M&A Deal Summary

Logically Acquires Cornerstone IT

On June 29, 2022, Logically acquired information technology company Cornerstone IT

Acquisition Highlights
  • This is Logically’s 10th transaction in the Information Technology sector.
  • This is Logically’s 10th transaction in the United States.
  • This is Logically’s 2nd transaction in Ohio.

M&A Deal Summary

Date 2022-06-29
Target Cornerstone IT
Sector Information Technology
Buyer(s) Logically
Deal Type Add-on Acquisition

Target

Cornerstone IT

Mentor, Ohio, United States
Cornerstone IT is a full-service IT Managed Services Provider. Serving customers in the professional services, manufacturing, insurance, and construction/development industries. Cornerstone IT was founded in 1994 and is based in Mentor, Ohio.

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Buyer(S) 1

Buyer

Logically

Dublin, Ohio, United States

Category Company
Founded 1999
Sector Information Technology
DESCRIPTION

Logically is a Managed IT Service Provider (MSP) to small and midsize organizations. Logically strategically implement and manage the right balance of mature and emerging information technologies that improve collaboration, security, cloud adoption, customer experiences, productivity, and business results. Logically was founded in 1999 and is based in Dublin, Ohio.


DEAL STATS #
Overall 10 of 10
Sector: Information Technology M&A 10 of 10
Type: Add-on Acquisition M&A Deals 10 of 10
State: Ohio M&A 2 of 2
Country: United States M&A 10 of 10
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-02 Halski Systems

Gainesville, Georgia, United States

Halski Systems is a full-service IT Managed Services provider that serves customers in the southeast with a comprehensive suite of services across more than 5,300 managed endpoints. Halski Systems was founded in 2000 and is based in Gainesville, Georgia.

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