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Converge Know-how Methods Corp. Acquires Vicom Computer Services, Inc.

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Converge carries on to improve with the acquisition of a C$128M income enterprise, increasing its array of IT support offerings.

TORONTO and NEW YORK, Jan. 4, 2021 /PRNewswire/ – Converge Technology Options Corp. (“Converge” or “the Enterprise“) (TSXV: CTS)  (FSE: 0ZB) (OTCQX: CTSDF), a countrywide platform of regionally targeted Hybrid IT alternative companies in the U.S. and Canada, is happy to announce that it has finished the acquisition of Vicom Pc Services, Inc., a entire-support multi-cloud infrastructure provider.

Vicom, an established, scaled answers company based in the US Northeast, has a abundant history and aim on operating with shoppers to align finest-of-breed technologies with their ideal business enterprise results. With this acquisition, Converge gains an industry-main team of architects and engineers who will accelerate the growth of the Firm’s exercise spots, driving additional benefit for its shoppers throughout North The usa.

Vicom will sign up for the existing Converge footprint in the US Northeast, which incorporates Converge subsidiaries Lighthouse, Essextec, and VSS. This expansion gives Converge extra presence in key industries throughout monetary providers, healthcare, and state and regional authorities.

“Signing up for the Converge relatives makes it possible for us to offer a lot more solutions and providers to our consumers,” reported Robert Verola, CEO of Vicom. “Converge has excellent interactions with the very best names in the IT business, and we want our shoppers to have entry to those systems and the specialists who know how to make the most of them.”

“We are very thrilled to be part of Converge Technology Alternatives,” reported Vic Verola, President of Vicom.  “Providing our clients with the most innovative options that travel organization results has always been our purpose.  Signing up for the Converge loved ones will help us deliver on that promise to our buyers.”

“Vicom just isn’t your normal IT answer supplier. Their alignment with our core apply locations will drive immediate value to the Converge client base,” reported Greg Berard, President of Converge. “We proceed to spend in our cloud, cybersecurity, and managed services alternatives, and attaining Vicom will aid us develop and develop individuals choices. We are energized to welcome Vicom’s personnel and their clientele to the Converge household.”

Vicom is the seventeenth acquisition declared by Converge because Oct 2017. Converge’s family members of firms also involves Corus Team, LLC Northern Micro, Inc. 10084182 Canada Inc. running as Becker-Carroll Important Info Techniques, Inc. BlueChip Tek, Inc Lighthouse Computer system Devices, Inc. Computer software Information and facts Methods LLC Nordisk Techniques, Inc. Essex Know-how Group, Inc. Datatrend Technologies, Inc. VSS, LLC  Solutions PCD, Inc. Unique Digital, Inc. Workgroup Connections, Inc. Vivvo Application Studios LTD. and will include things like CarpeDatum, LLC.

About Converge
Converge Know-how Solutions Corp. is a North American application-enabled, Hybrid IT remedy company concentrated on providing business-foremost remedies and solutions. Converge’s regional profits and products and services businesses produce advanced analytics, cloud, cybersecurity, and managed services choices to purchasers throughout a variety of industries. The Company supports these solutions with talent knowledge and digital infrastructure choices throughout all key IT vendors in the marketplace. This multi-faceted solution permits Converge to deal with the unique small business and engineering demands for all purchasers in the general public and non-public sectors. For additional details, take a look at convergetp.com.

About Vicom, A Converge Enterprise
Vicom is a comprehensive-services multi-cloud infrastructure company with a 3-ten years heritage of encouraging our consumers generate company innovation. Vicom is 1 of the most significant regional answer companies in the Northeast with about 100 team users servicing our customers. Our domains of experience consist of multi-cloud options, networking, functions/company administration, protection, staff members augmentation, and experienced and managed services. Via a group of devoted staff Vicom aids our shoppers provide on the assure of digital transformation. For extra facts, go to vicomnet.com. Vicom was represented in this transaction by Martin Wolf, a foremost M&A advisory firm serving the IT sector.

See to Reader:  Use of Forward-Hunting Statements

Forward-Searching Information
This information release has particular “ahead-searching facts” and “forward-seeking statements” (collectively, “ahead-hunting statements“) inside the that means of applicable Canadian securities legislation with regards to Converge and its business. Any assertion that will involve discussions with respect to predictions, anticipations, beliefs, plans, projections, aims, assumptions, future functions or general performance (generally but not generally employing phrases this kind of as “expects,” or “does not hope,” “is predicted,” “anticipates,” or “does not foresee,” “plans,” “finances,” “scheduled,” “forecasts,” “estimates,” “believes,” or intends,” or variants of these kinds of words and phrases and phrases or stating that certain actions, occasions or results “may” or “could,” “would,” “could,” or “will” be taken to take place or be achieved) are not statements of historic fact and may perhaps be ahead-wanting statements. Ahead-searching statements are necessarily centered on a variety of estimates and assumptions that, though regarded as fair, are subject to regarded and mysterious hazards, uncertainties, and other components which could lead to the real success and foreseeable future gatherings to vary materially from individuals expressed or implied by this sort of forward-looking statements. Other than as needed by legislation, Converge assumes no obligation to update the ahead-hunting statements of beliefs, views, projections, or other components, need to they transform.  The reader is cautioned not to place undue reliance on ahead-looking statements. 

Neither the TSX Enterprise Exchange nor its regulation solutions provider (as that term is outlined in the guidelines of the TSX Enterprise Trade) accepts responsibility for the adequacy or accuracy of this release.

Supply Converge Technologies Options Corp.

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https://convergetp.com/

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