Merit Harbor Capital Announces the Management Buyout Acquisition of FUSE Networks
(PRWEB) September 06, 2017 -- Merit Harbor Capital, a Seattle-based investment bank, is pleased to announce the acquisition of FUSE Networks, Inc. via a management buyout. Craig Dickens, CEO of Merit Harbor, stated, “FUSE Networks is an exciting company. Walking them through multiple scenarios allowed us to arrive at the best outcome for all parties. We were honored to be able to help FUSE Networks close a successful deal, and are confident that the management will continue the successful growth.”
FUSE Networks was founded in 2008 as a premier IT Managed Services Company by four industry veterans to bring about the convergence of Data, Servers, Voice, and Support for all traditional IT/Telephony services into one bundle. “We are incredibly excited about this new phase of our growth, not only for the FUSE Networks brand, but also for our whole team that helped build it into what it is today,” said Travis Thom, CEO.
FUSE Networks’ deep roots and expertise in the field of IT Managed Services has allowed the firm to customize and provide core resources and support solutions to its smaller and medium sized businesses. With its move to new markets, FUSE will offer a unique blend of convenient offerings and options.
Travis Thom, one of four founding partners, acquired a majority position in the company as part of the transaction and will continue his day-to-day responsibilities to support FUSE Networks’ plan of expanding its offerings. The company’s unique positioning in the Pacific Northwest region is broadly appealing, and its expansion to new markets will further enhance its customer base and growth. FUSE Networks has been able to grow impressively by offering a truly compelling quality/value proposition.
About Merit Harbor Capital
Merit Harbor Capital focuses on sell-side, buy-side and capital raising activities for lower middle-market companies in a wide range of industries. Merit Harbor guides owners through the acquisition process, creating opportunities to discover the high side of their value. Learn more at Merit Harbor Capital. For more information about this transaction, please feel free to contact the deal team.
Nick DeVaney, Merit Harbor Capital, http://www.meritharborcapital.com, +1 253.298.0328, [email protected]
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