M&A Deal Summary

Purple Guys Acquires Accelerate

On May 10, 2022, Purple Guys acquired information technology company Accelerate

Acquisition Highlights
  • This is Purple Guys’ 4th transaction in the Information Technology sector.
  • This is Purple Guys’ 4th transaction in the United States.
  • This is Purple Guys’ 1st transaction in Indiana.

M&A Deal Summary

Date 2022-05-10
Target Accelerate
Sector Information Technology
Buyer(s) Purple Guys
Deal Type Add-on Acquisition

Target

Accelerate

Indianapolis, Indiana, United States
Accelerate provides full managed services, specializing in customized IT solutions, cloud services, and cybersecurity. The company leverages technology to give organizations a competitive edge through a business-first mindset, a commitment to strategy, industry-leading talent and unmatched effort. Accelerate was founded in 1995 and is based in Indianapolis, Indiana.

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Buyer(S) 1

Buyer

Purple Guys

Metairie, Louisiana, United States

Category Company
Founded 2000
Sector Information Technology
DESCRIPTION

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.


DEAL STATS #
Overall 4 of 7
Sector: Information Technology M&A 4 of 7
Type: Add-on Acquisition M&A Deals 4 of 7
State: Indiana M&A 1 of 2
Country: United States M&A 4 of 7
Year: 2022 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-20 Technology Pointe

Round Rock, Texas, United States

Technology Pointe provides IT services, strategy, and support that allow their clients to reach new levels of efficiency, take control of their IT spend, and achieve greater success. Technology Pointe was formed in 2000 and has offices in Austin and Dallas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-18 Golden Tech

Valparaiso, Indiana, United States

Golden Tech is an IT managed services provider, that offers customized managed IT, cloud, security, and consulting services to business owners in the Northwest Indiana and Chicagoland market. Golden Tech was founded in 1996 and is based in Valparaiso, Indiana.

Buy -