Mergers and Acquisitions, Mergers and Acquisitions

IT Services M&A: Fulcrum IT Partners Acquires Advizex

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Technology sales and services firm Fulcrum IT Partners has acquired Advizex, technology solutions company. Financial terms of the deal were not disclosed.

This is technology M&A deal number 73 that ChannelE2E has covered so far in 2023. See more than 2,000 technology M&A deals involving MSPs, MSSPs & IT service providers listed here.

Fulcrum IT Partners Acquires Advizex

Fulcrum IT Partners is based in Delaware. Fulcrum is the parent company of IT solution companies in the UK, Canada and the U.S. Fulcrum holds a majority stake in Tieva, a cloud and infrastructure provider in the United Kingdom and iOn, an MSSP in Calgary, Alberta. Advizex is its first U.S. acquisition. Fulcrum's areas of expertise include cybersecurity, cloud, consumption-based IT and managed services.

Advizex, founded in 1975, is based in Independence, Ohio. The company has 284 employees listed on LinkedIn. Advizex's areas of expertise include Cloud Computing, Managed Services, Mobility, IT Services, IT Infrastructure / Networking, IT Modernization, Big Data, Storage, IT Security, Cyber Security, Consumption, XaaS and Professional Services.

Fulcrum’s acquisition of Advizex will help the company expand their business in North America. Advizex will continue to operate under their current management structure, the companies said.

Fulcrum Acquires Advizex: Executive Insight

C.R. Howdyshell, president, Advizex
C.R. Howdyshell, president, Advizex

C.R. Howdyshell, president of Advizex, commented on the news:

“We are excited to begin this new chapter. I fully expect this opportunity with Fulcrum IT Partners will accelerate the already strong momentum for Advizex. I believe the platform will expand our capabilities and enhance the value provided to our customers."

Kyle Lanzinger, head of M&A of Fulcrum IT Partners, added:

“We are excited to start working with C.R. and the incredible Advizex team. Their world-class sales platform and leadership in Consumption IT, particularly in the Public Sector, Retail, and Healthcare sectors, will accelerate our growth and provide a strong platform for U.S. expansion. There are clear synergies with our expanding capabilities in cybersecurity and managed services and we look forward to bringing these offerings to market together."

Sharon Florentine

Sharon is a master technology storyteller and editor with omnichannel experience: books and print magazines, digital, webcast, blogging, podcast, live events and video and associated brand-specific social media content. From 1999 to 2003, she acquired and edited technology books and certification exam prep guides.

After a year spent in publicity and editorial at mass-market book publishers, she returned to tech publishing and, since 2004, explored B2C and B2B news, issues and trends in consumer, lifestyle, software, software development, AI, ML, networks, big data, hardware, security, storage, cloud, equity, inclusion, diversity, women in tech, career development, IT management, H-1B visa issues and immigration, education, training and learning.

Her previous role was as the managing editor at Techstrong Group in charge of Cloud Native Now, DevOps.com, Security Boulevard and Techstrong ITSM and their brand-specific social media. She currently serves as editorial director for CyberRisk Alliance’s channel brands, ChannelE2E and MSSP Alert and acting editorial director for SC Media UK. Drop me a note and let’s talk!

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