M&A Deal Summary

Coretelligent Acquires Advanced Network Products

On September 6, 2023, Coretelligent acquired information technology company Advanced Network Products

Acquisition Highlights
  • This is Coretelligent’s 7th transaction in the Information Technology sector.
  • This is Coretelligent’s 7th transaction in the United States.
  • This is Coretelligent’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2023-09-06
Target Advanced Network Products
Sector Information Technology
Buyer(s) Coretelligent
Deal Type Add-on Acquisition

Target

Advanced Network Products

Plymouth Meeting, Pennsylvania, United States
Advanced Network Products (ANP) is a managed service provider that implements and manages Microsoft 365 cloud migrations for small and midmarket businesses throughout the Philadelphia region. The company industry experts utilize remote management technology and time-tested processes to manage and secure complex cloud IT infrastructures for companies throughout the Delaware Valley. Advanced Network Products was formed in 1984 and is based in Plymouth Meeting, Pennsylvania.

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Buyer(S) 1

Buyer

Coretelligent

Needham, Massachusetts, United States
Category Company
Founded 2006
Sector Information Technology
DESCRIPTION

Coretelligent is a full-service provider of private cloud and end-to-end IT managed services and support to small and midsized businesses, predominantly financial services and life sciences. The company develops innovative technology solutions and provides a full suite of services to ensure clients receive exceptional business performance, data protection, and security. Coretelligent was formed in 2006 and is based in Needham, Massachusetts.

DEAL STATS #
Overall 7 of 7
Sector (Information Technology) 7 of 7
Type (Add-on Acquisition) 7 of 7
State (Pennsylvania) 1 of 1
Country (United States) 7 of 7
Year (2023) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-02-15 NetCom

Roswell, Georgia, United States

NetCom provides IT support services including managed and co-managed IT solutions, security, business continuity, and cloud services to companies across the Southeast. NetCom is based in Roswell, Georgia.

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