Exit·Technology/Managed IT Services·May 6, 2026
Salt Creek Capital sells IT Assist to TeamLogic
Creates a platform investment for TeamLogic around IT Assist and its operating business and adding another asset to the relevant private-equity portfolio.
Takeaways
- IT Assist is a managed IT services, cloud solutions, and cybersecurity for small and mid-sized businesses.
- Salt Creek Capital is exiting IT Assist through a sale to TeamLogic.
- The target serves healthcare, life sciences, education, manufacturing across Newtown, Pennsylvania.
BuyerTeamLogic
TargetIT Assist
SponsorSalt Creek Capital
SellerIT Assist
TypeExit
GeographyNewtown, Pennsylvania
IndustryTechnology
Sub-sectorManaged IT Services
TeamLogic acquired IT Assist, a managed IT services franchisee serving small and mid-sized businesses.
Salt Creek Capital had backed the Newtown, Pa.-based company since 2020, helping it expand from 11 to 23 territories across healthcare, life sciences, education and manufacturing verticals.
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