M&A Deal Summary

Presidio Acquires Netech

On February 2, 2016, Presidio acquired information technology company Netech

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

M&A Deal Summary

Date 2016-02-02
Target Netech
Sector Information Technology
Buyer(s) Presidio
Deal Type Add-on Acquisition

Target

Netech

Caledonia, Michigan, United States
Netech Corp. is an IT service and solutions integrator.

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Buyer(S) 1

Buyer

Presidio

New York, New York, United States

Category Company
Founded 2003
Sector Information Technology
Revenue 2.9B USD (2018)
DESCRIPTION

Presidio is a technology services and solutions provider that builds traditional IT foundations and offers deep expertise in automation, security, networking, digital transformation, and cloud computing, It develops custom applications, provides managed services, enables actionable data insights, and builds forward-thinking solutions that drive extraordinary outcomes for customers globally. Presidio was founded in 2003 and is based in New York City.


DEAL STATS #
Overall 4 of 13
Sector: Information Technology M&A 4 of 12
Type: Add-on Acquisition M&A Deals 4 of 13
State: Michigan M&A 1 of 1
Country: United States M&A 4 of 11
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-30 Sequoia Worldwide

Campbell, California, United States

Sequoia Worldwide LLC is a consulting, integration, and services company focused exclusively on private and hybrid cloud solutions.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-08-05 Coda Global

Southlake, Texas, United States

Coda Global offers a comprehensive suite of cloud consulting services with expertise in cloud migration, cloud-native application development, DevOps, big data enablement, and machine learning with advanced analytics. Coda helps companies achieve their business objectives for agility, scalability, and mobility by providing expertise that accelerates their cloud-native transformation. Coda Global was formed in 2015 and is based in Southlake, Texas.

Buy -