Alchemy Technology Group Acquires Freeit Data Solutions
The cybersecurity consulting firm absorbs the Austin-based IT provider to bolster its Texas operations.
Updated on Oct. 28, 2026 in Cybersecurity
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Alchemy Technology Group has officially acquired Freeit Data Solutions. This move integrates the Austin-based IT and cybersecurity firm into Alchemy's existing platform.
Why it matters
The acquisition is part of a strategy to build a national cybersecurity platform through targeted expansion. It specifically strengthens Alchemy's capacity to serve state, local, and education organizations.
Freeit Data Solutions has provided IT and cybersecurity services for more than 16 years. The business is now being integrated into the broader technology infrastructure managed by Alchemy Technology Group.
The players
Alchemy Technology Group
This cybersecurity advisory and consulting firm functions as a portfolio company for Avance Investment Management.
Freeit Data Solutions
Based in Austin, this IT and cybersecurity provider has spent over 16 years serving the local market.
Avance Investment Management
This investment firm provides the financial backing for Alchemy Technology Group's platform development.
The details
Alchemy Technology Group, a consulting and reseller firm, acquired the Texas-based company to broaden its regional footprint. By incorporating Freeit Data Solutions, Alchemy gains additional depth to its service offerings for public sector and educational clients.
Timeline
The acquisition was finalized on October 28, 2026.
The Tech Race
This move highlights the ongoing consolidation trend in the managed cybersecurity services market. It reflects a wider shift where regional specialists are absorbed into private equity-backed national platforms to achieve greater scale.
Clients of Freeit Data Solutions will transition into the unified service platform maintained by Alchemy Technology Group. This change aims to expand the range of cybersecurity and IT tools available to local businesses and public organizations.
The takeaway
Companies undergoing acquisition should focus on maintaining service continuity during the integration of platforms. Stakeholders can benefit from increased service depth once the transition to a larger organizational structure is complete.
Further reading
For more on the current state of regional digital security, explore Texas Cybersecurity.
Source note: This article includes information reported by Morningstar.
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