M&A Deal Summary

Buchanan Technologies Acquires Technology

On June 4, 2024, Buchanan Technologies acquired internet software and services company Technology

Acquisition Highlights
  • This is Buchanan Technologies’ 1st transaction in the Internet Software and Services sector.
  • This is Buchanan Technologies’ 1st transaction in the United States.
  • This is Buchanan Technologies’ 1st transaction in Texas.

M&A Deal Summary

Date 2024-06-04
Target Technology
Sector Internet Software and Services
Buyer(s) Buchanan Technologies
Deal Type Add-on Acquisition

Target

Technology

Dallas, Texas, United States
Technology Spa is a hosting services division of a digital marketing company. The Company specializes in cloud platforms like Microsoft 365, AWS, and ServiceNow. Technology Spa was formed in 2015 and is headquartered in Dallas, Texas.

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Buyer(S) 1

Buyer

Buchanan Technologies

Grapevine, Texas, United States

Category Company
Founded 1988
Sector Information Technology
DESCRIPTION

Buchanan Technologies is an IT-managed service provider that focuses on providing support services, IT systems monitoring, field consulting, and professional IT services. Buchanan was founded in 1988 and is based in Grapevine, Texas.


DEAL STATS #
Overall 1 of 2
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (Texas) 1 of 2
Country (United States) 1 of 2
Year (2024) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-09-25 Heartland IT Consulting

Dallas, Texas, United States

Heartland IT Consulting is an IT services firm with primary expertise in Oracle technologies, including Oracle Fusion Applications (OFA), Oracle Cloud Infrastructure (OCI), Oracle EBS, JD Edwards, and PeopleSoft. Heartland IT Consulting is headquartered in Dallas, Texas.

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