Add-on Acquisition • Information Technology

PCS Acquires VelocityMSI

On November 30, 2017, PCS acquired information technology company VelocityMSI

Acquisition Context
  • This is PCS’s 1st transaction in the Information Technology sector.
  • This is PCS’s 1st transaction in the United States.
  • This is PCS’s 1st transaction in Pennsylvania.

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M&A Deal Summary

Date November 30, 2017
Target VelocityMSI
Sector Information Technology
Buyer(s) PCS
Deal Type Add-on Acquisition

Target Company

VelocityMSI

Warminster, Pennsylvania, United States
VelocityMSI, Inc. is a provider of Information Technology managed services to the small-business sectors. VelocityMSI, Inc. was established in 2011 and is based in Warminster, Pennsylvania.
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Buyer Overview 1

Buyer

PCS

Moorestown, New Jersey, United States

Category Company
Founded 2002
Sector Information Technology
Employees100
DESCRIPTION

PCS LLC is a managed IT services provider. PCS LLC was established in 2002 and is based in Moorestown, New Jersey.


Deal Context for Buyer #
Overall 1 of 1
Sector: Information Technology 1 of 1
Type: Add-on Acquisition 1 of 1
State: Pennsylvania 1 of 1
Country: United States 1 of 1
Year: 2017 1 of 1