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Interactive Technology Solutions (ITSolutions) acquires Peace Technology
[November 16, 2010]

Interactive Technology Solutions (ITSolutions) acquires Peace Technology


Nov 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.

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