M&A Deal Summary

Cal Net Technology Group Acquires inhouseIT

On July 26, 2016, Cal Net Technology Group acquired information technology company inhouseIT

Acquisition Highlights
  • This is Cal Net Technology Group’s 2nd transaction in the Information Technology sector.
  • This is Cal Net Technology Group’s 3rd transaction in the United States.
  • This is Cal Net Technology Group’s 3rd transaction in California.

M&A Deal Summary

Date 2016-07-26
Target inhouseIT
Sector Information Technology
Buyer(s) Cal Net Technology Group
Deal Type Add-on Acquisition

Target

inhouseIT

Costa Mesa, California, United States
inhouseIT is a provider of IT managed and consulting solutions and services. inhouseIT provides IT operations support for on-premise & cloud environments. inhouseIT was formed in 1998 and is based in Costa Mesa, California.

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Buyer(S) 1

Buyer

Cal Net Technology Group

Chatsworth, California, United States

Category Company
Founded 1995
Sector Information Technology
Employees1,000
DESCRIPTION

Cal Net Technology Group, Inc. is a provider of IT services to organizations. Cal Net offers full and partially outsourced IT service and support capabilities, cloud capabilities, infrastructure design and implementation, security services, and unified communications to the Southern California small and medium sized businesses (“SMB”) market. Cal Net Technology Group, Inc. was founded in 1995 and is based in Chatsworth, California.


DEAL STATS #
Overall 3 of 3
Sector: Information Technology M&A 2 of 2
Type: Add-on Acquisition M&A Deals 3 of 3
State: California M&A 3 of 3
Country: United States M&A 3 of 3
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-20 Alpha Actual

Covina, California, United States

Alpha Actual LLC is a cloud based IT services company with a focus on the professional services market. Alpha Actual offers a broad range of technology solutions, including enterprise document management solutions and hosted cloud-based services.

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