CRANBURY, N.J., Oct. 04, 2021 (GLOBE NEWSWIRE) — While Channel e2e has reported more than 550 deals between technology companies so far this year, consolidation in the managed service provider (MSP) market shows no sign of slowing down. Domain Technology Partners (“Domain”), Compudyne, ProviDyn and MyITpros follow the trend, announcing today that they have completed a merger of four companies to form Integris (https://integrisit.com), a national service provider high-end managed solutions for small and medium-sized businesses. The announcement comes exactly one year after Domain announced its partnership with Frontenac, a Chicago-based private equity firm, to build a national MSP platform. Financial terms of the transaction were not disclosed.
The four companies specialize in managing the IT, cybersecurity, cloud and network services of leading professional services firms in New Jersey, Maryland, Minnesota, Michigan, Colorado, Georgia and Texas. . Their new name, Integris, comes from the term integrity, the value that underlies the very foundation of all organizations. Choosing a name that reflects this community builds unity and defines their future trajectory as award-winning MSP industry leaders across multiple industry verticals. Together with Frontenac, they are on the path to building a national provider of managed IT services, with differentiation through a focus on operationally mature professional services clients, operational excellence, and customer engagement and development. employees.
“I look forward to bringing together best practices from each company to create a platform that will provide our customers with deeper integrations, greater specialization for their needs, and cybersecurity services that are only feasible at scale.” , said John Marinac, CEO of Compudyne and now CTO of Integris.
Bill McCharen, CEO of MyITpros and now General Manager of the Austin site, said, “I think we’re bringing together some of the best MSPs across the country, and that will open up vast opportunities for advancement and specialization for all of our employees. It’s really a win-win situation.”
Long-time customer Matt Venner of Agile Therapeutics praised the effort, “Domain has been our strategic technology partner for over 7 years and we are very excited to be part of their journey. We have full confidence in their team and we look forward to growing together.”
The combined company will be led by Rashaad Bajwa as CEO, John Marinac as CTO, Joseph O’Hara as CFO and Jason Erickson as CSO. Former MyITpros CEO Bill McCharen will continue as General Manager for the Texas sites and former ProviDyn CEO Hamish Davidson will continue as General Manager for the Georgia site.
Rashaad Bajwa, CEO of Domain, said, “This is the next step towards our vision of bringing together the best MSPs, those with the best people and the best customers, in one premium national MSP platform. The best customers appreciate the need for a premium white glove. IT Services and this partnership allow us to bring together a national army of top talent to secure, maintain and optimize their technology.”
To build on its momentum, Integris is thrilled to announce that Arlin Sorensen, industry veteran and Vice President of Brand and Ecosystem Evangelism for ConnectWise, is joining the Board of Directors. As the founder of HTG Peer Groups, Arlin was uniquely placed in the formation and success of these four companies. He will be joined on the Board of Directors by John Marinac, former CEO of Compudyne and now CTO of Integris.
“I am delighted to join the Integris Board of Directors,” said Sorensen. “I’ve been able to watch these four companies on their journey thus far and look forward to continuing to play a role in helping them achieve their definition of success from a new and unique perspective on their board of directors. ‘administration.”
About Domain Technology Partners:
Domain, SOC 2 Type II certified, provides businesses of all sizes with a trusted resource to secure, optimize and manage their IT environments. For decades, Domain has invested in its people and technology to become the best SMB-focused IT provider in the United States. They have 24/7/365 staffed offices in New Jersey and Maryland, with over 70 full-time employees serving customers from New York to DC. https://go-domain.com
Compudyne is focused on building and retaining a high performing team that serves customers throughout the Midwest. These high standards of integrity help them cultivate the relationships that hold their business together. As a professional and knowledgeable IT company, they help their customers succeed. Locations include St. Paul, Duluth and Hibbing in Minnesota, Marquette, Michigan and Boulder, Colorado. https://compudyne.com
Located in Atlanta, Georgia, ProviDyn provides technology expertise, services and support to help small and medium-sized businesses sustain their growth and boost their performance. Backed by technology experts, ProviDyn helps organizations take full advantage of existing technology, make strategic investments in implementing new technologies, and maintain a secure, reliable and flexible infrastructure. https://providyn.com
MyITpros is an award-winning MSP and Microsoft Gold Partner, enabling businesses to scale through technology by providing proactive support and guidance. MyITpros has invested in its people, technology and service portfolio to become a leading IT provider focused on SMEs. MyITpros has offices in Austin and San Antonio, serving clients throughout Texas and nationwide. https://myitpros.com
Frontenac is a Chicago-based private equity firm. The firm focuses on investing in lower middle market buyout transactions in the consumer, industrial and service sectors. Frontenac partners with proven operational leaders, through a leadership-centric approach called CEO1ST, to identify, acquire and grow market-leading companies through transformational acquisitions and operational excellence. The company has built a leading franchise by working with more than 275 midsize business owners as they address complex issues of liquidity transition, management improvement and growth planning. For more information, please visit https://www.frontenac.com
Image 1: Integrated
Domain Technology Partners, Compudyne, MyITpros and Providyn form Integris
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