Add-on Acquisition • Information Technology

GRIT Technologies Acquires Motor City Technology

On December 7, 2016, GRIT Technologies acquired information technology company Motor City Technology

Acquisition Context

This is GRIT Technologies’ 1st transaction in the Information Technology sector.
This is GRIT Technologies’ 1st transaction in the United States.
This is GRIT Technologies’ 1st transaction in Michigan.

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M&A Deal Summary
Date	December 7, 2016
Target	Motor City Technology
Sector	Information Technology
Buyer(s)	GRIT Technologies
Deal Type	Add-on Acquisition

Target Company

Motor City Technology

Detroit, Michigan, United States

Motor City Technology is a provider of IT services in US.

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Buyer Overview 1

Buyer

GRIT Technologies

Clinton Township, Michigan, United States

Category	Company
Sector	Information Technology

DESCRIPTION

GRIT Technologies is an information technology (IT) services for small to medium size businesses. Their team of 20 professionals provides expertise in managed IT services, IT projects, network monitoring, help desk services, network cabling, domain hosting and cloud services.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Information Technology	1 of 1
Type: Add-on Acquisition	1 of 1
State: Michigan	1 of 1
Country: United States	1 of 1
Year: 2016	1 of 1

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