M&A Deal Summary

BrightWorks IT Acquires RAD Computing

On July 31, 2023, BrightWorks IT acquired information technology company RAD Computing

Acquisition Highlights
  • This is BrightWorks IT’s 3rd transaction in the Information Technology sector.
  • This is BrightWorks IT’s 3rd transaction in the United States.
  • This is BrightWorks IT’s 1st transaction in Connecticut.

M&A Deal Summary

Date 2023-07-31
Target RAD Computing
Sector Information Technology
Buyer(s) BrightWorks IT
Deal Type Add-on Acquisition

Target

RAD Computing

Vernon, Connecticut, United States
RAD Computing provides information technology (IT) services to trusted small- and mid-size businesses across the Northeast. RAD Computing was founded in 2000 and is based in Vernon, Connecticut.

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Buyer(S) 1

Buyer

BrightWorks IT

New York City, New York, United States

Category Company
Founded 2021
Sector Information Technology
DESCRIPTION

Brightworks IT is seeking to build market managed service provider by knitting together top-tier brands with a premium operational infrastructure. Brightworks IT’s network of organizations share resources, best practices, and expertise to deliver quality service to customers and opportunities for employees. BrightWorks IT was founded in 2021 and is based in New York City, New York.


DEAL STATS #
Overall 3 of 3
Sector: Information Technology M&A 3 of 3
Type: Add-on Acquisition M&A Deals 3 of 3
State: Connecticut M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-05 Key Technology Solutions

Wixom, Michigan, United States

Key Technology Solutions provides turnkey managed IT services and solutions for small- and medium- sized businesses. The company has extensive experience supporting its clients’ technology infrastructure by acting as the client’s virtual IT department and services include disaster recovery, backup solutions, system virtualization, security solutions, and hardware and software solutions. Key Technology Solutions was founded in 2003 and is based in Wixom, Michigan.

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