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TRANSACTIONS

Fairmount Partners has closed 315+ domestic and international transactions since inception throughout North and South America, Asia, Australia, Europe and the Middle East

Technisource Acquires Impact Innovations Group

  • Fairmount Partners
  • Dec 5, 2005
  • 2 min read

WEST CONSHOHOCKEN, PA – December 5, 2005 – IntelliMark Holdings, Inc. announced today that it has acquired Impact Innovations Group. Impact Innovations Group, headquartered in Dallas with operations also in Atlanta, provides its clients a comprehensive array of management solutions, and outsourcing and staffing services in these key markets. The company’s founders and entrepreneurial leaders, Jon Piot, John Martin, and John Baschab, lead a high regarded team whose key clients include Fortune 500 and mid-sized companies and private equity firms.


“This transaction positions Technisource as a strategic IT partner for companies of all sizes. We are now able to offer our clients a broad platform of services to optimize their IT operations,” said Stephen R. Bova, chairman and CEO of Technisource.


IntelliMark Holdings also announced that it is consolidating its business units under its Technisource brand name. Including the IIG acquisition, Technisource’s units will now include:


  • Technisource Consulting Services (TCS), a national provider of technical consultants specializing in IT and engineering for companies of all sizes.

  • Technisource Management Services (TMS), a leading IT assessment, consulting and managed services provider to mid-market companies.

  • Technisource Integration & Support Services (TISS), engaged in providing systems integration, deployment, support and help desk services to companies and organizations of all sizes on a national basis.


With this transaction, Technisource, headquartered in Little Rock, Arkansas, will have current revenues of approximately $300 million, employing approximately 3,000 people in 35 offices throughout North America. The company’s clients include Fortune 500 and middle market companies in a variety of industries including financial services, communications, healthcare, manufacturing, retail and government.


Technisource is a privately held company whose majority investor is Charlesbank Capital Partners, a private equity investment firm that manages assts totaling more than $1.5 billion.


Principals of Fairmount Partners acted as advisors to Technisource in this transaction.

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