Boston, MA - Capstone Partners LLC, a national investment banking firm, announced that its client, The AME Group, has acquired the assets of Certified I.T. and related technology, iTricity. The acquisition will provide The AME Group with expanded customer channels to augment its recurring managed services offerings. The purchase of Certified I.T. and iTricity also adds geographic coverage to enhance AME’s current client accounts and related service levels. Capstone has served as investment banking advisor to The AME Group since 2004. The terms of the transaction were not disclosed.
The AME Group, headquartered in Indiana, is an established leader in the outsourced IT support and infrastructure services industry, servicing the Midwestern and Southern U.S. markets. The Company has locations in Indiana, Ohio, Illinois, Tennessee, Louisiana and Texas. Over its 22-year history, the Company has developed deep IT services expertise and has established a loyal customer base comprised of Fortune 500 and middle-market clients within the manufacturing, healthcare, education and government sectors, among others.