December 5, 2022

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Converge Know-how Methods Corp. Acquires Vicom Laptop or computer Services, Inc.

Converge Technologies Solutions Corp. Acquires Vicom Laptop or computer Companies, Inc.

Converge proceeds to increase with the acquisition of a C$128M profits organization, growing its array of IT service offerings.

TORONTO and NEW YORK, Jan. 4, 2021 /PRNewswire/ – Converge Technologies Methods Corp. (“Converge” or “the Organization“) (TSXV: CTS)  (FSE: 0ZB) (OTCQX: CTSDF), a countrywide platform of regionally focused Hybrid IT solution providers in the U.S. and Canada, is delighted to announce that it has done the acquisition of Vicom Personal computer Expert services, Inc., a total-provider multi-cloud infrastructure service provider.

Vicom, an founded, scaled solutions supplier based mostly in the US Northeast, has a wealthy historical past and focus on operating with consumers to align ideal-of-breed technologies with their preferred business enterprise results. With this acquisition, Converge gains an market-top staff of architects and engineers who will accelerate the growth of the Company’s observe areas, driving a lot more value for its purchasers across North The us.

Vicom will be part of the present Converge footprint in the US Northeast, which involves Converge subsidiaries Lighthouse, Essextec, and VSS. This enlargement supplies Converge supplemental existence in essential industries across money providers, healthcare, and point out and area governing administration.

“Becoming a member of the Converge household enables us to offer more answers and providers to our prospects,” claimed Robert Verola, CEO of Vicom. “Converge has wonderful interactions with the very best names in the IT sector, and we want our clients to have entry to those people technologies and the industry experts who know how to make the most of them.”

“We are exceptionally enthusiastic to be part of Converge Technological know-how Remedies,” stated Vic Verola, President of Vicom.  “Furnishing our consumers with the most modern options that push business good results has normally been our target.  Joining the Converge loved ones will enable us supply on that guarantee to our clients.”

“Vicom just isn’t your typical IT remedy supplier. Their alignment with our main practice parts will drive quick value to the Converge consumer foundation,” mentioned Greg Berard, President of Converge. “We continue to invest in our cloud, cybersecurity, and managed companies answers, and getting Vicom will aid us improve and broaden those offerings. We are thrilled to welcome Vicom’s staff and their consumers to the Converge loved ones.”

Vicom is the seventeenth acquisition announced by Converge considering that Oct 2017. Converge’s household of firms also involves Corus Team, LLC Northern Micro, Inc. 10084182 Canada Inc. working as Becker-Carroll Essential Data Systems, Inc. BlueChip Tek, Inc Lighthouse Computer system Units, Inc. Software program Data Techniques LLC Nordisk Systems, Inc. Essex Technological know-how Group, Inc. Datatrend Systems, Inc. VSS, LLC  Solutions PCD, Inc. Exclusive Digital, Inc. Workgroup Connections, Inc. Vivvo Software Studios LTD. and will include CarpeDatum, LLC.

About Converge
Converge Engineering Answers Corp. is a North American software package-enabled, Hybrid IT alternative supplier focused on providing field-major remedies and companies. Converge’s regional sales and solutions organizations supply sophisticated analytics, cloud, cybersecurity, and managed providers offerings to clients across several industries. The Organization supports these options with talent know-how and electronic infrastructure choices throughout all main IT distributors in the market. This multi-faceted technique permits Converge to deal with the exclusive organization and technologies prerequisites for all clientele in the public and private sectors. For extra details, pay a visit to convergetp.com.

About Vicom, A Converge Firm
Vicom is a full-assistance multi-cloud infrastructure company with a three-ten years history of encouraging our customers drive business enterprise innovation. Vicom is one of the most significant regional alternative vendors in the Northeast with about 100 team customers servicing our shoppers. Our domains of know-how include things like multi-cloud alternatives, networking, operations/services management, safety, staff members augmentation, and qualified and managed providers. As a result of a workforce of devoted staff members Vicom allows our buyers provide on the promise of digital transformation. For additional facts, go to vicomnet.com. Vicom was represented in this transaction by Martin Wolf, a main M&A advisory firm serving the IT business.

See to Reader:  Use of Ahead-Hunting Statements

Forward-Hunting Information and facts
This information launch consists of specific “ahead-hunting information and facts” and “forward-looking statements” (collectively, “ahead-on the lookout statements“) within the that means of relevant Canadian securities legislation pertaining to Converge and its organization. Any statement that consists of conversations with respect to predictions, anticipations, beliefs, plans, projections, aims, assumptions, upcoming events or effectiveness (usually but not often utilizing phrases these types of as “expects,” or “does not be expecting,” “is envisioned,” “anticipates,” or “does not foresee,” “ideas,” “budget,” “scheduled,” “forecasts,” “estimates,” “thinks,” or intends,” or variations of these phrases and phrases or stating that certain actions, situations or outcomes “may possibly” or “could,” “would,” “may possibly,” or “will” be taken to manifest or be attained) are not statements of historic point and may possibly be ahead-hunting statements. Forward-on the lookout statements are necessarily based mostly upon a selection of estimates and assumptions that, even though regarded realistic, are matter to regarded and unfamiliar threats, uncertainties, and other factors which may lead to the genuine results and upcoming situations to vary materially from those expressed or implied by these ahead-on the lookout statements. Besides as essential by legislation, Converge assumes no obligation to update the forward-on the lookout statements of beliefs, thoughts, projections, or other components, ought to they change.  The reader is cautioned not to spot undue reliance on forward-searching statements. 

Neither the TSX Venture Exchange nor its regulation products and services company (as that time period is outlined in the guidelines of the TSX Undertaking Exchange) accepts duty for the adequacy or accuracy of this release.

Look at authentic written content:http://www.prnewswire.com/news-releases/converge-know-how-alternatives-corp-acquires-vicom-laptop-providers-inc-301200198.html

Resource Converge Engineering Options Corp.