Prominent IT firm acquired by $180M Virginia company

TAMPA — IT Authorities, a Tampa IT firm that generated $33.7 million in gross revenue as recently as 2018, has been acquired by Fairfax, Va.-based WidePoint Corp., which specializes in mobile and telecom lifecycle management solutions, as well as digital billing and analytics.

Tampa-based Hyde Park Capital Advisors LLC, according to a news release, served as investment banker for IT Authorities, which was founded in 2002 and serves as a managed service provider (MSP) for more than 110 enterprise clients across North America. It has more than 100 employees and has been named to the Inc. 5000 list of the fastest-growing companies in American seven times.