Trace3 to acquire LaSalle Solutions from Fifth Third Bank.

Trace3, an information technology company and managed service provider, agreed to acquire LaSalle Solutions, a business division of Fifth Third Bank, a bank headquartered in Cincinnati, Ohio. Financial terms were not disclosed. "For years we have provided consulting services on how to leverage technology and data to help businesses grow and operate efficiently. It’s clear many organizations continue to struggle with maintaining visibility across their increasingly complex IT environments, especially as they evolve toward hybrid cloud. LaSalle will help us provide that visibility and insight for clients to more efficiently manage their IT assets, maintenance agreements, and ultimately simplify IT lifecycle processes," Rich Fennessy, Trace3 CEO.