M&A Deal Summary

Coretelligent Acquires Lighthouse Technology Partners

On May 24, 2022, Coretelligent acquired information technology company Lighthouse Technology Partners

Acquisition Highlights
  • This is Coretelligent’s 5th transaction in the Information Technology sector.
  • This is Coretelligent’s 5th transaction in the United States.
  • This is Coretelligent’s 4th transaction in Connecticut.

M&A Deal Summary
Date 2022-05-24
Target Lighthouse Technology Partners
Sector Information Technology
Buyer(s) Coretelligent
Deal Type Add-on Acquisition

Target

Lighthouse Technology Partners

Greenwich, Connecticut, United States
Lighthouse Technology Partners is a provider of managed IT services, including cybersecurity, business transformation, and cloud services among others. Lighthouse Technology Partners was founded in 1984 and is based in Greenwich, Connecticut.

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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 5 of 7
Sector (Information Technology) 5 of 7
Type (Add-on Acquisition) 5 of 7
State (Connecticut) 4 of 4
Country (United States) 5 of 7
Year (2022) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-19 Chateaux

Norwalk, Connecticut, United States

Chateaux is a provider of technology services and solutions, helping mid-market and enterprise-level organizations drive informed strategic decisions with real-time operational impact. Combining over 37 years of IT expertise, vast industry experience, and longstanding partnerships with IBM, Microsoft, and Progress, and as an AWS Partner Network (APN) Partner, the company works to define, design, and deliver results that bridge business and technology. Areas of specialization include emerging technologies, including blockchain, IoT, AI, and microservices; application development and integration; websites and e-commerce; data management and analytics; and cloud services. Chateaux was formed in 1985 and is based in Norwalk, Connecticut.

Buy -
FOLLOWING 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.

Buy -
Mergr

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