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LIVE DESK·Global markets desk·Last updated 14s ago
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Trace3 to buy Calian’s U.S. IT business in carve-out deal

Trace3 will acquire Calian’s commercial IT operations in Texas and Minnesota, expanding managed services and cybersecurity offerings. Deal terms undisclosed, closing expected next month.

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Lucas Ferreira · Deals & Startups Desk · 27 Aug 2026 · 20:00 · 1 min read
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Trace3 to buy Calian’s U.S. IT business in carve-out deal

Trace3, a technology consulting and integration firm based in Irvine, California, said it will acquire the U.S. commercial IT business of Calian Group through a carve-out transaction. Financial terms were not disclosed.

The deal is expected to close next month and includes facilities and personnel in Texas and Minnesota. The acquired operations encompass managed services infrastructure, a security operations center, two 24/7 network operations centers, and integration centers for solution deployment.

Trace3 will gain combined service offerings spanning software, hardware, consulting, professional services, and managed services, with a focus on AI, cloud, data, and security. The companies share capabilities in cloud and data center, network design, and cybersecurity, and both maintain partnerships with Cisco.

Joe Quaglia, CEO of Trace3, said the acquisition "meaningfully expands our managed services capabilities and operational reach in the U.S., adding the facilities, talent, and service infrastructure to help our clients strengthen resilience, improve visibility, and accelerate transformation across their environments."

Patrick Houston, CEO of Calian, said the company "believes Trace3 is the right organization to build on that success. Together, they will be well positioned to deliver even greater value to clients through complementary capabilities, expanded expertise, and continued innovation."

Calian Group, headquartered in Ottawa, Canada, employs over 6,000 people globally.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Lucas Ferreira
Deals & Startups Desk

Lucas covers M&A activity and startup funding rounds, tracking deal structures and valuations to explain what a transaction means for the companies and markets involved.

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