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  6. ITSA Acquires Parsec Group

M&A Deal Summary

ITSA Acquires Parsec Group

On September 13, 2024, ITSA acquired information technology company Parsec Group

Acquisition Highlights
  • This is ITSA’s 1st transaction in the Information Technology sector.
  • This is ITSA’s 1st transaction in the United States.
  • This is ITSA’s 1st transaction in Colorado.

M&A Deal Summary
Date 2024-09-13
Target Parsec Group
Sector Information Technology
Buyer(s) ITSA
Deal Type Add-on Acquisition

Target

Parsec Group

Arvada, Colorado, United States
Parsec Group offers remote system administration, monitoring & support, patch analysis, and hosting for clients' critical IT environments. Parsec Group was founded in 1986 and is based in Arvada, Colorado.

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Buyer(S) 1

Buyer

ITSA

Arvada, Colorado, United States
Category Company
Founded 2023
Sector Information Technology
DESCRIPTION

ITSA provides outsourced critical IT infrastructure support, operating system monitoring, cybersecurity management, compliance implementation, cloud migration, VoIP services, governance & risk management, and more. ITSA was founded in 2023 and is based in Arvada, Colorado.

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: Colorado M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2024 M&A 1 of 1
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