Vicente Capital Buys Intellectual Technology

Vicente Capital Partners has acquired a controlling stake in Intellectual Technology. Financial terms were not announced. Carlsbad, Calif.-based ITI provides on-demand printing and fulfillment solutions to modernize DMV operations and services. Imperial Capital provided financial advice to ITI.

Vicente Capital Partners Invests in Intellectual Technology

An affiliate of L.A.-based Vincente Capital Partners, a growth equity firm, has acquired a controlling interest in Intellectual Technology of Carlsbad, Calif., which provides hardware and software system integration to motor vehicle departments across North America. Terms of the deal were not disclosed, but Intellectual Technology’s common stock will no longer be traded and the company will be delisted.

PE HUB Community

Join the 12525 members of PE HUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Look Who’s Tweeting

PE HUB News Briefs

RSS Feed Widget