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LinkPoint Completes Acquisition of CONNECT Okanagan Telephone Ltd. and CONNECT Information Technology Solutions Inc.

Vancouver company LinkPoint, a leader in systems and IT management, has completed acquisition of CONNECT, an Okanagan-based telecom and managed IT support provider. Both Linkpoint and CONNECT will continue to serve their customers without any disruption, and are now positioned to combine resources for more robust support and service.


News provided by

LinkPoint

Sep 13, 2019, 11:00 ET

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LinkPoint acquires CONNECT to form partnership that strengthens both companies
LinkPoint acquires CONNECT to form partnership that strengthens both companies

VANCOUVER, British Columbia, Sept. 13, 2019 /PRNewswire-PRWeb/ -- LinkPoint Technology Group ("LTG") announced today that it has completed the acquisition of privately held CONNECT Okanagan Telephone Ltd. and CONNECT Information Technology Solutions Inc. (collectively "CONNECT"), an Okanagan, BC-based Telecommunications and Managed IT Support Provider primarily focused on small-to-medium business markets.

CONNECT, founded in 1986 as Okanagan Telephone, has been providing innovative telecom products, services, and solutions to businesses and organizations throughout British Columbia. As part of the deal effective August 30th, 2019, LTG welcomed new staff, including CONNECT's senior leadership team: General Manager Troy Schalm, Telecom Operations Manager Terry Bullman, and Business Development Manager Brian McArthur.

The recent acquisition of CONNECT by LinkPoint Technology Group is a big step forward for CONNECT. Our clients now have access to a more diverse range of IT solutions.

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"The recent acquisition of CONNECT by LinkPoint Technology Group is a big step forward for CONNECT. Our clients now have access to a more diverse range of IT solutions," said Troy Schalm, General Manager. "In addition to this, the CONNECT technical staff now has access to a large number of highly trained staff at LinkPoint in Vancouver. Unwavering commitment to our history of 35 years of unbeatable customer service while continuing to add technical expertise is exactly how CONNECT will stay relevant to the clients we serve."

Continuing its growth plan to expand and enrich its managed services portfolio, this acquisition represents a large expansion into the Thompson-Okanagan region for LTG. With LinkPoint's leading technology (IT solutions) and management consulting, CONNECT's resources and accounts will have access to seamlessly managed consulting, monitoring and unified support solutions to deploy and deliver all services more rapidly and efficiently.

"LinkPoint is thrilled to welcome the CONNECT family into its organization," said LTG CEO Kyle Sarwal. "Our collective customer base will benefit from this broadened range of service, ability and expertise."

The acquisition supports LinkPoint's continued commitment to introduce an industry-leading services organization to its growth strategy, strengthening its platform and furthering its service offerings. The Company is expected to benefit from robust industry trends, including increased share of managed IT services and growing cloud adoption.

Under the terms of the agreement, the acquired assets will be operating as a subsidiary of LinkPoint Technology Group of companies and leverage collective resources (ie: system, processes, management) from LTG's group of companies, including LinkPoint IT Solutions Ltd.

About CONNECT Okanagan Telephone Group
Serving the Thompson-Okanagan since 1986, CONNECT Okanagan Telephone is the trusted communications partner for 100s of medium to large-sized companies. The only company with experience in both telecom and computer IT services serving the entire central and Northern BC region. For more information about CONNECT Okanagan Telephone please visit http://www.connectbc.ca.

About CONNECT Information Technology
CONNECT Information Technology was established as the companies leasing arm of the business. Hardware needs are critical for success and CONNECT Information Technology offers its client's more affordable options to expand and execute their business model.

About LinkPoint IT Solutions
LinkPoint IT Solutions Ltd. ("LinkPoint") is a leader in systems and technology (IT) management. LinkPoint transforms how businesses operate, connect, communicate and collaborate. Information about LinkPoint can be found at http://www.linkpoint.ca. For ongoing news, please visit the LinkPoint Newsroom.

About LinkPoint Technology Group
LinkPoint Technology Group is a group of companies that supports its clients through uniquely tailored solutions and services across IT, Communications, Development and Consulting. For more information about LinkPoint Technology Group please visit http://www.linkpoint.ca.

LinkPoint and the LinkPoint logo are trademarks or registered trademarks of LinkPoint and/or its affiliates in Canada and other countries. Third-party trademarks mentioned are the property of their respective owners. The use of the word partner does not imply a partnership relationship between LinkPoint and any other company.

Forward-Looking Statements
Some of the information that can be obtained on this web site may contain projections or other forward-looking statements regarding future events or the future financial performance of LinkPoint. The reader is cautioned that the assumptions used in the preparation of these forward-looking statements involve risks and uncertainties that may cause actual results to differ materially from those expressed or implied in such forward-looking statements or could affect the extent to which a particular projection is realized.

This site may contain statements, estimates or projections that constitute "forward-looking statements" as defined under Canadian or U.S. federal securities laws. Generally, the words "believe," "expect," "intend," "estimate," "anticipate," "project," "will" and similar expressions identify forward-looking statements, which generally are not historical in nature. Forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from LinkPoint's historical experience and our present expectations or projections. These risks include, but are not limited to, our ability to finance expansion plans and general operating activities; changes in the IT business environment, including regulatory and legal changes; fluctuations in interest and currency rate; changes in economic and political conditions; litigation uncertainties; and other risks discussed in our Company's reports. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. LinkPoint undertakes no obligation to publicly update or revise any forward-looking statements.

SOURCE LinkPoint

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