• Intelligent Protection Management agreed to acquire Advanced Technology Distributors' IT and telecommunications services business for up to $2.7 million, subject to adjustments.
• The buyer will acquire 49% of AdTech IT at the first closing, then the remaining 51% at the final closing.
• Both closings depend on separate California Public Utilities Commission license approvals and other closing conditions.
• Consideration includes cash at both closings, a seller note and a performance-based earnout tied to milestones.
• The acquisition will expand the buyer's California customer base, with opportunities to cross-sell cybersecurity, cloud and managed IT services.

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. Intelligent Protection Management Corp. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202610221730ACCESSWRNAPR_____1240142) on October 22, 2026, and is solely responsible for the information contained therein.