M&A Deal Summary

Document Storage Systems Acquires SBG Technology Solutions

On September 14, 2021, Document Storage Systems acquired information technology company SBG Technology Solutions

Acquisition Highlights
  • This is Document Storage Systems’ 1st transaction in the Information Technology sector.
  • This is Document Storage Systems’ 3rd transaction in the United States.
  • This is Document Storage Systems’ 1st transaction in Virginia.

M&A Deal Summary

Date 2021-09-14
Target SBG Technology Solutions
Sector Information Technology
Buyer(s) Document Storage Systems
Deal Type Add-on Acquisition

Target

SBG Technology Solutions

Alexandria, Virginia, United States
SBG Technology Solutions offers IT Governance, systems engineering, enterprise modernization, artificial intelligence, and cyber security innovation to federal and commercial clients nationwide. ISO 9001:2015 certified and CMMI-DEV Level 3-appraised, SBG provides expert services to a wide range of clients including the Department of Navy, Department of Veterans Affairs, Department of Army, Defense Threat Reduction Agency, Nuclear Regulatory Commission, and Defense Nuclear Facilities Safety Board, as well as the private sector. SBG Technology Solutions was formed in 2004 and is based in Alexandria, Virginia.

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Buyer(S) 1

Buyer

Document Storage Systems

Juno Beach, Florida, United States

Category Company
Founded 1994
Sector Healthcare Services
DESCRIPTION

DSS is an industry leader in healthcare technology innovation, development and integration.


DEAL STATS #
Overall 3 of 3
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: Virginia 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
2016-12-01 Streamline Health Solutions - Patient Engagement Solutions

Atlanta, Georgia, United States

Streamline Health Solutions, Inc. - Patient Engagement Solutions suite consists primarily of Patient Scheduling and Surgery Management software.

Buy $2M