M&A Deal Summary

Rimstorm Acquires Elevative Networks

On April 20, 2022, Rimstorm acquired information technology company Elevative Networks

Acquisition Highlights
  • This is Rimstorm’s 1st transaction in the Information Technology sector.
  • This is Rimstorm’s 1st transaction in the United States.
  • This is Rimstorm’s 1st transaction in Virginia.
Investment Fate
  • Elevative Networks was divested to a consortium of strategic buyers in 2025.

M&A Deal Summary

Date 2022-04-20
Target Elevative Networks
Sector Information Technology
Buyer(s) Rimstorm
Deal Type Add-on Acquisition

Target

Elevative Networks

Vienna, Virginia, United States
Elevative Networks is a provider of managed IT and security services. The Company provides comprehensive professional IT services for organizations looking for a single technology provider offering predictable results for a predictable fee. Elevative Networks was founded in 2004 and is based in Vienna, Virginia.

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Buyer(S) 1

Buyer

Rimstorm

Herndon, Virginia, United States

Category Company
Founded 2018
Sector Information Technology
DESCRIPTION

Rimstorm provides cybersecurity solutions for defense contractors seeking compliance with the new Cybersecurity Maturity Model Certification (CMMC) standard and NIST 800-171. Rimstorm was founded in 2018 and is based in Herndon, Virginia.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Virginia M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2022 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-03-13 Elevative Networks

Vienna, Virginia, United States

Elevative Networks is a provider of managed IT and security services. The Company provides comprehensive professional IT services for organizations looking for a single technology provider offering predictable results for a predictable fee. Elevative Networks was founded in 2004 and is based in Vienna, Virginia.

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