M&A Deal Summary

SharedLabs Acquires iTech US

On September 25, 2017, SharedLabs acquired information technology company iTech US

Acquisition Highlights
  • This is SharedLabs’ 1st transaction in the Information Technology sector.
  • This is SharedLabs’ 1st transaction in the United States.
  • This is SharedLabs’ 1st transaction in Vermont.

M&A Deal Summary
Date 2017-09-25
Target iTech US
Sector Information Technology
Buyer(s) SharedLabs
Deal Type Add-on Acquisition
Advisor(s) Woodbridge International (Financial)

Target

iTech US

South Burlington, Vermont, United States
iTech US, Inc. is a provider of an IT consulting services with technological expertise across the full IT life cycle. Its wholly owned subsidiary, SmartWorks, is a software consulting and services company that specializes in hiring and mentoring IT professionals in emerging technologies.

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Buyer(S) 1

Buyer

SharedLabs

Jacksonville, Florida, United States
Category Company
Sector Information Technology
DESCRIPTION

SharedLabs, Inc. is an IT company that supports, manages, repairs, or improves software, applications and ecommerce systems, which drive today’s digital world. SharedLabs is headquartered in Jacksonville, Florida with additional offices in Santa Clara, California, Dallas, Texas, NY Metro, Montreal Canada, and Reston, Virginia.

DEAL STATS #
Overall 1 of 2
Sector (Information Technology) 1 of 2
Type (Add-on Acquisition) 1 of 2
State (Vermont) 1 of 1
Country (United States) 1 of 2
Year (2017) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-26 ExoIS

San Jose, California, United States

ExoIS, Inc. is a provider of an onsite and remote support for various clients ranging from mid-sized to large commercial enterprise. ExoIS is based in San Jose, California.

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