ePlus Acquires Minneapolis Area IT Solutions Provider
ePlus inc. of Herndon, VA, has acquired the IT Services equipment and integration business of Consolidated Communications, which provides data center, unified communications, networking, and security solutions to commercial, enterprise, and state, local, and education (SLED) customers in the upper Midwest. Consolidated IT Services is based in Minneapolis, MN and is a Cisco gold partner.
“Consolidated IT Services expands our reach and coverage in a new geography for ePlus, the upper midwest, and adds many new enterprise customers and a great set of talented employees,” stated Mark P. Marron, CEO of ePlus inc. “Consolidated IT Services’ customers will gain access to ePlus’ full range of managed and professional services, financing and lifecycle management tools, and nationwide coverage by our integration and logistics facilities. In addition, we will bring our full suite of advanced technology solutions and the highest certifications from the leading technology vendors — such as Check Point, EMC, HPE, NetApp, Palo Alto and VMware – to complement their expertise in core Cisco technologies.”
As part of the transaction, ePlus and Consolidated Communications ESI, Inc. have entered into a co-marketing agreement to sell the other party’s products and services to their customers.
Terms were not disclosed. Consolidated Communications ESI reports revenues of approximately $55 million for its fiscal year 2015.
Channel Impact®
The deal positions the combined company for a wider breadth of portfolio, new market opportunities and enhanced efficiency through synergy.
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