(PRWEB) January 07, 2013
Chapman Associates announced the sale of its client G3 Technology Partners to ConvergeOne, a leading provider of integrated data, communications, collaboration, and customer interaction solutions. The ConvergeOne companies include NACR, S1 IT Solutions and SimpliCTI.
G3 Technology Partners provides a wide range of offerings including design, development, integration, implementation, support, and management of converged voice and data solutions. "We are very excited about joining the ConvergeOne team," said Pete DiPaola, President and CEO of G3. "We were looking for a strategic partner that would enhance the breadth of offerings to our clients and prospects. At the same time, we wanted to partner with a company that matched our corporate philosophies of building strong partnerships with our clients, and that understood the value of a dedicated and skilled workforce." "Cristian Anastasiu and the team at Chapman Associates were instrumental in helping us reach those goals and were there for us every step of the way", added Jim Heckman, G3's CFO.
"IT services companies with a strong management team, loyal client base and a clear value proposition will continue to attract strong partners as the current consolidation in the IT space will accelerate in the coming years", commented Cristian Anastasiu, Chapman Associates' Managing Director whose expertise is in the technology M&A sector. "Buyers are actively looking to enhance their capability to offer complete solutions and grow their managed services and recurring revenues base."
Chapman Associates (http://www.chapman-usa.com) is one of the most respected middle market mergers and acquisitions firms in the country. Buyers and sellers have trusted Chapman Associates® since 1954. During that time, Chapman has successfully sold over 2,300 companies worth billions of dollars.