M&A Deal Summary

Modern Managed IT Acquires Vertical Technologies

On October 5, 2021, Modern Managed IT acquired information technology company Vertical Technologies

Acquisition Highlights
  • This is Modern Managed IT’s 1st transaction in the Information Technology sector.
  • This is Modern Managed IT’s 1st transaction in the United States.
  • This is Modern Managed IT’s 1st transaction in Texas.

M&A Deal Summary

Date 2021-10-05
Target Vertical Technologies
Sector Information Technology
Buyer(s) Modern Managed IT
Deal Type Add-on Acquisition

Target

Vertical Technologies

San Antonio, Texas, United States
Vertical Technologies is a managed IT services specialist. Vertical Technologies was founded in 2014 and is based in San Antonio, Texas.

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Buyer(S) 1

Buyer

Modern Managed IT

San Antonio, Texas, United States

Category Company
Sector Information Technology
DESCRIPTION

Modern Managed IT is an IT services company to offer all five of the following benefits for its clients: 1) No contracts of any kind, 2) completely transparent fixed pricing for end-to-end services, 3) non-franchise, full-time certified employees, 4) unprecedented access including cell-phone numbers to dedicated customer teams, and 5) the industry's strongest, money-back guarantee. Modern Managed IT is based in San Antonio, Texas.


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: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1