One Equity Partners is purchasing Rizing LLC, a provider of information technology integration systems and related services, from Bunker Hill Capital. Financial terms of the deal were not disclosed. One Equity was previously added to Mergers & Acquisitions’ 10 Young and Thriving PE Firms Worth Watching list in 2017.

Founded in 2003, Rizing provides IT consulting services to businesses that rely on enterprise software focused on systems, applications and programs (SAP). The Stamford, Connecticut-based target services industry verticals within the SAP realm, including enterprise asset management, human capital management within the retail and consumer sectors. Rizing operates from 14 regional offices across the U.S., Canada, the Netherlands, United Arab Emirates, Singapore, Malaysia and Australia.

One Equity is a middle-market private equity firm that was founded in 2001 as Bank One’s PE arm. In 2005, the firm became part of J.P. Morgan Chase & Co. (NYSE: JPM) in the same capacity and in 2015, One Equity became independent through a completed spinoff. The firm has offices in New York, Chicago and Frankfurt.

Bunker Hill is a Boston private equity firm focused on making investments in lower middle-market companies. The firm is currently invested in a number of platform companies, including: Aspeq Heating Group, Courtagen Life Sciences Inc., Dyno LLC, Hubbardton Forge and Taos.

As companies are looking to migrate to the cloud, tech companies have steadily grown attractive to dealmakers. A number of PE firms are continuing to bet large on technology and software services. Other deals involving information technology services include: Thoma Bravo’s purchase of risk management tech service provider Riskonnect Inc. and IT service provider Continuum; Honeywell International Inc.’s (NYSE: HON) purchase of Nextnine; Open Text Corp.’s (Nasdaq: OTEX) buying of Guidance Software Inc.; and Symantec Corp.’s (Nasdaq: SYMC) plans to buy Fireglass for undisclosed terms.