M&A Deal Summary

Intelligent Technical Solutions Acquires Afineol

On November 5, 2024, Intelligent Technical Solutions acquired information technology company Afineol

Acquisition Highlights
  • This is Intelligent Technical Solutions’ 3rd transaction in the Information Technology sector.
  • This is Intelligent Technical Solutions’ 3rd transaction in the United States.
  • This is Intelligent Technical Solutions’ 2nd transaction in California.

M&A Deal Summary

Date 2024-11-05
Target Afineol
Sector Information Technology
Buyer(s) Intelligent Technical Solutions
Deal Type Add-on Acquisition

Target

Afineol

Roseville, California, United States
Afineol is a managed services provider that specializes in integrating and maintaining technology that compliments your business. Afineol was founded in 2000 and is based in Roseville, California.

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Buyer(S) 1

Buyer

Intelligent Technical Solutions

Chicago, Illinois, United States

Category Company
Sector Information Technology
DESCRIPTION

Intelligent Technical Solutions is a provider of IT-managed services that offers managed IT, cloud, cybersecurity, VoIP phone, and fiber internet services to small and medium-sized businesses (20-500 seats) in several cities throughout the United States. Intelligent Technical Solutions is based in Chicago, Illinois.


DEAL STATS #
Overall 3 of 3
Sector (Information Technology) 3 of 3
Type (Add-on Acquisition) 3 of 3
State (California) 2 of 2
Country (United States) 3 of 3
Year (2024) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-03-21 Digital Seattle

Seattle, Washington, United States

Digital Seattle is a managed IT service provider ("MSP"). Digital Seattle is based in Seattle, Washing ton.

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