Virtual Technologies Group (VTG), an IT, security, and cloud services firm backed by Jacmel Partners, announced the acquisition of Vector Tech Group, a provider of customized and integrated IT solutions for businesses and organizations. The transaction expands VTG’s presence across the Midwest and strengthens its portfolio of IT infrastructure, cybersecurity, and managed services offerings.
Vector Tech will continue operating as a subsidiary of VTG and will maintain service to its existing customer base and employees. The acquisition broadens VTG’s ability to deliver end-to-end technology solutions across industries, including manufacturing, education, healthcare, government, financial services, professional services, nonprofit organizations, and automotive.
Founded in 1991 in Freeland, Michigan, Vector Tech provides managed IT services, cybersecurity, cloud hosting, consulting, IT staff augmentation, and network infrastructure design and implementation. The company also operates three software as a service platforms: Vector Cloud hosting, VectorFi wired and wireless network management, and the VectorFi Enrollment System (VeS) for secure network access management.
VTG said the addition of Vector Tech complements its existing capabilities and enhances its ability to deliver scalable IT infrastructure and cybersecurity solutions to a broader client base. The company currently serves more than 1,000 customers nationwide and continues to expand its platform through acquisitions.
The Vector Tech transaction follows VTG’s recent acquisition of Whitlock IS, a software solutions and IT services firm focused on federal and enterprise clients. Together, the deals reinforce VTG’s strategy of building a comprehensive IT services platform supported by strategic investment from Jacmel Partners.
Brightwood Capital Advisors provided financing for the acquisition. Woodbridge International LLC, a subsidiary of Mariner Wealth Advisors, served as sell side advisor to Vector Tech. Ice Miller LLP and Willkie Farr & Gallagher LLP acted as legal counsel to Jacmel and VTG, while Braun Kendrick Finkbeiner represented Vector Tech.
KEY QUOTES
“Beyond the clear strategic and complementary fit with VTG’s platform, Vector Tech’s dedicated employee base and exceptional customer service make it an invaluable addition to our IT service offerings and organization. This partnership expands our product portfolio and enhances our ability to serve our clients with greater capabilities and expertise.”
Greg Yarrington, Chief Operating Officer at Virtual Technologies Group
“Today’s announcement represents another exciting step forward in VTG’s evolution. We recognized the strength of Vector Tech’s growth trajectory and the potential for even further expansion across its platforms, including for its infrastructure and cybersecurity offerings and its scalable K-12 customer deployment model.”
Nick Jean-Baptiste, Chief Executive Officer of Jacmel Partners
“This is a fantastic opportunity for Vector Tech, and we’re very excited for what’s ahead as we partner with Jacmel and VTG. We’ll be uniquely positioned to serve a larger and more diversified customer base, while continuing to bring the same high-quality services that have defined our firm for more than three decades.”
William Loiacano, President and Chief Executive Officer of Vector Tech Group
