M&A Deal Summary

Fahrenheit IT Acquires Information Technology Engineering

On June 30, 2015, Fahrenheit IT acquired staffing company Information Technology Engineering

Acquisition Highlights
  • This is Fahrenheit IT’s 1st transaction in the Staffing sector.
  • This is Fahrenheit IT’s 2nd transaction in the United States.
  • This is Fahrenheit IT’s 1st transaction in Colorado.

M&A Deal Summary
Date 2015-06-30
Target Information Technology Engineering
Sector Staffing
Buyer(s) Fahrenheit IT
Deal Type Add-on Acquisition

Target

Information Technology Engineering

Aurora, Colorado, United States
Information Technology Engineering Corp. (ITEC) is a provider of cost-effective, individually tailored, technical staffing solutions.

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Buyer(S) 1

Buyer

Fahrenheit IT

Littleton, Colorado, United States
Category Company
Founded 1998
Sector Information Services
DESCRIPTION

Fahrenheit IT Staffing and Consulting is a middle-market IT staffing companies,

DEAL STATS #
Overall 2 of 3
Sector (Staffing) 1 of 2
Type (Add-on Acquisition) 2 of 3
State (Colorado) 1 of 1
Country (United States) 2 of 3
Year (2015) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-05-21 Indecon Solutions

Oak Brook, Illinois, United States

Indecon Solutions is a premier IT staffing firm serving both large and mid-sized companies. Indecon focuses on technology and specializes in the healthcare, utilities and telecom, government, financial services, retail and manufacturing industries.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-02 Halo Group

Novi, Michigan, United States

Halo Group is an IT staffing and consulting solution company specialize in providing UX/UI, data and analytics, and cloud consultants as well as experts in all areas of security, project governance and multi-platform application development. Halo Group was founded in 2004 and is based in Novi, Michigan.

Buy -
Mergr

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