Options Technology acquires Crossvale

● STRATEGIC | FINTECH

FEBRUARY 11, 2026

Options Technology (Vitruvian Partners) acquires Crossvale

TARGET

Crossvale delivers containerization, application modernization, and database migration services to enterprises using Red Hat OpenShift and VMware platforms.

Ownership	Founder-owned
Headcount	11-50 FTEs
Headquarters	Frisco, Texas
Leadership	Todd Millard, CEO
Sell-side advisor	—

ACQUIRER

Options Technology

Technology and infrastructure services provider for financial services firms

Ownership	PE-backed
Parent	Vitruvian Partners
Investors	Vitruvian Partners, ABRY Partners, Bregal Sagemount, Lough Shore Investments, NatWest Group
Capital raised	$100M
Headcount	501-1,000 FTEs
Headquarters	New York, New York
Leadership	Danny Moore, President and CEO
Buy-side advisor	—

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Options Technology -> Crossvale  (2026-09-11)
strategic_acquisition | FinTech | announced
Target: Crossvale delivers containerization, application modernization, and database migration services to enterprises using Red Hat OpenShift and VMware platforms.
Website: crossvale.com | Buyer site: options-it.com
HQ: Frisco, Texas | Ownership: founder-owned | Buyer sponsor: Vitruvian Partners | Buyer ownership: pe-backed
Advisors - not yet credited
Source: Thematic - https://thematichq.com/software/d/options-technology-crossvale.html

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