Add-on Acquisition • Information Technology

MDL Technology Acquires Tier3 Solutions Group

On December 8, 2015, MDL Technology acquired information technology company Tier3 Solutions Group for 210M USD

Acquisition Context
  • This is MDL Technology’s 1st transaction in the Information Technology sector.
  • This is MDL Technology’s largest (disclosed) transaction.
  • This is MDL Technology’s 1st transaction in the United States.
  • This is MDL Technology’s 1st transaction in Kansas.

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M&A Deal Summary

Date December 8, 2015
Target Tier3 Solutions Group
Sector Information Technology
Buyer(s) MDL Technology
Deal Type Add-on Acquisition
Deal Value 210M USD

Target Company

Tier3 Solutions Group

Overland Park, Kansas, United States
Tier3 Solutions Group LLC is an IT service provider that include backup and disaster recovery, network design, cloud computing and much more related services to businesses.
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Buyer Overview 1

Buyer

MDL Technology

Kansas City, Missouri, United States

Category Company
Founded 2003
Sector Information Technology
DESCRIPTION

MDL Technology LLC is a provider of cloud computing, Microsoft Dynamics CRM, disaster recovery, managed IT services, virus protection, data backup and more.


Deal Context for Buyer #
Overall 1 of 1
Sector: Information Technology 1 of 1
Type: Add-on Acquisition 1 of 1
State: Kansas 1 of 1
Country: United States 1 of 1
Year: 2015 1 of 1
Size (of disclosed) 1 of 1