iota IT, LLC
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
iota IT, LLC - overview
Established
2013
Location
Leesburg, VA, US
Primary Industry
Software
About
iota IT, LLC, based in the US, specializes in managed IT services and mission-critical software systems, designed to meet complex industry demands, particularly in government, defense, and healthcare sectors. Founded in 2013 in Leesburg, US, iota IT, LLC develops software solutions for various industries. The company has not undergone any significant pivots or changes in business strategy since its inception. There are no parent companies or subsidiaries.
The firm had one deal as of May 13, 2025, when it was acquired by VTG, a portfolio company of Alvarez & Marsal Capital, although financial terms were not disclosed. iota IT specializes in developing mission-critical software systems tailored to meet the complex needs of various industries. The primary offerings include a range of custom software solutions designed to enhance operational efficiency and ensure system reliability, particularly beneficial for clients in government, defense, and healthcare. These software products integrate seamlessly with existing infrastructures, improving functionality and reducing downtime, while serving a diverse client base across North America and Europe.
iota IT generates revenue through project-based contracts and long-term partnerships. The firm engages in direct transactions with B2B clients, often facilitating ongoing support and maintenance agreements. Revenue is also supplemented by post-deployment customizations and upgrades, with flagship products commanding premium pricing due to their critical role in clients' operations. This structured model supports client relationship solidification and sustainable financial growth.
Following the acquisition by VTG in May 2025, iota IT plans to strengthen its capabilities and expand its portfolio to provide advanced solutions to Defense and Intelligence Community clients. The integration into VTG is expected to enhance their offerings and facilitate entry into new markets by leveraging VTG's resources and connections.
Current Investors
Primary Industry
Software
Sub Industries
IT Infrastructure, Analytics & Performance Software
Website
www.iotait.com
Verticals
Big Data, Cloud Computing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
iota IT, LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | iota IT, LLC | - |
Displaying 1 - 1 of 1

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.