Advanced Technology Services acquires Innovative Technology Solutions
Companies see growth opportunities in IT services market
Manufacturing services company Advanced Technology Services (ATS) has acquired Innovative Technology Solutions, LLC (ITS), an IT managed services and technology consulting company. While ATS officials said the two brands will remain separate, the acquisition expands ATS into the growing information technology (IT) services market.
“The acquisition is a perfect fit for both companies,” said Jeff Owens, CEO of Peoria, Ill.-based ATS. “There’s growing demand for managed IT services, so strengthening our capabilities in these areas elevates the ATS value proposition. ITS will benefit from increased global exposure, a strong corporate infrastructure and an expanded portfolio of services. But the most exciting aspect is that by working together, we’ll provide comprehensive IT consulting and managed services that are unmatched in the marketplace.”
Innovative Technology Solutions provides strategic consulting and technology tools for the IT market. In a press release, company officials said the acquisition means “ITS can now offer an enhanced service portfolio to its diverse customer base and take advantage of accelerated growth opportunities.”