IT Solutions Expands with Acquisition of Cutting Edge Network Technologies
Deal News | Jul 17, 2025 | Nautic
IT Solutions, a managed service provider, has announced the acquisition of Cutting Edge Network Technologies, a respected IT service provider based in Maitland, Florida. This acquisition strengthens IT Solutions' presence in the Southeast, particularly enhancing capabilities in the Greater Orlando area. Both companies have a focus on secure and compliance-oriented IT services, especially in regulated industries such as healthcare, financial services, and the legal sector. Garrett Graney, CEO of IT Solutions, emphasized the shared values of client success and professionalism between the two companies. Similarly, John Degen-Courson, Founder & CEO of Cutting Edge, expressed excitement about joining forces to continue providing innovative IT solutions. This move is part of IT Solutions' broader strategy of sustainable growth and partnership expansion throughout North America. The financial terms of the deal were not disclosed.
Sectors
- Information Technology Services
- Private Equity
Geography
- United States – Both IT Solutions and Cutting Edge operate primarily within the United States, and the acquisition strengthens the former's presence in the Southeast.
- Florida – Cutting Edge Network Technologies is based in Maitland, Florida, making this state a central geographical focus of the acquisition.
Industry
- Information Technology Services – The article pertains to the acquisition of an IT service provider, emphasizing the delivery of MSP and technology solutions.
- Private Equity – Nautic is mentioned as a related Private Equity firm, indicating involvement in financing or supporting the transaction.
Financials
- Not Disclosed – The financial terms of the acquisition between IT Solutions and Cutting Edge Network Technologies were not disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| IT Solutions | Acquirer | Company | A managed service provider expanding its footprint in North America through strategic acquisitions. |
| Cutting Edge Network Technologies | Target Company | Company | An IT service provider based in Maitland, Florida, known for its secure and compliance-focused services. |
| Nautic | Private Equity Firm | PE Firm | A PE firm mentioned in association with the acquisition, potentially supporting IT Solutions' expansion. |