In a strategic move to broaden its reach into New England, IT Solutions Consulting, LLC announced the acquisition of Spade Technology, a recognized IT service provider for the Greater Boston Area. Financial information was disclosed as part of the agreement.
This is technology M&A deal number 306 that ChannelE2E and MSSP Alert have covered so far in 2023. See more than 2,000 technology M&A deals for 2023, 2022, 2021, and 2020 listed here.
IT Solutions Consulting, LLC, founded in 1994, is based in Philadelphia, Pennsylvania. The company has 423 employees listed on LinkedIn. IT Solutions Consulting’s areas of expertise include managed IT services, cybersecurity, cloud solutions, custom application development, and business intelligence services.
Spade Technology, founded in 2001, is based in Mansfield, Maine. The company has 30 employees listed on LinkedIn. Spade Technology’s areas of expertise include managed IT services and technology solutions for small to medium-sized businesses in New England.
The acquisition is IT Solutions’ eighth and the third for the year 2023, supporting the company's vision to redefine exceptional IT services and increasing their service capabilities across North America.
IT Solutions Consulting Acquires Spade Technology: Executive Insight
Garrett Graney, CEO, IT Solutions Consulting, commented:
"We’re thrilled to welcome Spade Technology into the IT Solutions Team. This acquisition is a major step in our ongoing journey to reach beyond the mid-Atlantic region while advancing our commitment to delivering top-tier services. As IT Solutions and Spade share similar values, operational excellence, and an unwavering dedication to client success, this partnership will continue to pave the way for an incredibly bright future for current and future employees and clients. Together, we are well-equipped to serve businesses across North America as their trusted IT provider."
Myles Keough, CEO, Spade Technology, commented:
"Like IT Solutions, Spade is committed to delivering long-lasting IT solutions that empower our clients to achieve their business objectives and enjoy complete peace of mind. Since 2001, we have strived to offer New England businesses the same kind of IT services they’d expect from a large-scale enterprise, so we’re looking forward to doing that alongside IT Solutions. Our partnership with IT Solutions is an exciting journey that will continue to create new opportunities for our valued clients and dedicated employees."