Denver; Los Angeles; Phoenix; Boston (August 7, 2018) NexusTek today announced the following three acquisitions: Cal Net Technology Group (Cal Net), a Southern California-based, award-winning managed IT service, professional services, and technology solutions provider; Syndeo Technologies (Syndeo) of Andover, MA; and Decision Consultants, Inc. (DCI) of Phoenix, AZ.
NexusTek’s growth rate in 2018 is in excess of 100%; the company now serves almost 2,700 organizations in 47 states. With a national workforce of more than 300 employees providing customers with strategic guidance, technical support and professional services, NexusTek is fast becoming one of the most complete service providers for businesses of all sizes and in all markets.
“These acquisitions are critical milestones in solidifying NexusTek’s position in key markets, which also expand our footprint and ability to blanket the country with high-quality services, coverage and support,” said Mike Jenner, CEO, NexusTek. “Cal Net, DCI and Syndeo each bring a pedigree and track record of aligning technology with workflows that fits NexusTek’s practice of delivering customized solutions that solve specific business needs.”
The Cal Net, DCI and Syndeo acquisitions mark five M&A transactions for NexusTek in 2018, and eight in four years, each of which directly benefits customers by augmenting the company’s core competencies and ability to execute best practices. NexusTek is backed by Abry Partners, an experienced media, communications, business and information services-focused private equity firm with over $77 billion of leveraged transactions under its belt.
“NexusTek, in executing its strategy for growth through acquisition and organic means with such alacrity, is now entrenched as the partner that small and middle-market businesses need to migrate and manage mission-critical applications in the cloud without disrupting performance,” said Abry Partners Principal, James Scola.
With the acquisitions of Cal Net and DCI, NexusTek inherits a strong presence in the Western United States, extending its reach and ability to create IT solutions that combine unified communications, voice-over-IP (VoIP), infrastructure, storage, virtualization, data protection, and networking technologies from the industry’s leading vendors.
“Synergies in company culture and vision make joining NexusTek a strategic win for all parties, especially customers,” said James Hwang, COO, NexusTek. “As Chief Operating Officer, I am excited to be part of an elite team that will forever alter how small and mid-size companies nationwide utilize cloud and managed IT services. Access to truly customizable solutions will allow companies of all sizes, and in all markets, to redeploy personnel and reinvest in growth.”
Cal Net, an award-winning MSP, is recognized for helping customers reduce maintenance costs and emergency incidents with 24/7 monitoring; avoid expensive on-site server investments by migrating data to the cloud; minimize lost revenue from network downtime with Disaster Recovery as a Service; and protect data against cyber threats with a Managed Firewall that’s proactively patched. As a highly-accredited Cisco and Microsoft Gold Certified Partner, DCI’s superior brand of IT expertise, support and training are utilized by small and mid-range organizations throughout Arizona, Colorado, Nevada and California.
Founded in 2002 and headquartered in Andover, MA, Syndeo is a dedicated IT resource for organizations in the greater Boston area and throughout New England. Syndeo supports a diverse clientele of varying sizes, and in various markets, with 24 x 7 network monitoring, proactive maintenance, ongoing user support, and strategic consulting that improves bottom-line business results.
“NexusTek is able to help businesses across the country embrace technology as an asset with which to increase productivity while reducing costs,” added Jenner. “With the acquisitions of Cal Net, DCI and Syndeo, we have added resources that amplify our reach and services footprint from coast to coast.”
NexusTek’s expansive portfolio can be customized to address the full spectrum of an organization’s operational requirements. The company’s cloud and managed services eliminate the administrative overhead and variable cost associated with cloud and IT environments; customers receive 24/7 monitoring of their IT environments and proactive responses to issues for a fixed monthly fee.
NexusTek serves businesses across the country, providing IT solutions and professional recommendations to strengthen the customers IT infrastructures. By virtue of its SSAE 16 SOC II certification, NexusTek proves its adherence to rigorous, industry-accepted auditing standards for service companies.