IT Solutions Consulting Expands with PACE Technical Acquisition
Deal News | Nov 12, 2024 | Nautic
IT Solutions Consulting, a managed service provider serving legal, healthcare, and other firms across the U.S., has completed the acquisition of Toronto-based PACE Technical. This acquisition marks IT Solutions' entry into the Canadian market. Both companies specialize in delivering IT services to legal and other industries. Garrett Graney, CEO of IT Solutions, emphasized the expansion as part of their strategy to bridge the gap between technology and people while enhancing local client-focused services. Tyler Sanders, CEO of PACE, lauded the partnership for its enhanced focus on security and client needs. IT Solutions aims to invest further in North America and engage in strategic partnerships.
Sectors
- Information Technology Services
- Legal Services
Geography
- Canada – The acquisition of PACE Technical marks IT Solutions Consulting's entry into the Canadian market, expanding its geographical presence.
Industry
- Information Technology Services – The article discusses the acquisition of PACE Technical by IT Solutions Consulting, expanding their IT service reach into the Canadian market, particularly focusing on managed services.
- Legal Services – The focus on law firms and compliance in the article relates to the provision of specialized IT services to the legal sector.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| IT Solutions Consulting | Buyer | Company | A leading managed service provider for legal, healthcare, and commercial firms in the United States. |
| PACE Technical | Target Company | Company | A Toronto-based provider of outsourced IT services for small to medium-sized businesses. |
| Garrett Graney | CEO | Person | CEO of IT Solutions Consulting, advocating the expansion into the Canadian market. |
| Tyler Sanders | CEO | Person | CEO of PACE Technical, excited about the partnership with IT Solutions Consulting. |
| Nautic | Private Equity Firm | Company | PE Firm backing IT Solutions Consulting in its strategic growth and acquisition efforts. |