Elarasys Worldwide and IT Hardware Plus Sold to Aker Business
Deal News | Aug 19, 2025 | Generational Equity
Generational Group announced the successful sale of Elarasys Worldwide, LLC and IT Hardware Plus, LLC to Aker Business, Inc., with the deal closing on May 6, 2025. Generational Group, a renowned advisory firm specializing in M&A for privately held companies, facilitated this acquisition. Aker Business, Inc., which acquired both companies, will integrate Elarasys and IT Hardware Plus to enhance its portfolio of IT-related services and products. The transaction underscores the advisory capabilities of Generational Group in structuring deals that meet the strategic expansion goals of purchasing entities.
Sectors
- Information Technology Hardware
- Mergers and Acquisitions Advisory
Geography
- United States – All companies involved in the transaction, including Elarasys Worldwide, IT Hardware Plus, and Aker Business, are presumed to operate primarily within the United States.
Industry
- Information Technology Hardware – This sector involves companies that manufacture and distribute computer and electronic equipment, such as Elarasys Worldwide and IT Hardware Plus.
- Mergers and Acquisitions Advisory – Generational Group operates in this industry by advising on the acquisition processes for privately held companies.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Elarasys Worldwide, LLC | Target | Company | A company involved in providing IT hardware solutions. |
| IT Hardware Plus, LLC | Target | Company | A company specializing in IT hardware products and services. |
| Aker Business, Inc. | Bidding Company | Company | The acquiring company intending to expand its portfolio by acquiring Elarasys Worldwide and IT Hardware Plus. |
| Generational Group | Advisor | Company | An advisory firm that specializes in mergers and acquisitions for privately held businesses. |