M&A Deal Summary

Cyber Advisors Acquires Innovative Technology Partners

On December 22, 2023, Cyber Advisors acquired information technology company Innovative Technology Partners

Acquisition Highlights
  • This is Cyber Advisors’ 2nd transaction in the Information Technology sector.
  • This is Cyber Advisors’ 2nd transaction in the United States.
  • This is Cyber Advisors’ 2nd transaction in Minnesota.

M&A Deal Summary
Date 2023-12-22
Target Innovative Technology Partners
Sector Information Technology
Buyer(s) Cyber Advisors
Deal Type Add-on Acquisition

Target

Innovative Technology Partners

Plymouth, Minnesota, United States
Innovative Technology Partners is an IT solutions provider. Innovative Technology Partners is based in Plymouth, Minnesota.

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Buyer(S) 1

Buyer

Cyber Advisors

Maple Grove, Minnesota, United States
Category Company
Founded 1997
Sector Information Technology
DESCRIPTION

Cyber Advisors offers comprehensive IT solutions for organizations across the Midwest. The Company is a one-stop shop for managing a client’s IT systems and spending and can provide partial or fully outsourced solutions. Cyber Advisors was founded in 1997 and based in Maple Grove, Minnesota.

DEAL STATS #
Overall 2 of 5
Sector (Information Technology) 2 of 5
Type (Add-on Acquisition) 2 of 5
State (Minnesota) 2 of 2
Country (United States) 2 of 5
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-02 KLH

Minnetonka, Minnesota, United States

KLH is a Managed Service Provider (MSP) with service offerings including server and network maintenance, security, backup/recovery, cloud services, 24x7 emergency services, and assessment/planning. KLH is based in Minnetonka, Minnesota.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-03-01 S&L Computer Services

Fargo, North Dakota, United States

S&L Computer Services is an IT service provider for small businesses. S&L Computer Services is an authorized dealer of HP, SonicWall, Microsoft, and NEC, the Company boasts an expansive product and service offering, ensuring correct solutions to make customers more efficient and productive. S&L Computer Services was founded in 1993 and is based in Fargo, North Dakota.

Buy -
Mergr

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