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Vitis Technologies completes acquisition of Conexio in Cincinnati to enhance MSP capabilities

Feb 05, 2025•10 months ago

Acquiring Company

Vitis Technologies

Acquired Company

Conexio

CincinnatiCincinnatiConsultingInformation Technology

Description

Vitis Technologies, a leading technology solutions and managed services provider, has announced its acquisition of Conexio, an established managed services provider in Cincinnati, Ohio. The merger brings 21 skilled employees and many new clients into Vitis Technologies, expanding its capacity to serve clients across Greater Cincinnati and Northern Kentucky. This acquisition is a clear testament to Vitis's commitment to expanding its talent pool and enhancing its capabilities in the Managed Services Provider (MSP) industry.

Company Information

Company

Vitis Technologies

Location

Cincinnati, Ohio, United States

About

Vitis Technologies is a Prosource company based in Blue Ash, Ohio and delivers fully managed IT and cybersecurity solutions that protect, power, and connect businesses across Ohio, Kentucky, Indiana, and West Virginia. Vitis pairs industry-leading resources and IT expertise with a people-first approach to streamline operations, increase uptime, and decrease risk.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed