Add-on Acquisition • Internet Software and Services

Velocity Technology Solutions Acquires Mercury Technology Group

On December 11, 2017, Velocity Technology Solutions acquired internet software and services company Mercury Technology Group

Acquisition Context
  • This is Velocity Technology Solutions’ 3rd transaction in the Internet Software and Services sector.
  • This is Velocity Technology Solutions’ 4th transaction in the United States.
  • This is Velocity Technology Solutions’ 1st transaction in California.

Explore All 10210 Add-on Acquisition Internet Software and Services Deals - Search the Database Free


M&A Deal Summary

Date December 11, 2017
Target Mercury Technology Group
Sector Internet Software and Services
Buyer(s) Velocity Technology Solutions
Deal Type Add-on Acquisition

Target Company

Mercury Technology Group

Irvine, California, United States
Mercury Technology Group is a provider of cloud managed services focused on the Oracle applications suite. Mercury Technology Group was established in 1994 and is based in Irvine California.
Explore More Deals

Browse All 215,158 Deals

FILTER BY

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

Search Free

Buyer Overview 1

Buyer

Velocity Technology Solutions

Charlotte, North Carolina, United States

Category Company
Founded 2003
Sector Internet Software and Services
DESCRIPTION

Velocity Technology Solutions, Inc. is a provider of enterprise software hosting and systems integration services to mid-market businesses and government entities. Velocity Technology Solutions was founded in 2003 and is based in Charlotte, North Carolina.


Deal Context for Buyer #
Overall 5 of 5
Sector: Internet Software and Services 3 of 3
Type: Add-on Acquisition 4 of 4
State: California 1 of 1
Country: United States 4 of 4
Year: 2017 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-04-01 TITAN GS

Charlotte, North Carolina, United States

TITAN GS is a provider of global cloud hosting and managed services, business process outsourcing (BPO) and consulting services.

Buy $80M