A fast-growing San Luis Obispo information-technology firm is expanding its footprint in the central San Joaquin Valley with its acquisition of Fresno-based Innovative IT Inc.
The terms of the acquisition were not disclosed.
TekTegrity said the merger increases its staff to 65 employees and boosts its client base to almost 300 businesses in Central California. The company was on Inc. magazine’s Inc. 5000 list of fastest-growing private businesses in both 2013 and 2014. Its reported $4.9 million in revenue in 2013 represented a 149% increase in revenue over a three-year period, landing the company at No. 2,536 on the 2014 Inc. 5000 list.