O'Connor (Legal)

Target

BTB Group

Bala Cynwyd, Pennsylvania, United States
website
BTB Group is a cybersecurity and digital forensics solutions company that provides an extensive range of services for information security and digital forensics targeted at small and mid-sized enterprise customers. BTB Security’s offerings encompass all aspects of information security and computer forensics from recurring managed detection and response services to virtual CISO services, as well as project-based solutions ranging from penetration testing to digital forensic investigations. BTB Group was formed in 2006 and is based in Bala Cynwyd, Pennsylvania.

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Buyer(S) 1

Buyer

Netrix

Bannockburn, Illinois, United States

website

Category Company
Founded 1989
Sector Information Technology
DESCRIPTION

Netrix is a provider of cloud infrastructure, collaboration, data, and development services and solutions to small and midsize enterprise customers. Through an offering spanning professional and managed services, as well as the resale of third-party hardware and software, Netrix designs, implements, and supports leading-edge, mission-critical information technology solutions. Netrix was formed in 1989 and is based in Bannockburn, Illinois.

DEAL STATS #
Overall 3 of 4
Sector (Information Technology) 3 of 4
Type (Add-on Acquisition) 2 of 3
State (Pennsylvania) 1 of 1
Country (United States) 3 of 3
Year (2022) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-08 PSC Group

Schaumburg, Illinois, United States

PSC Group is an IT consulting firm focused on enabling strategic business technology-driven tools, processes, and objectives that help companies improve and grow their value. The company process begins in the way they listen and ends with clients experiencing a greater return on their technology investment. PSC Group was formed in 1990 and is based in Schaumburg, Illinois.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-17 Edrans

Buenos Aires, Argentina

Edrans is a solutions provider focused on harnessing the power of the cloud for midsize enterprise clients. Edrans provides a wide range of enterprise cloud solutions, including strategy, migration, application modernization, development, recurring cloud managed services, DevOps-as-a-Service, and cloud cost optimization solutions. Edrans was founded in 2009 and is based in Buenos Aires, Argentina.

Buy -
Mergr

Product

Company

Legal