Aldridge,
a technology management, consulting and outsourcing company for
growing organizations, has completed two acquisitions of Seattle-based
IT services companies. The acquisitions of Arterian and PacketDrivers
make it possible for Aldridge to immediately establish a solid and
strategic presence in one of America's technology hubs. Terms of the
deals were not disclosed.
Key elements of this announcement:
• Aldridge is consolidating the operations of Arterian and
PacketDrivers, retaining most personnel and launching the Seattle office
of Aldridge.
• Aldridge has appointed PacketDrivers Founder Scott Hamlin to the
position of Vice President and General Manager to lead the Seattle
operation.
• Aldridge has retained the Arterian brand and has established a
subsidiary devoted to Microsoft's CSP (Cloud Solution Provider) program.
• Aldridge appointed Arterian Founder Jamison West as President of the newly-formed subsidiary.
• Aldridge has assumed the lease on Arterian's lower Queen Anne
office space and will locate Aldridge Seattle at 100 West Harrison
Street.
"There are a lot of moving parts when combining three businesses, so we
have been careful and deliberate to ensure that the end result
significantly benefits current and future customers while positioning
Aldridge for long-term success," said Aldridge President and COO Patrick
Wiley.
With the latest acquisitions, Aldridge offers nearly 130 IT
professionals who serve clients throughout Texas and the Pacific
Northwest from offices in Houston, Dallas, Austin and now Seattle.
Additionally, Aldridge Health provides IT support services to growing
medical and dental practices throughout the United States. Aldridge
offers a broad range of outsourced custom IT services, such as:
• Managed Services, including user help and support
• Managed Backup and Continuity Services
• Cloud Hosting Services
"We have been impressed by Aldridge's focus on exceptional customer
service and came to the conclusion that it would be in the best
interests of our customers as well as our associates for us to join
forces to create a larger and more capable IT services entity," said
Scott Hamlin.
The entry into Seattle – in close proximity to Microsoft – also
strategically positions Aldridge to help existing and future customers
benefit from the agility, cost-efficiency and scalability made possible
by Microsoft's CSP program through its new subsidiary, Arterian.
"Cloud solutions are the future for the IT managed services industry and
Microsoft's CSP program is contributing to significant disruption in IT
services generally," said Jamison West. "With the Arterian subsidiary
solely focused on advancing this business strategy, we expect to rapidly
accelerate the growth of the Azure and Office 365 customer base."
Aldridge engaged Cogent Growth Partners, a buy-side merger and
acquisition advisory firm that specializes in IT and MSPs, to guide the
two simultaneous acquisitions.
"Aldridge has been an active client of Cogent for over four years and
this is the most complex deal we've pulled together for them to date,"
said George Sierchio, VP and Senior Partner at Cogent who led the
transaction process. "Folding in two prominent Seattle MSPs, and
retaining top-notch leaders in Jamison West and Scott Hamlin, we believe
is going to quickly propel an already dominant player in the industry
into a true regional powerhouse with a wide array of service offerings."
No comments:
Post a Comment