Converge carries on to expand with the acquisition of a C$128M income company, expanding its array of IT provider offerings.
TORONTO and NEW YORK, Jan. 4, 2021 /PRNewswire/ – Converge Technology Answers Corp. (“Converge” or “the Enterprise“) (TSXV: CTS) (FSE: 0ZB) (OTCQX: CTSDF), a national system of regionally targeted Hybrid IT option companies in the U.S. and Canada, is pleased to announce that it has concluded the acquisition of Vicom Pc Expert services, Inc., a entire-service multi-cloud infrastructure supplier.
Vicom, an established, scaled alternatives service provider primarily based in the US Northeast, has a prosperous record and concentrate on performing with purchasers to align greatest-of-breed systems with their sought after enterprise results. With this acquisition, Converge gains an business-major group of architects and engineers who will accelerate the advancement of the Company’s observe places, driving a lot more price for its consumers across North The us.
Vicom will join the current Converge footprint in the US Northeast, which contains Converge subsidiaries Lighthouse, Essextec, and VSS. This expansion offers Converge additional presence in crucial industries across money expert services, health care, and state and community governing administration.
“Joining the Converge household enables us to offer far more solutions and services to our clients,” explained Robert Verola, CEO of Vicom. “Converge has great relationships with the ideal names in the IT marketplace, and we want our clients to have accessibility to these systems and the gurus who know how to make the most of them.”
“We are extremely energized to be part of Converge Technological innovation Solutions,” said Vic Verola, President of Vicom. “Supplying our clients with the most revolutionary remedies that drive business achievements has often been our target. Signing up for the Converge family members will support us produce on that assure to our clients.”
“Vicom is just not your normal IT solution supplier. Their alignment with our main exercise locations will travel speedy value to the Converge customer foundation,” mentioned Greg Berard, President of Converge. “We keep on to commit in our cloud, cybersecurity, and managed companies answers, and acquiring Vicom will help us expand and develop all those choices. We are excited to welcome Vicom’s employees and their customers to the Converge family.”
Vicom is the seventeenth acquisition introduced by Converge since October 2017. Converge’s spouse and children of corporations also consists of Corus Group, LLC Northern Micro, Inc. 10084182 Canada Inc. operating as Becker-Carroll Essential Details Techniques, Inc. BlueChip Tek, Inc Lighthouse Laptop Methods, Inc. Application Details Systems LLC Nordisk Devices, Inc. Essex Technological know-how Team, Inc. Datatrend Systems, Inc. VSS, LLC Solutions PCD, Inc. Unique Digital, Inc. Workgroup Connections, Inc. Vivvo Software Studios LTD. and will contain CarpeDatum, LLC.
About Converge
Converge Technologies Methods Corp. is a North American software program-enabled, Hybrid IT resolution service provider concentrated on delivering marketplace-main options and solutions. Converge’s regional gross sales and providers organizations supply highly developed analytics, cloud, cybersecurity, and managed providers choices to shoppers throughout different industries. The Organization supports these alternatives with talent skills and electronic infrastructure choices across all important IT distributors in the marketplace. This multi-faceted technique allows Converge to tackle the special company and know-how necessities for all consumers in the general public and personal sectors. For more information, stop by convergetp.com.
About Vicom, A Converge Organization
Vicom is a whole-service multi-cloud infrastructure supplier with a three-decade heritage of supporting our clients generate business enterprise innovation. Vicom is a single of the largest regional alternative providers in the Northeast with more than 100 crew members servicing our clients. Our domains of skills include things like multi-cloud options, networking, operations/support management, safety, staff members augmentation, and expert and managed services. Through a staff of devoted workers Vicom can help our clients provide on the assure of electronic transformation. For much more information and facts, check out vicomnet.com. Vicom was represented in this transaction by Martin Wolf, a foremost M&A advisory business serving the IT industry.
Notice to Reader: Use of Forward-Wanting Statements
Forward-Looking Information and facts
This news launch has certain “forward-seeking details” and “ahead-looking statements” (collectively, “ahead-looking statements“) within the that means of relevant Canadian securities laws regarding Converge and its small business. Any statement that will involve discussions with respect to predictions, expectations, beliefs, designs, projections, aims, assumptions, long term functions or overall performance (frequently but not often working with phrases these types of as “expects,” or “does not assume,” “is expected,” “anticipates,” or “does not anticipate,” “designs,” “finances,” “scheduled,” “forecasts,” “estimates,” “believes,” or intends,” or variants of these types of phrases and phrases or stating that certain actions, functions or success “may perhaps” or “could,” “would,” “may well,” or “will” be taken to come about or be attained) are not statements of historical truth and might be ahead-seeking statements. Ahead-wanting statements are essentially based mostly on a variety of estimates and assumptions that, even though thought of affordable, are matter to identified and unknown pitfalls, uncertainties, and other elements which may possibly cause the precise success and potential gatherings to differ materially from people expressed or implied by these forward-looking statements. Other than as needed by regulation, Converge assumes no obligation to update the ahead-seeking statements of beliefs, viewpoints, projections, or other aspects, really should they change. The reader is cautioned not to position undue reliance on forward-wanting statements.
Neither the TSX Enterprise Exchange nor its regulation expert services provider (as that time period is outlined in the insurance policies of the TSX Enterprise Exchange) accepts accountability for the adequacy or accuracy of this launch.
Watch authentic content:https://www.prnewswire.com/news-releases/converge-know-how-remedies-corp-acquires-vicom-personal computer-providers-inc-301200198.html
Supply Converge Engineering Remedies Corp.