M&A Deal Summary

Valeo Networks Acquires Next I.T.

On May 23, 2022, Valeo Networks acquired information technology company Next I.T.

Acquisition Highlights
  • This is Valeo Networks’ 4th transaction in the Information Technology sector.
  • This is Valeo Networks’ 4th transaction in the United States.
  • This is Valeo Networks’ 1st transaction in Michigan.

M&A Deal Summary
Date 2022-05-23
Target Next I.T.
Sector Information Technology
Buyer(s) Valeo Networks
Deal Type Add-on Acquisition

Target

Next I.T.

Muskegon, Michigan, United States
website
Next I.T. is a Managed Service Provider (MSP) specializing in industry-specific solutions that leverage technology, increase productivity, and reduce the risk for small and medium-sized businesses. It offers a full line of computer hardware, telecommunication equipment, and professional expertise with remote capabilities to install and service systems. Next I.T. is headquartered in Muskegon, MI, with additional Kalamazoo and Traverse City branches.

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Buyer(S) 1

Buyer

Valeo Networks

Scottsdale, Arizona, United States

website

Category Company
Sector Information Technology
DESCRIPTION

Valeo Networks, Inc. is a Managed Service Provider (MSP) from information technology (IT) consulting to cloud migration, and from security to server virtualization. Valeo Networks is based in Scottsdale, Arizona.

DEAL STATS #
Overall 4 of 5
Sector (Information Technology) 4 of 5
Type (Add-on Acquisition) 4 of 5
State (Michigan) 1 of 1
Country (United States) 4 of 5
Year (2022) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-08 On Time Tech

San Francisco, California, United States

On Time Tech is an IT Support and Computer Services company providing expert, economical managed IT, cloud hosting, network security, and backup solutions for small to mid-size businesses. On Time Tech was founded in 2004 and is based in San Francisco, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-01 Alura Business Solutions

Plymouth Meeting, Pennsylvania, United States

Alura Business Solutions provides IT solutions for organizations in a number of markets, including manufacturing, non-profit, and healthcare. Alura Business Solutions was founded in 2005 and is based in Plymouth Meeting, Pennsylvania.

Buy -
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