M&A Deal Summary

Purple Guys Acquires Advantex

On August 23, 2023, Purple Guys acquired information technology company Advantex

Acquisition Highlights
  • This is Purple Guys’ 7th transaction in the Information Technology sector.
  • This is Purple Guys’ 7th transaction in the United States.
  • This is Purple Guys’ 3rd transaction in Texas.

M&A Deal Summary

Date 2023-08-23
Target Advantex
Sector Information Technology
Buyer(s) Purple Guys
Deal Type Add-on Acquisition

Target

Advantex

Pearland, Texas, United States
Advantex provides a full suite of scalable and integrated technology solutions and network management services to a diverse set of Houston and Dallas-based clients. Advantex was formed in 2002 and is based in Pearland, Texas.

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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 7 of 7
Sector: Information Technology M&A 7 of 7
Type: Add-on Acquisition M&A Deals 7 of 7
State: Texas M&A 3 of 3
Country: United States M&A 7 of 7
Year: 2023 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-08-23 Herrod Tech

Arlington, Texas, United States

Herrod Tech is a tailored managed IT services provider that offers a comprehensive set of technology and security solutions designed to support its long-tenured client base across the Dallas/Fort Worth market. Herrod Tech is based in Arlington, Texas.

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