M&A Deal Summary

Aker Business Acquires Elarasys

On May 6, 2025, private equity firm Aker Business acquired technology hardware company Elarasys

Acquisition Highlights
  • This is Aker Business’ 2nd transaction in the Technology Hardware sector.
  • This is Aker Business’ 2nd transaction in the United States.
  • This is Aker Business’ 2nd transaction in Illinois.

M&A Deal Summary

Date 2025-05-06
Target Elarasys
Sector Technology Hardware
Buyer(s) Aker Business
Deal Type Buyout (LBO, MBO, MBI)
Advisor(s) Generational Group (Financial)

Target

Elarasys

Elgin, Illinois, United States
Elarasys is a provider of IT hardware and services, specializing in cost-effective solutions for data centers and enterprise environments. The company offers a comprehensive portfolio of new and pre-owned equipment from leading manufacturers including IBM, Cisco, Dell, HP, and Sun Microsystems. Elarasys also delivers IT asset disposition (ITAD), maintenance, leasing, and professional services designed to help clients maximize the value of their IT investments. Committed to quality, sustainability, and exceptional customer service, Elarasys supports organizations across industries in optimizing their IT infrastructure while controlling costs and minimizing environmental impact. Elarasys is headquartered in Elgin, Illinois

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Buyer(S) 1

DESCRIPTION

Aker Business is a hybrid venture capital and private equity platform that invests in transformative growth opportunities across a diverse range of industries. The Firm emphasizes people-first partnerships, backing entrepreneurial teams and supporting long-term value creation. Aker Business is based in Novi, Michigan.


DEAL STATS #
Overall 2 of 2
Sector: Technology Hardware M&A 2 of 2
Type: Buyout (LBO, MBO, MBI) M&A Deals 2 of 2
State: Illinois M&A 2 of 2
Country: United States M&A 2 of 2
Year: 2025 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-05-06 IT Hardware Plus

Elgin, Illinois, United States

IT Hardware Plus provides technology infrastructure solutions for mid-sized and large businesses across the Midwest and beyond. The company specializes in designing and implementing tailored IT strategies that align with each client’s long-term business goals. As an advanced business partner with top industry providers including IBM, HPE, Lenovo, Dell EMC, Nutanix, and Scale Computing, IT Hardware Plus offers a wide range of services such as hyper-converged infrastructure, cloud solutions, disaster recovery, data analytics, and network design. Using a proven five-step approach—understand, evaluate, design, implement, and support—the company delivers optimized results and lasting client partnerships. IT Hardware Plus was founded in 2009 and is based in Elgin, Illinois.

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