TMCnet News
Interactive Technology Solutions (ITSolutions) acquires Peace TechnologyNov 16, 2010 (Datamonitor Financial Deals Tracker via COMTEX) -- Interactive Technology Solutions, LLC (ITSolutions) has acquired all of the outstanding stock of Peace Technology, Inc., a provider of technical services for the designing, development, deployment, management and support of complex applications for the federal government. Both the entities are based in the US. ITSolutions is a provider of business management and information technology (IT) consulting services. The McLean Group, LLC acted as the exclusive financial advisor to Peace Technology. Deal Type Acquisition Sub-Category 100% Acquisition Deal Status Completed: 2010-11-15 Deal Participants Target (Company) Peace Technology, Inc. Acquirer (Company) Interactive Technology Solutions, LLC Deal Rationale The acquisition will further support ITSolutions' continued growth. |
