Intelligent Technical Solutions Strengthens Texas Presence Through Velocity IT Partnership

In a notable development within the IT services industry, Intelligent Technical Solutions (ITS), a prominent player backed by Tower Arch Capital, has announced its recent partnership with Velocity IT. Based in Dallas, Texas, Velocity IT is renowned for its expert managed IT services tailored for small- and mid-sized businesses. Since its inception in 2010, the company has built a commendable reputation for exceptional customer service and innovative technical solutions.

The strategic collaboration between ITS and Velocity IT is expected to enhance ITS’s operational footprint across Texas. With this partnership, Velocity IT’s existing clients can look forward to receiving the same high level of award-winning service from the same trusted team, while also benefiting from the extensive resources and expertise that ITS brings to the table.

Kenny Riley, the founder and CEO of Velocity IT, expressed his enthusiasm regarding the collaboration. "Since we founded Velocity IT, our mission has been centered on providing cutting-edge solutions while fostering enduring relationships with our clients. Teaming up with ITS empowers us to continue that dedication while offering our team additional resources and opportunities for growth," Riley commented. He further emphasized that this partnership would enable them to enhance their service offerings significantly, benefiting those clients who have placed their trust in them over the years.

Tom Andrulis, CEO of ITS, also shared his thoughts on the partnership, stating, "This partnership symbolizes a crucial turning point in our growth journey. Texas has been strategically selected as a key growth market for ITS, and collaborating with Velocity IT provides us with a committed team on the ground to better serve our customers in the region."

Since entering into a partnership with Tower Arch Capital in May 2022, ITS has rapidly expanded, acquiring ten managed service and cybersecurity providers across the United States. Today, ITS proudly serves over 750 clients from diverse sectors, including architecture, automotive, healthcare, and finance.

While specifics of the partnership terms remain undisclosed, financing for the collaboration was facilitated by Deerpath Capital, with legal and financial advisory support from Calfee, Halter & Griswold LLP and BDO USA LLP.

About Intelligent Technical Solutions (ITS)

Intelligent Technical Solutions is at the forefront of delivering managed IT and cybersecurity services to small and medium-sized businesses throughout the United States. By integrating managed IT services with advanced cybersecurity measures, cloud solutions, and compliance expertise, ITS is dedicated to helping organizations mitigate risks, comply with regulations, and scale securely.

About Tower Arch Capital

Tower Arch Capital operates from Salt Lake City, Utah, focusing on partnering with and growing high-quality family-owned and entrepreneur-driven companies. Their mission is to deliver long-term value to management teams and investors alike, leveraging operational, consulting, and financial expertise to enhance business performance and promote sustainable growth. Their target investments typically include control positions in firms yielding an EBITDA between $8 million and $30 million. For more information, you can visit their official website at www.towerarch.com.