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M&A Deal Summary

TechMD Acquires TechMD

On October 18, 2022, TechMD acquired information technology company TechMD

Acquisition Highlights
  • This is TechMD’s 4th transaction in the Information Technology sector.
  • This is TechMD’s 4th transaction in the United States.
  • This is TechMD’s 1st transaction in California.

M&A Deal Summary
Date 2022-10-18
Target TechMD
Sector Information Technology
Buyer(s) TechMD
Deal Type Add-on Acquisition

Target

TechMD

Santa Ana, California, United States
TechMD is an IT solutions firm that specializes in cloud solutions, managed cybersecurity services, strategic IT consulting, and managed IT services. It brings enterprise-level productivity, scalability, and security to small and medium businesses. TechMD was formed in 2003 and is based in Santa Ana, California.

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Buyer(S) 1

Buyer

TechMD

Endicott, New York, United States
Category Company
Founded 1986
Sector Information Technology
DESCRIPTION

TechMD is a provider of IT managed services, cybersecurity, cloud migration, and other project-based services, and hardware and software reselling for small to medium-sized businesses (SMBs). The company offers on-site and remote support to customers in the Northeastern US, with an emphasis on serving SMBs within healthcare, financial services, professional services, manufacturing, and service/retail. TechMD was founded in 1986 and is based in Endicott, New York.

DEAL STATS #
Overall 4 of 4
Sector: Information Technology M&A 4 of 4
Type: Add-on Acquisition M&A Deals 4 of 4
State: California M&A 1 of 1
Country: United States M&A 4 of 4
Year: 2022 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-21 Cards Technology

Ocean City, Maryland, United States

Cards Technology is a provider of Managed IT Services to small to medium businesses. Cards Technology was founded in 2000 and is based in Ocean City, Maryland.

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