SilverSun Systems is buying Indianapolis, Indiana-centered CT-Alternative. The transaction is currently being performed as a result of SilverSun’s subsidiary SWK Technologies. Terms of the offer had been not disclosed.
This is the most recent M&A offer that ChannelE2E has lined so significantly in 2021. See all engineering M&A deals for 2021 and 2020 shown right here.
CT-Option is a reseller of Sage Computer software solutions. Above the very last 20 decades, the company has implemented technological know-how apps at popular manufacturers, distributors and experienced provider companies throughout the midwest, in accordance to SilverSun.
SWK Systems is an IT consulting corporation that develops and presents on-premises and cloud solutions, as perfectly as company application hosting providers, to companies. The organization is concentrated on ERP and accounting program from Acumatica, QuickBooks and Sage – indeed, SWK is just one of the premier Sage business enterprise partners in North The usa.
SWK Technologies’ Expansion
The acquisition of CT-Resolution expands SWK’s geographic footprint and boosts its consumer base, the organization said.
SWK Technologies has been energetic on the M&A front more than the very last few decades. Many of its deals have integrated providers in the Sage husband or wife ecosystem. Earlier transactions include things like:
SilverSun Acquires CT-Remedy: Swift and Seamless
Mark Meller, CEO of both of those SilverSun and SWK, mentioned:
“CT and SWK have worked intently with each and every other for a number of yrs, and are ideal fits for every other. Our organization has been actively engaged with the CT clients for some time, and we are fired up to now have the opportunity to enable them with their electronic transformation as they migrate to the cloud, protected their data, get the job done remotely, and automate their organization procedures. We hope the transition and integration to be rapid and seamless.”
Colleen Kuhn, president of CT-Option, stated:
“Our providers have labored jointly jointly in the previous, and we know each individual other effectively. The customer‐focused strategy and company tradition at SWK is almost identical to ours. The skillset of their staff is exceptional, and both equally corporations share the identical corporate values. We have great possibilities in front of us, and the sizing and scale of the combined businesses will give us with the resources to take full benefit of these prospects. We’re much better alongside one another, and clients on both equally sides will profit from this transaction.”