Information on the target
ePlus Inc. is a leading provider of IT services and solutions, specializing in delivering comprehensive technology solutions to businesses across various sectors. Founded in 1990, the company has established a strong presence in the IT Services & Consulting (NEC) industry, with a focus on enhancing operational efficiency and driving digital transformation for its clients. ePlus has made a total of 11 acquisitions, expanding its capabilities and market reach in the United States and the United Kingdom.
The most recent acquisition by ePlus is Daymark Solutions, a Lexington-based provider of IT service suite solutions founded in 2001. Acquired in August 2026, Daymark Solutions enhances ePlus's portfolio by adding expertise in Microsoft, cloud, and cybersecurity services, further solidifying its position in the competitive IT landscape.
Industry overview in the target’s specific country
The IT Services & Consulting (NEC) industry in the United States is characterized by rapid growth and innovation, driven by the increasing demand for digital transformation across various sectors. As businesses seek to leverage technology to improve efficiency and customer engagement, the IT services market has expanded significantly. In 2023, the U.S. IT services market is projected to reach approximately $500 billion, reflecting a robust compound annual growth rate (CAGR) of around 8% over the past five years.
One of the key trends in the U.S. IT Services & Consulting industry is the rising adoption of cloud computing solutions. Organizations are increasingly migrating their operations to the cloud to enhance scalability, reduce costs, and improve collaboration. This shift has created substantial opportunities for IT service providers to offer cloud migration, management, and security services, positioning them as essential partners in their clients' digital journeys.
Moreover, the growing emphasis on cybersecurity has further propelled the demand for IT consulting services. With the increasing frequency and sophistication of cyber threats, businesses are prioritizing investments in cybersecurity measures. IT service providers are responding by offering comprehensive security solutions, including risk assessments, threat detection, and incident response services, thereby enhancing their value proposition in the market.
Additionally, the U.S. IT Services & Consulting industry is witnessing a surge in the integration of artificial intelligence (AI) and machine learning (ML) technologies. Companies are leveraging AI-drive…