Alchemy Technology Group, LLC
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Alchemy Technology Group, LLC - overview
Established
2016
Location
Houston, TX, US
Primary Industry
Software
About
Based in the US, Alchemy Technology Group, LLC operates as a provider of information technology infrastructure and outsourcing solutions for businesses. Based in Texas, US, and founded in 2016 by co-founders Travis Graham, Wes Davis, and Mike Quirin, Alchemy Technology Group, LLC operates as a provider of cloud-based infrastructure and other outsourced information technology services such as consulting, cybersecurity, and support. In April 2026, Alchemy Technology Group, LLC, a portfolio company of Avance, acquired IOvations. Alchemy Technology Group, LLC specializes in an information technology advisory, consulting, and reseller, focused on cybersecurity, modern workspace, cloud infrastructure, data/AI, and application development.
The company offers reseller and service provider of high-growth software as a service (SaaS) solution. As of 2024, the firm serves a variety of client bases across high-compliance end-markets, delivering high-impact, software solutions including cyber security, identity and access management, hybrid cloud, Desktop as a Service (DaaS), and data offerings. Alchemy Technology Group generates revenue through IT advisory and consulting fees, enterprise technology implementation projects, managed and professional services, and staffing engagements. It also earns reseller and licensing margins from partnerships with major technology vendors across cybersecurity, cloud infrastructure, digital workspace, data analytics, and AI solutions.
The April 2026 acquisition enables Alchemy Technology Group, LLC to enhance and accelerate its next phase of growth in the software technology sectors.
Current Investors
Avance
Primary Industry
Software
Sub Industries
Consulting Services, Offshore IT Services/IT Outsourcing, IT Infrastructure, IT Security/Cybersecurity, Systems Management Software, Analytics & Performance Software
Website
www.alchemytechgroup.com
Verticals
Artificial Intelligence, Cloud Computing, Cloud Computing
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Alchemy Technology Group, 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 | Iovation Inc. | - | ||||||||
| Add-on | Completed | Enterprise Computing Solutions, Inc. | - | ||||||||
| Growth | Completed | Alchemy Technology Group, LLC | - |
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