M&A Deal Summary

Purple Guys Acquires Network Tech

On June 8, 2021, Purple Guys acquired information technology company Network Tech

Acquisition Highlights
  • This is Purple Guys’ 2nd transaction in the Information Technology sector.
  • This is Purple Guys’ 2nd transaction in the United States.
  • This is Purple Guys’ 2nd transaction in Kansas.

M&A Deal Summary
Date 2021-06-08
Target Network Tech
Sector Information Technology
Buyer(s) Purple Guys
Deal Type Add-on Acquisition

Target

Network Tech

Olathe, Kansas, United States
Network Tech is a provider of best-in-class managed IT services, strategy, and support to the small to medium-sized business (“SMB”) community across a range of industries throughout the Midwest. Network Tech was founded in 1993 and is based in Olathe, Kansas.

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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 2 of 7
Sector (Information Technology) 2 of 7
Type (Add-on Acquisition) 2 of 7
State (Kansas) 2 of 2
Country (United States) 2 of 7
Year (2021) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-21 The Purple Guys

Kansas City, Kansas, United States

The Purple Guys is a provider of cloud integration, hosted VoIP, network security, backup, disaster recovery and managed IT services. The Purple Guys was established in 2001 and is based in Kansas City, Kansas.

Buy -
FOLLOWING 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 -
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