M&A Deal Summary

ITS Acquires Steady Networks

On June 10, 2024, ITS acquired information technology company Steady Networks

Acquisition Highlights
  • This is ITS’s 4th transaction in the Information Technology sector.
  • This is ITS’s 5th transaction in the United States.
  • This is ITS’s 1st transaction in New Mexico.

M&A Deal Summary
Date 2024-06-10
Target Steady Networks
Sector Information Technology
Buyer(s) ITS
Deal Type Add-on Acquisition

Target

Steady Networks

Albuquerque, New Mexico, United States
Steady Networks is an IT provider specializing in IT services for the medical and legal industries, Steady Networks is your partner in both reliable Computer Support and the long-term success of your business. Steady Networks was formed in 2012 and is headquartered in Albuquerque, New Mexico.

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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 5 of 6
Sector (Information Technology) 4 of 5
Type (Add-on Acquisition) 5 of 6
State (New Mexico) 1 of 1
Country (United States) 5 of 5
Year (2024) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-12-11 The Network Pro

Anaheim, California, United States

The Network Pro is a managed IT and Security provider with a passion for serving clients in the legal and manufacturing industries. TNP was formed in 2003 and is based in Anaheim, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-11-12 Pace Technical

Markham, Ontario, Canada

Pace Technical is an IT provider, offering a robust team of industry experts who specialize in helping companies manage their IT needs and mitigate their cybersecurity risks. Pace Technical is based in Markham, Ontario.

Buy -
Mergr

Product

Company

Legal