Cyber Safety

Alchemy Technology Group Acquires Cybersecurity Provider Freeit Data Solutions

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07 Nov 2026, 10:26 AM IST · GlobeWire Daily Editorial Desk · Source: www.prnewswire.com

2 min read

Key takeawaysAlchemy Technology Group, an IT advisory, consulting, and reseller firm backed by Avance Investment Management, has announced the acquisition of Freeit Data Solutions, Inc. Based in Austin, Texas, Freeit specializes in data management, infrastructure, and cybersecurity solutions.

Alchemy Technology Group Acquires Cybersecurity Provider Freeit Data Solutions

Original GlobeWire Daily editorial illustration — not an event photograph.

Strategic Acquisition Expands Texas Footprint

Alchemy Technology Group, an IT advisory, consulting, and reseller firm backed by Avance Investment Management, has announced the acquisition of Freeit Data Solutions, Inc. Based in Austin, Texas, Freeit specializes in data management, infrastructure, and cybersecurity solutions.

According to the announcement, the transaction is designed to bolster Alchemy's presence in Texas and expand its service portfolio. The combined entity aims to strengthen capabilities across several key technical areas, including:

Security and compliance
Hybrid cloud architectures
Data backup and protection
Storage and hyperconvergence
Virtual desktop infrastructure (VDI)
Data archiving and consulting services

Focus on Public Sector and Enterprise Clients

For more than 16 years, Freeit has provided technology solutions to state, local, and education (SLED) organizations, as well as midsize commercial and enterprise businesses. The company has navigated complex public-sector procurement processes and channel requirements in Texas, including relationships supported by the Department of Information Resources (DIR).

Leadership from both organizations expressed optimism regarding the merger. Wes Davis, Co-CEO and Co-Founder of Alchemy, noted that Freeit's emphasis on trusted relationships and technical expertise aligns with Alchemy's operational philosophy. Wayne Orchid, President of Freeit Data Solutions, stated that the acquisition provides additional resources to support customer needs while maintaining existing team relationships.

Growth Strategy and Verification

This transaction forms part of Alchemy's broader strategy to establish a national platform through targeted acquisitions. The company focuses on acquiring firms with established customer relationships and technical specializations.

How to Verify

Interested parties can review official announcements and verify corporate details by visiting the respective company websites:

Alchemy Technology Group: www.alchemytechgroup.com
Freeit Data Solutions: www.freeitdata.com
Avance Investment Management: www.avanceinv.com

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Read the original source: Alchemy Technology Group Acquires Freeit Data Solutions, an Austin-Based IT and Cybersecurity Solutions Provider - PR Newswire

AI-assisted reporting; source claims are attributed and have not been independently verified.

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