Corporate Technologies, a Minneapolis-based managed IT services provider backed by Tonka Bay Equity Partners and Northstar Capital, has acquired RPM Technologies. The Indianapolis-based firm, founded in 2006, expands Corporate Technologies' footprint to 21 markets nationwide, strengthening its position serving small and mid-sized businesses with comprehensive IT and cybersecurity solutions.

The acquisition represents continued consolidation in the managed IT services sector, where private equity firms are actively pursuing growth through strategic acquisitions. RPM Technologies brings established market presence and technical expertise to Corporate Technologies' portfolio, enabling the combined entity to offer more robust service offerings across a broader geographic footprint without requiring significant organic expansion.

While financial terms of the deal remain undisclosed, the move aligns with Corporate Technologies' expansion strategy amid growing demand for cybersecurity and IT management services among small and mid-sized businesses. The consolidation reduces competition in the Midwest market while positioning the combined entity to capture additional market share through economies of scale and cross-selling opportunities between the two organizations.