Divestiture • Information Technology

ATSG Acquires Highstreet Network Solutions

On February 15, 2019, ATSG acquired information technology company Highstreet Network Solutions from Highstreet IT Solutions

Acquisition Context
  • This is ATSG’s 3rd transaction in the Information Technology sector.
  • This is ATSG’s 3rd transaction in the United States.
  • This is ATSG’s 2nd transaction in New York.

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M&A Deal Summary

Date February 15, 2019
Target Highstreet Network Solutions
Sector Information Technology
Buyer(s) ATSG
Sellers(s) Highstreet IT Solutions
Deal Type Divestiture

Target Company

Highstreet Network Solutions

Islandia, New York, United States
Highstreet Network Solutions is a provider of managed IT services and infrastructure engineering. Highstreet Network Solutions is based in Islandia, New York.
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Buyer Overview 1

Buyer

ATSG

Briarcliff, New York, United States

Category Company
Founded 1994
Sector Information Technology
DESCRIPTION

ATSG is a tech-enabled managed services and solutions company focused on innovative solutions to enhance today's digital enterprise and end-user experiences. ATSG provides Intelligent IT through Technology Solutions as a Service (TSaaS) to a variety of customers; leveraging an offerings portfolio of rediTech, rediManage, rediCloud, and rediSecure, which delivers reliable, elastic, dynamic infrastructure, collaboration, applications, as well as world-class IT operations. ATSG was formed in 1994 and is based in Briarcliff, New York.


Deal Context for Buyer #
Overall 3 of 11
Sector: Information Technology 3 of 10
Type: Divestiture 1 of 2
State: New York 2 of 5
Country: United States 3 of 11
Year: 2019 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-20 Quality Technology Solutions

Parsippany, New Jersey, United States

Quality Technology Solutions, Inc. is a Microsoft Gold and Locally Managed Partner. QTS is a leading technology services company offering technology strategy, implementation and support services across the Microsoft stack, with a strong focus on Office 365, Azure, the Enterprise Mobility + Security Suite and Windows 10 deployments and migrations.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-04 ShoreGroup

New York, New York, United States

ShoreGroup, Inc. is an IT lifecycle services and solutions company that simplifies technology challenges for businesses. ShoreGroup empowers organizations to reach their full potential by assessing and understanding a business’s needs and then offering IT solutions right-sized for each individual and wholly unique organization. ShoreGroup was formed in 1999 and is based in New York City.

Buy -

Seller Profile 1

SELLER

Highstreet IT Solutions

McLean, Virginia, United States

Category Company
Founded 1996
Sector Information Technology
DESCRIPTION

Highstreet IT Solutions is a provider of cloud-oriented managed IT services and enterprise software implementation services. The company helps enterprise clients transition to cloud-based IT infrastructure and applications and offers ongoing support for their cloud technologies. Highstreet IT Solutions was founded in 1996 and is based in McLean, Virginia.


Deal Context for Seller #
Overall 1 of 1
Sector: Information Technology 1 of 1
Type: Divestiture 1 of 1
State: New York 1 of 1
Country: United States 1 of 1
Year: 2019 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-03-01 Computer Network Solutions

Plainview, New York, United States

Computer Network Solutions LLC is a full cycle IT management solutions provider - from network design and implementation through monitoring and management.

Buy -