M&A Deal Summary

Velocity A Managed Services Company Acquires CTI Solutions

On November 16, 2020, Velocity A Managed Services Company acquired marketing company CTI Solutions

Acquisition Highlights
  • This is Velocity A Managed Services Company’s 3rd transaction in the Marketing sector.
  • This is Velocity A Managed Services Company’s 2nd transaction in the United States.
  • This is Velocity A Managed Services Company’s 1st transaction in Kansas.

M&A Deal Summary

Date 2020-11-16
Target CTI Solutions
Sector Marketing
Buyer(s) Velocity A Managed Services Company
Deal Type Add-on Acquisition

Target

CTI Solutions

Overland Park, Kansas, United States
CTI Solutions is a technology services company that provides digital signage and media content management solutions (CMS). CTI Solutions was founded in 1979 and is based in Overland Park, Kansas.

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Buyer(S) 1

Buyer

Velocity A Managed Services Company

Holland, Ohio, United States

Category Company
Founded 2005
Sector Communications
Employees500
DESCRIPTION

Velocity, A Managed Services Company provides network management, connectivity, and telecommunications. Velocity was established in 2005 and is based in Holland Ohio.


DEAL STATS #
Overall 3 of 5
Sector (Marketing) 3 of 5
Type (Add-on Acquisition) 3 of 4
State (Kansas) 1 of 1
Country (United States) 2 of 4
Year (2020) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-15 Impax Media

Montreal, Quebec, Canada

IMPAX Media offers the latest evolution in traditional retail advertising, product promotion, and information display at the point of sale. IMPAX Digital Video Walls are changing the way retailers manage, market, and sell at checkout.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-06 EYE Corp Media

New York, New York, United States

EYE Corp Media is a provider in the Out of Home (OOH) of location-based media in the U.S., offering valuable advertising opportunities in retail locations such as lifestyle centers and convenience stores, bars and restaurants, cinema lobbies, and media tied to transit. EYE Corp Media was founded in 2002 and is based in New York City.

Buy -