M&A Deal Summary

Ntiva Acquires Contuit

On October 15, 2024, Ntiva acquired software company Contuit

Acquisition Highlights
  • This is Ntiva’s 1st transaction in the Software sector.
  • This is Ntiva’s 16th transaction in the United States.
  • This is Ntiva’s 1st transaction in Washington.

M&A Deal Summary
Date 2024-10-15
Target Contuit
Sector Software
Buyer(s) Ntiva
Deal Type Add-on Acquisition

Target

Contuit

Seattle, Washington, United States
Contuit specializes in automation and integration solutions for Managed Service Providers (MSPs). Contuit's platform simplifies complex manual workflows by leveraging advanced API integrations, enabling MSPs to streamline operations such as ticketing, invoicing, and asset management. Contuit is based in Seattle, Washington.

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Buyer(S) 1

Buyer

Ntiva

Mclean, Virginia, United States
Category Company
Founded 2004
Sector Information Technology
DESCRIPTION

Ntiva provides a full suite of outsourced IT services, including onsite support, remote monitoring, cloud services, backup and disaster recovery, and strategic consulting. The company enables its customers to outsource their IT infrastructure, allowing them to improve their performance, reduce costs and enhance security. Ntiva was founded in 2004 and is based in Mclean, Virginia.

DEAL STATS #
Overall 16 of 16
Sector (Software) 1 of 1
Type (Add-on Acquisition) 16 of 16
State (Washington) 1 of 1
Country (United States) 16 of 16
Year (2024) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-30 Purple Guys

Metairie, Louisiana, United States

Purple Guys is an IT-managed service provider with a full suite of services and solutions for small and mid-size businesses. Purple Guys was founded in 2000 and is based in Metairie, Louisiana.

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