M&A Deal Summary

Valeo Networks Acquires Etech Solutions

On December 29, 2020, Valeo Networks acquired information technology company Etech Solutions

Acquisition Highlights
  • This is Valeo Networks’ 2nd transaction in the Information Technology sector.
  • This is Valeo Networks’ 2nd transaction in the United States.
  • This is Valeo Networks’ 1st transaction in Iowa.

M&A Deal Summary

Date 2020-12-29
Target Etech Solutions
Sector Information Technology
Buyer(s) Valeo Networks
Deal Type Add-on Acquisition

Target

Etech Solutions

Ankeny, Iowa, United States
Etech Solutions LLC is a provider of an IT services, cloud hosting, network security, and backup solutions for small to mid-size businesses. Etech Solutions was founded in 2000 and is based in Ankeny, Iowa.

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Buyer(S) 1

Buyer

Valeo Networks

Scottsdale, Arizona, United States

Category Company
Sector Information Technology
DESCRIPTION

Valeo Networks, Inc. is a Managed Service Provider (MSP) from information technology (IT) consulting to cloud migration, and from security to server virtualization. Valeo Networks is based in Scottsdale, Arizona.


DEAL STATS #
Overall 2 of 5
Sector (Information Technology) 2 of 5
Type (Add-on Acquisition) 2 of 5
State (Iowa) 1 of 1
Country (United States) 2 of 5
Year (2020) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-08-04 Network Management Services

Eureka, California, United States

Network Management Services is a provider of IT services such as technical helpdesk support, computer support, and consulting to small and medium-sized businesses. Network Management Services was founded in 1995 and is based in Eureka, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-08 On Time Tech

San Francisco, California, United States

On Time Tech is an IT Support and Computer Services company providing expert, economical managed IT, cloud hosting, network security, and backup solutions for small to mid-size businesses. On Time Tech was founded in 2004 and is based in San Francisco, California.

Buy -