CMIT Solutions has acquired Velox Systems to enhance its IT service offerings, particularly in cybersecurity and automation, strengthening its position in the managed services market.

Information on the Target

CMIT Solutions, a premier provider of enterprise-class IT solutions for small and medium-sized businesses, has expanded its portfolio through the acquisition of Velox Systems, a managed service provider based in Central Oregon. This strategic move incorporates Velox's expertise in advanced automation and Cybersecurity Maturity Model Certification (CMMC). Jordan Smith, the CEO of Velox, is set to continue in his role, ensuring a seamless transition for both employees and clients.

With a network that spans over 270 locations, CMIT Solutions specializes in aiding businesses in the planning, implementation, management, and security of their IT systems. The integration of Velox's CMMC certification will empower CMIT to serve clients in highly regulated sectors, including aerospace, healthcare, and government, providing a robust cybersecurity framework and optimized IT operations.

Industry Overview in the United States

The managed services industry in the United States has witnessed significant growth over the last several years, driven by the increasing demand for IT solutions that can automate processes and e