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New Deal


Announced

Completed

Tower Arch-backed Intelligent Technical Solutions completed the acquisition of Digital Seattle.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

it services

Friendly

Majority

Private

United States

IT Services: Other

Single Bidder

Acquisition

Domestic

Completed

Synopsis

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Tower Arch-backed Intelligent Technical Solutions, a provider of IT managed services, completed the acquisition of Digital Seattle, a Seattle-based managed IT service provider. Financial terms were not disclosed. "I've been in the same peer group as Tom Andrulis for 10 years and noticed that ITS and Digital Seattle share core values including operational excellence and an employee-centric culture Partnering with ITS was a natural evolution of our relationship as this partnership will enable us to provide better services to our clients and increased opportunity to our employees," Voiko Tanev, Digital Seattle CEO.

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