M&A Deal Summary

Ntiva Acquires Purple Guys

On April 30, 2024, Ntiva acquired information technology company Purple Guys from Kian Capital Partners

Acquisition Highlights
  • This is Ntiva’s 13th transaction in the Information Technology sector.
  • This is Ntiva’s 15th transaction in the United States.
  • This is Ntiva’s 1st transaction in Louisiana.

M&A Deal Summary
Date 2024-04-30
Target Purple Guys
Sector Information Technology
Buyer(s) Ntiva
Sellers(s) Kian Capital Partners
Deal Type Add-on Acquisition

Target

Purple Guys

Metairie, Louisiana, United States
Purple Guys is an IT-managed service provider with a full suite of services and solutions for small and mid-size businesses. Purple Guys was founded in 2000 and is based in Metairie, Louisiana.

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Buyer(S) 1

Buyer

Ntiva

Mclean, Virginia, United States
Category Company
Founded 2004
Sector Information Technology
DESCRIPTION

Ntiva provides a full suite of outsourced IT services, including onsite support, remote monitoring, cloud services, backup and disaster recovery, and strategic consulting. The company enables its customers to outsource their IT infrastructure, allowing them to improve their performance, reduce costs and enhance security. Ntiva was founded in 2004 and is based in Mclean, Virginia.

DEAL STATS #
Overall 15 of 15
Sector (Information Technology) 13 of 13
Type (Add-on Acquisition) 15 of 15
State (Louisiana) 1 of 1
Country (United States) 15 of 15
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-12-22 Middleground Technologies

Westchester, Illinois, United States

Middleground Technologies is a provider of IT services in the Midwest US. The Company designs custom IT support plans for SMB, healthcare facilities, enterprises, and nonprofits. Middleground Technologies was formed in 2010 and is based in Westchester, Illinois.

Buy -

Seller(S) 1

SELLER

Kian Capital Partners

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2011
PE ASSETS 825M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Kian Capital Partners is a private equity firm focused on providing equity and junior capital to support growth, buyouts, shareholder liquidity needs, recapitalizations, divestitures, and refinancings of profitable lower middle-market companies with up to $150 million in revenue. Kian will consider opportunities throughout the US and seeks businesses operating in the business services, distribution, healthcare services, and niche manufacturing sectors. Kian Capital Partners was formed in 2011 and is based in Charlotte, North Carolina.

DEAL STATS #
Overall 11 of 11
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 4 of 4
State (Louisiana) 1 of 1
Country (United States) 11 of 11
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-08-17 PARC Auto

Louisville, Kentucky, United States

PARC Auto is a franchisee of meineke car care centers that provides general automotive repair and maintenance with services including oil changes, brake and suspension repair, exhaust services, tire replacement, fluid changes and more. PARC Auto is based in Louisville, Kentucky.

Buy -
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