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Disys to acquire healthcare IT staffing firm ALTEK

September 06, 2019

Digital Intelligence Systems LLC, or Disys, agreed to acquire Altek Information Technology.

Based in Frederick, Maryland, with an office in Chicago, Altek provides health information technology for both the government and commercial sectors. Founded in 2004, it is privately held and a woman-owned minority business enterprise/disadvantaged business enterprise at the state level and an economically disadvantaged woman-owned small business at the federal level.

The acquisition expands McLean, Virginia-based Disys’ footprint and expertise within the healthcare space in the Washington, DC, and metro areas as well as in Chicago. According to Disys, a healthcare acquisition was in its strategic plans for 2019 as a “key conduit” to support its future growth goals.

According to Staffing Industry Analysts’ research, healthcare represents a $2.6 billion segment for US IT temporary staffing and $300 million for US IT direct hire staffing, together accounting for a $2.9 billion market.

“The acquisition of Altek brings a number of highly strategic assets to us,” said Disys CEO Mahfuz Ahmed. “Altek’s portfolio of clients enables Disys to expand its scale and focus in this space, as it is a key growth area for us in the future.”

Ahmed also noted “substantial” potential for future growth stemming from the ability to cross-sell Disys service delivery solutions to Altek existing clients.

The acquisition is set to close at the end of September. It follows Disys’ purchase of two organizations over the last two years: Xtreme Consulting Group in 2018 and Princeton Information in 2019.

Disys ranks No. 17 on SIA’s 2019 list of largest IT staffing providers.

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