M&A Deal Summary

Meriplex Acquires Reliable IT

On October 1, 2021, Meriplex acquired information technology company Reliable IT

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

M&A Deal Summary

Date 2021-10-01
Target Reliable IT
Sector Information Technology
Buyer(s) Meriplex
Deal Type Add-on Acquisition

Target

Reliable IT

Andover, Massachusetts, United States
Reliable IT Managed Services Provider primarily focused on two verticals: Banking and Healthcare. Reliable IT work proactively with clients' executive teams, making sure their IT strategy aligns with their business objectives, as well as promoting best practices in IT, Security, and Compliance to enhance growth, mitigate risk, and cut costs. Reliable IT was founded in 2005 and is based in Andover, Massachusetts.

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Buyer(S) 1

Buyer

Meriplex

Houston, Texas, United States

Category Company
Sector Information Technology
DESCRIPTION

Meriplex is a managed solutions provider specializing in delivering intelligent network solutions, cloud enablement and managed services for the mid-enterprise market. Meriplex is based in Houston, Texas.


DEAL STATS #
Overall 5 of 12
Sector: Information Technology M&A 4 of 11
Type: Add-on Acquisition M&A Deals 5 of 12
State: Massachusetts M&A 1 of 1
Country: United States M&A 5 of 12
Year: 2021 M&A 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-24 GNT Solutions

Sacramento, California, United States

GNT Solutions focuses on providing personalized IT support, cloud and disaster recovery management, network security, and compliance solutions for small- and medium-sized businesses in the region. GNT Solutions was founded in 2004 and is based in Sacramento, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-29 Optimum Networking

Aurora, Colorado, United States

Optimum Networking is a full-service IT and managed services provider that helps local businesses and organizations thrive with business-driven IT solution that drive optimum results. Optimum Networking was founded in 1995 and is based in Aurora, Colorado.

Buy -