Everest Group, a leading global private equity-backed technology organization, has acquired Glew.io, a commerce data and AI-driven analytics platform. The transaction was managed exclusively by IT ExchangeNet, a specialist M&A advisory firm representing IT services, SaaS, and AI-focused founders seeking strategic exits.

The transaction, facilitated by IT ExchangeNet, further expands Net at Work's presence in the U.S. Southeast and strengthens its position as a premier provider of Microsoft cloud and managed services for growing mid-market businesses.

The February edition of DealsDirect features two new assets. EX-862 and EX-861 are now available for qualified buyers to submit their interest. DealsDirect by IT ExchangeNet is the #1 place to list your IT business for sale in the lower-middle market IT Services and Digital Marketing space. Businesses that are listed are being represented by IT ExchangeNet and are for sale. Invest in IT businesses using DealsDirect.

In 2025, the lower middle market is moving from gridlock to high-velocity execution, and our M&A Outlook explains what that means for IT services founders, buyers, and investors.​ For two years, doing a deal felt like trying to start a lawnmower in a blizzard; in 2026, the engine has finally caught, powered by stabilized rates and over 1.2 trillion dollars in global PE dry powder. The M&A Middle Market 2026 Outlook highlights valuations and more.

Today, IT ExchangeNet announced the acquisition of Tidal Communications by Xobee Networks back by O2 Investment Partners. Tidal Communications is a business communications company specializing in traditional and cloud-based phone systems, network infrastructure, and call center solutions. IT ExchangeNet’s deep industry knowledge and unparalleled global network of buyers were instrumental in maximizing Tidal's value.

The Federal Reserve announced yesterday a 25-basis-point cut in interest rates, lowering the federal funds rate to a range of 4% to 4.25%, marking its first rate reduction this year amid signs of a softening labor market and persistent inflation concerns. For owners of IT and digital marketing firms, this move could be pivotal.

Corporate Technologies, a leading national managed service provider (MSP) offering IT and cybersecurity solutions, has acquired NuMSP.