M&A Deal Summary

Tower Arch Capital Acquires Intelligent Technical Solutions

On July 19, 2022, private equity firm Tower Arch Capital acquired information technology company Intelligent Technical Solutions

Acquisition Highlights
  • This is Tower Arch Capital’s 2nd transaction in the Information Technology sector.
  • This is Tower Arch Capital’s 15th transaction in the United States.
  • This is Tower Arch Capital’s 2nd transaction in Illinois.

M&A Deal Summary
Date 2022-07-19
Target Intelligent Technical Solutions
Sector Information Technology
Buyer(s) Tower Arch Capital
Deal Type Recapitalization
Advisor(s) FOCUS Investment Banking (Financial)
Holland & Hart (Legal)

Target

Intelligent Technical Solutions

Chicago, Illinois, United States
Intelligent Technical Solutions is a provider of IT-managed services that offers managed IT, cloud, cybersecurity, VoIP phone, and fiber internet services to small and medium-sized businesses (20-500 seats) in several cities throughout the United States. Intelligent Technical Solutions is based in Chicago, Illinois.

Search 200,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Tower Arch Capital

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2013
PE ASSETS 700M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Tower Arch Capital is a lower middle-market private equity firm focused on partnering with and growing family and entrepreneur-owned companies. Tower Arch seeks US-based companies with $20 to $150 million in revenue and up to $30 million of EBITDA. Prospective transaction situations include buyouts, recapitalizations, and corporate divestitures. Tower Arch Capital was formed in 2013 and is based in Draper, Utah.

DEAL STATS #
Overall 15 of 17
Sector (Information Technology) 2 of 2
Type (Recapitalization) 14 of 16
State (Illinois) 2 of 2
Country (United States) 15 of 17
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-16 KNS International

Draper, Utah, United States

KNS International is a designer and distributor of branded products across multiple categories with special focus on women's and men's shoes, including products under Journee Collection and other brands, and is a preferred partner for national retailers looking to optimize inventory and expand online product offerings. KNS is based in Draper, Utah.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-08-30 TD&I

Lakeland, Minnesota, United States

TD&I provides directional drilling, trenching, and other related infrastructure services for installing and maintaining fiber optic networks and other critical infrastructure. Its customers include national, regional, and local telecom providers, utility cooperatives, tech companies, and municipalities. TD&I was formed in 1987 and is based in Lakeland, Minnesota.

Buy -
Mergr

Product

Company

Legal