IOvations Acquired by Alchemy Technology Group | Technology M&A Deal

Alchemy Technology Group has completed the acquisition of IOvations, a cybersecurity business in Texas, for an undisclosed amount. IOvations provides cybersecurity services and technology support for organizations seeking risk reduction, threat detection, and compliance readiness. Alchemy Technology Group is a Houston-based IT advisory, consulting, and reseller that expands its cybersecurity offering through this add on acquisition. The Alchemy Technology Group acquisitions are backed by Avance, reflecting private equity acquisition strategy and add on acquisition execution in technology M&A. The IOvations acquisition was announced and is expected to close under standard deal terms, with details not yet publicly confirmed.