Isaac Stoll buys IT services firm SyncSite after 28 years
What's the deal? Buyer Isaac Stoll has acquired SyncSiteDealroom has a profile for this one. Try Dealroom →, a Tampa-based software development and managed IT services firm, in a deal brokered by Website ClosersDealroom has a profile for this one. Try Dealroom →. Terms were not disclosed. The sale, announced November 2, 2026, marks an exit for founder Nick Kyriazis.
What does SyncSite do? Founded in 1996, the company serves clients in manufacturing, distribution, and technology. Its offerings span custom software development, CRM systems, business intelligence tools, email marketing automation, managed IT services, and hosting.
The rationale: Brokers pointed to SyncSite's recurring revenue, client retention, and nearly three decades of operating history as the draw. "SyncSite represents the type of high-quality technology business buyers actively seek: deep client relationships, diversified service lines, and durable recurring revenue," said Lenny Farber, broker at Website Closers.
What changes? Stoll plans to build on the firm's position and expand its offerings. "Its combination of custom solutions, managed services, and long-standing enterprise relationships creates a strong foundation for growth," he said.
A caveat: The announcement calls this a "massive" deal but discloses no price or terms. Claims of a near-asking-price sale and strong demand come from the broker's press release, not independent reporting.
The signal: For context, strategic buyers are paying real sums for specialized software — Guidewire agreed in October to buy UK insurer-software firm hyperexponential for $1.7 billion upfront, plus up to $400 million tied to recurring-revenue targets. Without disclosed terms, though, SyncSite is best read as a privately brokered ownership change rather than evidence of a sector-wide M&A wave.
Read more: AP News
Image credit: Generated with Gemini
