M&A Deal Summary

Synoptek Acquires Rapid Technologies

On December 6, 2021, Synoptek acquired information technology company Rapid Technologies

Acquisition Highlights
  • This is Synoptek’s 7th transaction in the Information Technology sector.
  • This is Synoptek’s 8th transaction in the United States.
  • This is Synoptek’s 2nd transaction in Colorado.

M&A Deal Summary

Date 2021-12-06
Target Rapid Technologies
Sector Information Technology
Buyer(s) Synoptek
Deal Type Add-on Acquisition

Target

Rapid Technologies

Lone Tree, Colorado, United States
Rapid Technologies is an Elite ServiceNow partner focused on consulting, implementation, and managed services for ServiceNow's industry-leading enterprise service management (ESM) solutions. Rapid Technologies was founded in 1996 and is based in Lone Tree, Colorado.

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Buyer(S) 1

Buyer

Synoptek

Irvine, California, United States

Category Company
Founded 2001
Sector Information Technology
DESCRIPTION

Synoptek provides information technology management services and support to organizations worldwide. The company offers solutions to manage and operate IT infrastructure using their advanced IT service management (ITSM) capabilities, automated toolsets, and skilled technologists. Synoptek was formed in 2001 and is based in Irvine, California.


DEAL STATS #
Overall 8 of 10
Sector: Information Technology M&A 7 of 9
Type: Add-on Acquisition M&A Deals 5 of 6
State: Colorado M&A 2 of 2
Country: United States M&A 8 of 10
Year: 2021 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-07 Juxto - Real-Time Communication Business

Irvine, California, United States

Juxto's Real-Time Communication Business providing next-generation customized real-time communication (RTC) solutions for businesses of any size. Juxto's Real-Time Communication Business is based in Irvine, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-12 Macquarium

Atlanta, Georgia, United States

Macquarium is a digital customer experience agency that provides preeminent business consulting and development services on an international scale to the likes of Southern Company, Norfolk Southern, Snap-on-Tools, Home Depot, MGM, Equifax, UPS, Wells Fargo, and more. The company has received numerous accolades, including several Webby Awards, a Smithsonian Award for innovation, and a distinction as one of ‘Atlanta’s Best and Brightest Companies to Work For’. Macquarium was formed in 1991 and is based in Atlanta, Georgia.

Buy -