M&A Deal Summary

ITS Acquires Acropolis Technology Group

On May 9, 2023, ITS acquired information technology company Acropolis Technology Group

Acquisition Highlights
  • This is ITS’s 1st transaction in the Information Technology sector.
  • This is ITS’s 2nd transaction in the United States.
  • This is ITS’s 1st transaction in Missouri.

M&A Deal Summary

Date 2023-05-09
Target Acropolis Technology Group
Sector Information Technology
Buyer(s) ITS
Deal Type Add-on Acquisition

Target

Acropolis Technology Group

Clayton, Missouri, United States
Acropolis Technology Group is an IT service provider specializing in cybersecurity, managed IT services, and cloud hosting. Acropolis Technology Group is based in Clayton, Missouri.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

ITS

Fort Washington, Pennsylvania, United States

Category Company
Founded 1994
Sector Information Technology
DESCRIPTION

ITS is a managed services provider with a focus on proactive and strategic support for small and mid-market businesses. ITS partners with clients to align technology with business goals, secure data, and networks, and improve processes through tailored, innovative solutions. In addition to providing comprehensive managed IT services, it offers cybersecurity, cloud, custom application development, and business intelligence services. ITS was founded in 1994 and is based in Fort Washington, Pennsylvania.


DEAL STATS #
Overall 2 of 9
Sector: Information Technology M&A 1 of 8
Type: Add-on Acquisition M&A Deals 2 of 9
State: Missouri M&A 1 of 1
Country: United States M&A 2 of 7
Year: 2023 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-21 SecurElement Infrastructure Solutions

Malvern, Pennsylvania, United States

SecurElement Infrastructure Solutions is a provider of managed cloud, security and digital workplace solutions. SecurElement Infrastructure Solutions is based in Malvern, Pennsylvania.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-07 Spade Technology

Mansfield, Massachusetts, United States

Spade Technology is a managed IT services company that offers outsourced IT support and services. Spade Technology was founded in 2001 and is based in Mansfield, Massachusetts.

Buy -