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  6. GRIT Technologies Acquires Motor City Technology

M&A Deal Summary

GRIT Technologies Acquires Motor City Technology

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

Acquisition Highlights
  • 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.

M&A Deal Summary
Date 2016-12-07
Target Motor City Technology
Sector Information Technology
Buyer(s) GRIT Technologies
Deal Type Add-on Acquisition

Target

Motor City Technology

Detroit, Michigan, United States
Motor City Technology is a provider of IT services in US.

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Buyer(S) 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 STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Michigan M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2016 M&A 1 of 1
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