M&A Deal Summary

Arctiq Acquires Summit Partners

On November 14, 2024, Arctiq acquired information technology company Summit Partners

Acquisition Highlights
  • This is Arctiq’s 2nd transaction in the Information Technology sector.
  • This is Arctiq’s 1st transaction in the United States.
  • This is Arctiq’s 1st transaction in Nevada.

M&A Deal Summary
Date 2024-11-14
Target Summit Partners
Sector Information Technology
Buyer(s) Arctiq
Deal Type Add-on Acquisition

Target

Summit Partners

Las Vegas, Nevada, United States
Summit Partners is a full-service IT consulting firm dedicated to helping our clients improve business processes, strengthen IT organizations, and improve bottom-line performance. Summit Partners is based in Las Vegas, Nevada.

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Buyer(S) 1

Buyer

Arctiq

Irvine, California, United States
Category Company
Sector Information Technology
DESCRIPTION

Arctiq is a professional IT services, cybersecurity, and risk management organization. Arctiq delivers exceptional, cost-effective professional IT consulting services, end-to-end IT solutions, managed IT services, and IT product sales to state and local government, educational, healthcare and enterprise customers in the largest IT markets nationwide. Arctiq is based in Irvine, California.

DEAL STATS #
Overall 2 of 2
Sector (Information Technology) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (Nevada) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-30 Arctiq

Toronto, Ontario, Canada

Arctiq is a cloud, DevOps, and automation solution Integrator that empowers clients to achieve high-velocity innovation with emerging technologies that cater to their unique needs and challenges. Arctiq was formed in 2003 and is based in Toronto, Ontario.

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