M&A Deal Summary

Optio Data Acquires Great Lakes Computer

On January 1, 2016, Optio Data acquired technology hardware company Great Lakes Computer from Century Technology Group

Acquisition Highlights
  • This is Optio Data’s 1st transaction in the Technology Hardware sector.
  • This is Optio Data’s 1st transaction in the United States.
  • This is Optio Data’s 1st transaction in Michigan.

M&A Deal Summary
Date 2016-01-01
Target Great Lakes Computer
Sector Technology Hardware
Buyer(s) Optio Data
Sellers(s) Century Technology Group
Deal Type Merger

Target

Great Lakes Computer

Grand Rapids, Michigan, United States
website
Great Lakes Computer provides networking products, including switches, routers, security, network management solutions, application acceleration, access control, and optics. Great Lakes Computer was founded in 1987 and is based in Grand Rapids, Michigan.

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Buyer(S) 1

Buyer

Optio Data

Ada, Michigan, United States

website

Category Company
Sector Information Technology
DESCRIPTION

Optio Data is an IT service management company. Optio Data was founded in 2013 and is based in Ada, Michigan.

DEAL STATS #
Overall 1 of 1
Sector (Technology Hardware) 1 of 1
Type (Merger) 1 of 1
State (Michigan) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1

Seller(S) 1

SELLER

Century Technology Group

Investor Investor Investor Investor

website

Category Family Office
Founded 1987
Size Small
Type Sector Focused
DESCRIPTION

Century Technology Group is an investment firm specializing in companies in the technology industry. The Firm seeks businesses focused on growth and financial sustainability. Century Technology Group was founded in 1987 and is headquartered in Ada, Michigan.

DEAL STATS #
Overall 2 of 6
Sector (Technology Hardware) 1 of 1
Type (Merger) 1 of 4
State (Michigan) 1 of 5
Country (United States) 2 of 6
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-06 Network Storage

Indianapolis , Indiana, United States

Network Storage is an IT solutions provider specializing in information management: protection, availability, storage, security and virtualization. Network Storage was founded in 2003 and is based in Indianapolis, Indiana.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-01 Vista IT Group

Grand Rapids, Michigan, United States

Vista IT Group is as alternative to traditional technology procurement channels. Vista IT Group was founded in 1986 and is based in Grand Rapids, Michigan.

Sell -
Mergr

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