M&A Deal Summary

Alta Technologies Acquires Kontio Systems

On October 11, 2022, Alta Technologies acquired business services company Kontio Systems

Acquisition Highlights
  • This is Alta Technologies’ 1st transaction in the Business Services sector.
  • This is Alta Technologies’ 1st transaction in the United States.
  • This is Alta Technologies’ 1st transaction in Minnesota.

M&A Deal Summary

Date 2022-10-11
Target Kontio Systems
Sector Business Services
Buyer(s) Alta Technologies
Deal Type Add-on Acquisition

Target

Kontio Systems

Minneapolis, Minnesota, United States
Kontio Systems is a retailer of an enterprise workstations, servers, switches, and data storage equipment. Kontio Systems is based in Minneapolis, Minnesota.

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Buyer(S) 1

Buyer

Alta Technologies

Plymouth, Minnesota, United States

Category Company
Founded 1995
Sector Business Services
DESCRIPTION

Alta Technologies is a buyer & seller of new and refurbished corporate IT equipment, from desktops and laptops to used servers, networking, and data storage hardware for the enterprise. Alta Technologies was founded in 1995 and is based in Plymouth, Minnesota.


DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Minnesota M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2022 M&A 1 of 1