Aliter Capital completed the acquisition of ITM Communications.

Aliter Capital, a private equity firm, completed the acquisition of ITM Communications, a network connectivity and it managed services provider. Financial terms were not disclosed. “We have been aware of Aliter for some time and having seen what they achieved historically with North, a business operating in sectors similar to ITM, we believe strongly the added support of the right investment partner with significant experience and resources will help us accelerate the next stage of ITM’s development. It’s an exciting prospect and we are enthused by the opportunities this will bring to our customers, suppliers and staff,” Mark Barber, ITM Director.