M&A Deal Summary

Interlaced Acquires Grove

On June 22, 2022, Interlaced acquired information technology company Grove

Acquisition Highlights
  • This is Interlaced’s 1st transaction in the Information Technology sector.
  • This is Interlaced’s 1st transaction in the United States.
  • This is Interlaced’s 1st transaction in District of Columbia.

M&A Deal Summary
Date 2022-06-22
Target Grove
Sector Information Technology
Buyer(s) Interlaced
Deal Type Add-on Acquisition

Target

Grove

Washington, District of Columbia, United States
Grove is providing services to Apple-integrated and cybersecurity-focused small businesses. Grove's client-focused approach to IT supports, offering outsourced IT made easy. Grove was founded in 2014 and is based in Washington, District of Columbia.

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Buyer(S) 1

Buyer

Interlaced

San Diego, California, United States
Category Company
Founded 2009
Sector Information Technology
DESCRIPTION

Interlaced is a managed IT services provider transforming how small businesses leverage Apple Technology. Since then, Interlaced has grown into a modern MSP, adding capabilities and expertise in both Apple and PC management, project management, cloud, security, and mobile device management Interlaced was founded in 2009 and is based in San Diego, California.

DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (District of Columbia) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1
Mergr

Product

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