Inside INdiana Business

Merrillville IT company acquired

(photo courtesy of Proven IT)

MERRILLVILLE, Ind. (Inside INdiana Business) — An IT security provider in northwest Indiana is under new ownership. Think Tank NTG Inc., headquartered in Merrillville, has been acquired by Illinois-based Proven IT, though financial terms of the deal are not being disclosed.

Proven IT says the acquisition will allow it to continue expansion into the region and work with a wider range of organizations in the Midwest. Jim Gagan, former president of Think Tank, says the deal will provide additional technology solutions for customers.

“My organization and I are extremely excited to partner with Proven IT to lead additional growth in Northwest Indiana,” Gagan said in a news release. “We initially approached Proven IT about this partnership because we believed that Proven and Think Tank, were well-aligned and that the expansion of services would be a true benefit to our clients.”

The acquisition includes the office building that houses Think Tank. Proven IT says it plans to staff as many as 75 employees at the location, though it was not clear how many of those will be new workers.