M&A Deal Summary

Comstar Technologies Acquires Technology Solutions

On October 12, 2021, Comstar Technologies acquired information technology company Technology Solutions

Acquisition Highlights
  • This is Comstar Technologies’ 1st transaction in the Information Technology sector.
  • This is Comstar Technologies’ 3rd transaction in the United States.
  • This is Comstar Technologies’ 1st transaction in Michigan.

M&A Deal Summary

Date 2021-10-12
Target Technology Solutions
Sector Information Technology
Buyer(s) Comstar Technologies
Deal Type Add-on Acquisition

Target

Technology Solutions

Livonia, Michigan, United States
Technology Solutions is a provider of IP telephony and IT managed services. Technology Solutions was founded in 1995 and is based in Livonia, Michigan.

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Buyer(S) 1

Buyer

Comstar Technologies

West Chester, Pennsylvania, United States

Category Company
Founded 1989
Sector Information Technology
DESCRIPTION

Comstar Technologies is a full-service provider of technology and telecommunications services to corporate and institutional customers. The company’s services include cloud-based VOIP (voice-over-internet protocol) phone systems, the installation, and maintenance of traditional phone systems, managed IT services, network infrastructure and cabling, and the integration of security, fire, and A/V systems. Comstar Technologies was founded in 1989 and is based in West Chester, Pennsylvania.


DEAL STATS #
Overall 3 of 3
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 3
State: Michigan M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-06 Comtel VoIP

Tonawanda, New York, United States

Comtel VoIP is a locally owned and operated cloud and premise provider of unified communications solutions in WNY and the US. Comtel VoIP was formed in 1990 and is based in Tonawanda, New York.

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