• Intelligent Technical Solutions, a Tower Arch Capital portfolio company, recapitalized Dallas-based managed IT services provider Velocity IT with founder-CEO Kenny Riley.
• Velocity IT, founded in 2010, serves small- and mid-size businesses; the deal expands ITS’s footprint in Texas.
• Velocity IT will continue operating with its existing team as part of the ITS platform.
• Deerpath Capital provided financing; transaction terms were not disclosed.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tower Arch Capital LLC published the original content used to generate this news brief on August 05, 2026, and is solely responsible for the information contained therein.