M&A Deal Summary

The Futurum Group Acquires Techstrong Group

On April 17, 2024, The Futurum Group acquired media company Techstrong Group

Acquisition Highlights
  • This is The Futurum Group’s 1st transaction in the Media sector.
  • This is The Futurum Group’s 4th transaction in the United States.
  • This is The Futurum Group’s 1st transaction in Florida.

M&A Deal Summary
Date 2024-04-17
Target Techstrong Group
Sector Media
Buyer(s) The Futurum Group
Deal Type Add-on Acquisition

Target

Techstrong Group

Boca Raton, Florida, United States
website
Techstrong Group is an omniversal media company covering IT industries and practices that are re-shaping the world of technology. Specifically, DevOps, cloud-native, cybersecurity and digital transformation are the communities we live in. Techstrong Group was founded in 2014 and is based in Boca Raton, Florida.

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Buyer(S) 1

Buyer

The Futurum Group

Austin, Texas, United States

website

Category Company
Sector Business Services
DESCRIPTION

The Futurum Group is an independent tech advisory, media, and research firm that provides technologies and innovation across its clientele of more than 260 global companies. It covers twelve major technology sectors: AI & data analytics, cloud, telecom, policy, consumer electronics, enterprise applications, security, semiconductors, workplace collaboration, sustainability, and CX. The Futurum Group is based in Austin, Texas.

DEAL STATS #
Overall 4 of 4
Sector (Media) 1 of 1
Type (Add-on Acquisition) 4 of 4
State (Florida) 1 of 1
Country (United States) 4 of 4
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-12-14 Gestalt IT

Hudson, Ohio, United States

Gestalt IT is a publisher outlet that produces and distributes content and events for IT practitioners. Gestalt IT was founded in 2009 and is based in Hudson, Ohio.

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