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Northern Illinois, anchored by the Chicago metro area, has emerged as one of America's premier technology hubs. The region's diverse economy, world-class universities, and growing startup ecosystem attract significant buyer interest from strategic acquirers and private equity firms seeking platform investments.
The Chicago tech ecosystem employs over 106,000 people. 8% of the regional workforce, and has grown 18% over the past decade, significantly outpacing overall economic growth.
Most Northern Illinois technology transactions fall within the lower-middle market, with valuations driven by recurring revenue multiples, growth rates, customer retention, and intellectual property strength.
Northern Illinois's technology concentration spans software development, data services, fintech, healthtech, and IT services with strong talent pipelines from leading universities.
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trusted local experts
Northern Illinois offers a combination of technical talent, diverse industry applications, and strategic location, making local technology companies highly attractive acquisition targets.
Chicago ranks fourth nationally in computer science degree completions, with over 25,000 STEM degrees awarded annually from institutions including University of Chicago, Northwestern, and Illinois Tech.
Northern Illinois's strength in finance, healthcare, manufacturing, and logistics creates unique opportunities for technology companies serving these sectors, attracting buyers seeking industry-specific capabilities.
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