Vology Acquired By ATSG
Sellside advisor to Vology
7 Mile Advisors Acts As Sellside Advisor To Vology Inc, a Southeast Florida Based Leading Managed IT, Security, and Cloud Services Provider, On Their Acquisition By ATSG
The acquisition will extend ATSG’s ability to deliver end-to-end cloud transformation and managed services across their national footprint
CHARLOTTE, NC – Vology Inc. (“Vology”), a leading provider of managed services, technology consulting, and product procurement solutions and one of the largest IT firms in the Tampa Bay area, was acquired by ATSG, a leading tech-enabled managed services and solutions company. 7 Mile Advisors acted as the exclusive sellside advisor to Vology throughout the transaction.
“Vology’s rich history was underscored by a successful transition from a technology procurement solution provider to an IP-enabled Cloud, Cyber, and Infrastructure Managed Services provider. Throughout the journey, Vology’s leadership remained focused on its clients. Vology and ATSG share this dedication to quality service and client satisfaction, and 7MA is looking forward to Vology and ATSG’s continued growth.” said Tim Frye, Managing Director at 7 Mile Advisors.
With a portfolio that directly complements ATSG’s Digital Workplace, Digital Infrastructure, and Cybersecurity services, this acquisition will further bolster ATSG’s advanced security, cloud, and managed services, providing for accelerated innovation and automation across their entire portfolio and platform. With the Vology acquisition, ATSG continues to grow its customer relationships and overall offerings while adding specific emphasis on Digital Transformation, Cybersecurity, Multicloud, and Managed Network Services, building on their Global Enterprise Network Operations, Cloud Migration offerings, and automation platforms.
Vology’s strong relationship with its clients and experience in bringing an expanded set of services to the market with thoughtful automation was of the highest importance. Located in Clearwater, Florida, this acquisition will strengthen ATSG’s National Footprint with a deepening presence in the Southeast, United States. In addition, the team of Vology experts and engineers holds an array of impressive certifications and specializations, providing even further scale, capabilities, and technical expertise to ATSG.
“The Vology acquisition was a strategic choice to complement both ATSG’s well-established Intelligent Solutions as a Service portfolio and ever-expanding geographic presence throughout the Southeast,” said Anthony J. D’Ambrosi, Chief Executive Officer of ATSG. “Our partnership with Vology has provided accelerated innovation and automation at scale, along with a rich cultural alignment centered around our people and our clients. We are excited to rapidly integrate the two organizations, leveraging our global footprint, to deliver client success in today’s dynamic marketplace.”
“Vology is pleased to join the OneATSG family,” said Tom York, Chief Executive Officer of Vology. “Two things are critically important to differentiate in today’s technology solutions marketplace: meaningful client innovation, and ability to scale both in your portfolio and global presence. Vology’s innovation and automation will accelerate by rolling into the ATSG Ai² suite. Vology clients can take advantage of ATSG’s expanded portfolio and global delivery model.”
7 Mile Advisors is pleased to have completed over 30 successful transactions in the past 12 months in the Technology and Business Services ecosystem, many of those being cloud service providers. As the need for digital transformation continues to drive M&A the team at 7 Mile is prepared to assist business owners looking to pursue strategic opportunities both on the buyside and sellside. For more information about 7 Mile’s services and areas of expertise visit www.7mileadvisors.com.
About 7 Mile Advisors
7 Mile Advisors provides Investment Banking & Advisory Services to the Business Services and Technology Industries globally. 7 Mile Advisors advises on M&A and private capital transactions, and provides market assessments and benchmarking. As a close-knit team with a long history together and a laser focus on our target markets, 7 Mile Advisors helps its clients sell companies, raise capital, grow through acquisitions, and evaluate new markets. All securities transactions are executed by 7M Securities, LLC, member FINRA / SIPC. For more information, including research on the M&A markets, visit www.7mileadvisors.com.
About Vology, Inc.
Vology, a leading Managed IT, Security and Cloud Services Provider, positions companies for growth by empowering digital transformation and delivering custom solutions.
ATSG is a global leader in transformational technology solutions as a service for today’s digital enterprise. Through ATSG’s service portfolio of secure Digital Infrastructure, Digital Workplace, Collaboration, and Customer Experience offerings, ATSG provides Intelligent IT leveraging its comprehensive Ai² automation platform. Headquartered in Manhattan, New York, ATSG is a portfolio company of RunTide Capital, a private equity firm focused on building tech-enabled growth companies.