M&A Deal Summary

Centroid Systems Acquires Qbit

On June 18, 2024, Centroid Systems acquired information technology company Qbit

Acquisition Highlights
  • This is Centroid Systems’ 4th transaction in the Information Technology sector.
  • This is Centroid Systems’ 1st transaction in Argentina.

M&A Deal Summary
Date 2024-06-18
Target Qbit
Sector Information Technology
Buyer(s) Centroid Systems
Deal Type Add-on Acquisition

Target

Qbit

Martínez, Argentina
Qbit provides integral management solutions services to businesses and offers full coverage of Oracle ERP products. Qbit was formed in 2000 and is based in Martínez, Argentina.

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Buyer(S) 1

Buyer

Centroid Systems

Troy, Michigan, United States
Category Company
Founded 1997
Sector Internet Software and Services
DESCRIPTION

Centroid Systems is a provider of managed cloud-services and enterprise workload consulting services. Centroid Systems was founded in 1997 and is based in Troy, Michigan.

DEAL STATS #
Overall 4 of 4
Sector (Information Technology) 4 of 4
Type (Add-on Acquisition) 4 of 4
Country (Argentina) 1 of 1
Year (2024) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-03-07 Intelletive

Burnsville, Minnesota, United States

Intelletive is a technology consulting company with core competencies in DevOps, specifically automating the deployment of software and infrastructure, full-stack software development, and AI/ML solutions. Intelletive was formed in 2008 and is based in Burnsville, Minnesota.

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