What's Happening?
Vertilocity, a technology advisory firm within the HBK family of companies, has acquired Computol, a technology firm based in Toledo, Ohio. This acquisition, effective June 1, aims to expand Vertilocity's technology advisory offerings and strengthen its
ties to the advisory capabilities of HBK. Computol, which services middle-market clients, has $3 million in revenue, 13 staff members, and one office. HBK, headquartered in Canfield, Ohio, is ranked No. 49 on Accounting Today's 2026 Top 100 Firms list, with $184 million in revenue, 110 partners, and over 770 employees across 21 offices. The acquisition of Computol is part of HBK's strategy to enhance its digital transformation, managed IT, and security services for its clients.
Why It's Important?
The acquisition of Computol by Vertilocity is significant as it reflects the ongoing transformation of the mid-market sector through technology. By integrating Computol's expertise, HBK aims to provide a more cohesive and comprehensive advisory service to its clients. This move is expected to enhance HBK's competitive edge in the technology advisory space, offering clients a unified team of advisors rather than separate vendors. The acquisition also provides Computol's professionals with a larger platform to grow their careers and offers clients access to a broader range of services backed by a national advisory organization. This strategic expansion is likely to benefit mid-market companies seeking integrated technology solutions.
What's Next?
Following the acquisition, HBK plans to integrate Computol's team into its broader operations, continuing to provide digital transformation and IT services to its clients. The focus will be on leveraging Computol's knowledge in the Ohio market to enhance HBK's offerings across its footprint. As the mid-market continues to evolve with technological advancements, HBK's expanded capabilities are expected to attract more clients seeking comprehensive advisory services. The firm may also continue its acquisition strategy to further strengthen its position in the technology advisory sector.
