M&A Deal Summary

Logically Acquires IQ Technology Solutions

On December 17, 2019, Logically acquired information technology company IQ Technology Solutions

Acquisition Highlights
  • This is Logically’s 4th transaction in the Information Technology sector.
  • This is Logically’s 4th transaction in the United States.
  • This is Logically’s 1st transaction in Nevada.

M&A Deal Summary
Date 2019-12-17
Target IQ Technology Solutions
Sector Information Technology
Buyer(s) Logically
Deal Type Add-on Acquisition

Target

IQ Technology Solutions

Reno, Nevada, United States
IQ Technology Solutions is a provider of Managed IT services and computer technology solutions. IQ’s expertise and industry partnerships have helped local business, government and educational organizations deploy, manage and secure technology to benefit the community. IQ Technology Solutions was established in 1993 and is based in Reno, Nevada.

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Buyer(S) 1

Buyer

Logically

Portland, Maine, 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 established in 1999 and is based in Portland, Maine.

DEAL STATS #
Overall 4 of 10
Sector (Information Technology) 4 of 10
Type (Add-on Acquisition) 4 of 10
State (Nevada) 1 of 1
Country (United States) 4 of 10
Year (2019) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-04 Carolinas IT

Raleigh, North Carolina, United States

Carolinas IT is a provider of outsourced IT services. Carolinas IT offers from cloud and on-premise outsourced IT management, to security audit and compliance, to advanced technology projects and support. Carolinas IT was established in 1996 and is based in Raleigh, North Carolina.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-01 Personal Computer Resources

Braintree, Massachusetts, United States

Personal Computer Resources is a provider of outsourced IT services for businesses in Eastern Massachusetts and Rhode Island. Personal Computer Resources was founded in 1984 and is based in Braintree, Massachusetts.

Buy -
Mergr

Product

Company

Legal