Converge Know-how Solutions Corp. Acquires Vicom Pc Providers, Inc.
Converge carries on to develop with the acquisition of a C$128M revenue business enterprise, growing its array of IT assistance choices.
TORONTO and NEW YORK, Jan. 4, 2021 /PRNewswire/ – Converge Know-how Solutions Corp. (“Converge” or “the Firm“) (TSXV: CTS) (FSE: 0ZB) (OTCQX: CTSDF), a nationwide platform of regionally targeted Hybrid IT alternative companies in the U.S. and Canada, is delighted to announce that it has accomplished the acquisition of Vicom Personal computer Solutions, Inc., a entire-services multi-cloud infrastructure supplier.
Vicom, an established, scaled options supplier dependent in the US Northeast, has a prosperous record and aim on operating with clientele to align most effective-of-breed systems with their sought after business enterprise outcomes. With this acquisition, Converge gains an sector-major workforce of architects and engineers who will speed up the development of the Firm’s practice locations, driving a lot more worth for its consumers throughout North The united states.
Vicom will be part of the current Converge footprint in the US Northeast, which contains Converge subsidiaries Lighthouse, Essextec, and VSS. This expansion provides Converge additional presence in critical industries throughout economical solutions, healthcare, and condition and neighborhood federal government.
“Signing up for the Converge household enables us to offer much more methods and expert services to our prospects,” claimed Robert Verola, CEO of Vicom. “Converge has wonderful associations with the most effective names in the IT sector, and we want our clients to have obtain to all those systems and the authorities who know how to make the most of them.”
“We are incredibly enthusiastic to be part of Converge Engineering Options,” stated Vic Verola, President of Vicom. “Providing our buyers with the most ground breaking answers that drive business success has often been our intention. Signing up for the Converge family will aid us produce on that assure to our customers.”
“Vicom just isn’t your common IT alternative service provider. Their alignment with our core observe parts will drive rapid value to the Converge consumer foundation,” explained Greg Berard, President of Converge. “We keep on to devote in our cloud, cybersecurity, and managed products and services methods, and obtaining Vicom will help us increase and broaden individuals choices. We are enthusiastic to welcome Vicom’s employees and their shoppers to the Converge spouse and children.”
Vicom is the seventeenth acquisition introduced by Converge because Oct 2017. Converge’s spouse and children of companies also includes Corus Group, LLC Northern Micro, Inc. 10084182 Canada Inc. functioning as Becker-Carroll Crucial Information and facts Systems, Inc. BlueChip Tek, Inc Lighthouse Laptop or computer Units, Inc. Application Information and facts Techniques LLC Nordisk Units, Inc. Essex Know-how Team, Inc. Datatrend Systems, Inc. VSS, LLC Solutions PCD, Inc. Special Electronic, Inc. Workgroup Connections, Inc. Vivvo Software Studios LTD. and will include things like CarpeDatum, LLC.
Converge Technological innovation Options Corp. is a North American computer software-enabled, Hybrid IT remedy provider centered on offering business-top alternatives and products and services. Converge’s regional product sales and companies organizations deliver advanced analytics, cloud, cybersecurity, and managed services offerings to shoppers across numerous industries. The Firm supports these methods with expertise abilities and electronic infrastructure choices across all main IT vendors in the marketplace. This multi-faceted method enables Converge to handle the special business and technological know-how specifications for all shoppers in the public and private sectors. For extra details, stop by convergetp.com.
About Vicom, A Converge Corporation
Vicom is a complete-service multi-cloud infrastructure service provider with a three-ten years background of aiding our shoppers generate enterprise innovation. Vicom is a person of the greatest regional remedy companies in the Northeast with above 100 group users servicing our prospects. Our domains of expertise involve multi-cloud answers, networking, functions/assistance administration, security, workers augmentation, and experienced and managed products and services. Via a workforce of focused staff Vicom can help our buyers produce on the guarantee of electronic transformation. For more facts, check out vicomnet.com. Vicom was represented in this transaction by Martin Wolf, a primary M&A advisory organization serving the IT sector.
Observe to Reader: Use of Forward-Searching Statements
This information launch is made up of specific “forward-hunting data” and “ahead-seeking statements” (collectively, “ahead-searching statements“) within the meaning of applicable Canadian securities laws concerning Converge and its business. Any statement that includes conversations with regard to predictions, expectations, beliefs, ideas, projections, targets, assumptions, foreseeable future activities or effectiveness (normally but not constantly applying phrases these as “expects,” or “does not count on,” “is anticipated,” “anticipates,” or “does not foresee,” “plans,” “price range,” “scheduled,” “forecasts,” “estimates,” “thinks,” or intends,” or versions of these phrases and phrases or stating that selected steps, occasions or final results “may well” or “could,” “would,” “could,” or “will” be taken to happen or be realized) are not statements of historic truth and may be ahead-seeking statements. Ahead-seeking statements are necessarily dependent upon a quantity of estimates and assumptions that, whilst considered acceptable, are issue to recognised and not known challenges, uncertainties, and other factors which may possibly result in the precise effects and long run activities to differ materially from those people expressed or implied by this kind of ahead-looking statements. Besides as demanded by law, Converge assumes no obligation to update the forward-hunting statements of beliefs, viewpoints, projections, or other variables, need to they improve. The reader is cautioned not to put undue reliance on forward-looking statements.
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