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  6. NFINIT Acquires Fortitude Technology

M&A Deal Summary

NFINIT Acquires Fortitude Technology

On October 1, 2019, NFINIT acquired information technology company Fortitude Technology

Acquisition Highlights
  • This is NFINIT’s 1st transaction in the Information Technology sector.
  • This is NFINIT’s 2nd transaction in the United States.
  • This is NFINIT’s 2nd transaction in California.

M&A Deal Summary
Date 2019-10-01
Target Fortitude Technology
Sector Information Technology
Buyer(s) NFINIT
Deal Type Add-on Acquisition
Advisor(s) Generational Group (Financial)

Target

Fortitude Technology

San Diego, California, United States
Fortitude Technology is a trusted provider of enterprise-class, flexible technology solutions that are easy to use and unquestionably reliable to help businesses run more efficiently. Fortitude Technology mission is to provide all companies, regardless of size, reliable and cost-effective access to their critical business systems. Hosting, Backup, Disaster Recovery, and Virtual Desktops are the key technology components of Fortitude Technology’s Core 4, which allows for rapid provisioning and maintenance from anywhere, at any time, and from any device.

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Buyer(S) 1

Buyer

NFINIT

San Diego, California, United States
Category Company
Founded 1989
Sector Information Technology
DESCRIPTION

NFINIT provides co-location and managed services to enterprises and information technology businesses in the Western United States. Serving hundreds of customers from our home base in San Diego, NFINIT fulfills clients’ technology roadmap with best-in-breed solutions and expert, consultative support. NFINIT was founded in 1989 and is based in San Diego, California.

DEAL STATS #
Overall 2 of 2
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: California M&A 2 of 2
Country: United States M&A 2 of 2
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-11-18 Complex Drive

San Diego, California, United States

Complex Drive has quickly grown to become one of San Diego's most well-respected data center operators, comprising a total of 20,000 square feet within three state-of-the-art data center facilities throughout the burgeoning San Diego Spectrum business park of Kearny Mesa. As the epicenter for Fiber and Telecom carriers in the city, Complex Drive's campus is home to 11 different Tier 1 Fiber carriers.

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