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  6. Switchfast Technologies Acquires Axcell Technologies

M&A Deal Summary

Switchfast Technologies Acquires Axcell Technologies

On October 28, 2020, Switchfast Technologies acquired information technology company Axcell Technologies

Acquisition Highlights
  • This is Switchfast Technologies’ 1st transaction in the Information Technology sector.
  • This is Switchfast Technologies’ 1st transaction in the United States.
  • This is Switchfast Technologies’ 1st transaction in Illinois.

M&A Deal Summary
Date 2020-10-28
Target Axcell Technologies
Sector Information Technology
Buyer(s) Switchfast Technologies
Deal Type Add-on Acquisition

Target

Axcell Technologies

Schaumburg, Illinois, United States
Axcell Technologies, Inc. is a professional technology service company delivering absolutely the best service to clients. Axcell understands that technology is a quickly changing environment and helps advise clients on the latest trends and when it makes sense to adopt them.

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Buyer(S) 1

Buyer

Switchfast Technologies

Chicago, Illinois, United States
Category Company
Founded 2001
Sector Information Technology
DESCRIPTION

Switchfast Technologies is a Managed Services Provider (MSP) serving the Greater Chicagoland and Midwest area. Switchfast Technologies was founded in 2001 and is based in Chicago, Illinois.

DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Illinois M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2020 M&A 1 of 1
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