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Transcend United Technologies Continues to Scale Rapidly Growing Footprint by Acquiring Enterprise Solutions Sales Division of Relational Technology Solutions
Acquisition Extends Transcend United's IT and Data Center-Based Offerings
WAYNE, Pa., June 12, 2012 /PRNewswire/ -- Transcend United Technologies announced today that it has completed its acquisition of the Enterprise Solutions Sales (ESS) division of Columbus, OH-based Relational Technology Solutions (RTS).
(Logo: http://photos.prnewswire.com/prnh/20120221/PH56262LOGO )
The deal was announced this week, and financial terms were not disclosed. Earlier this year, Transcend United purchased the Converged division of RTS, which enhanced its presence in Unified Communications. Transcend United focuses on Unified Communications, Network and Data Center Infrastructure, Wireless & Mobility and Backup Recovery solutions to midmarket and enterprise customers aligned with comprehensive managed services offerings in each practice area. The company was founded in 2005 as a result of several long standing systems integration companies merging and has become one of the nation's fastest growing unified communications technology integrators. This acquisition is expected to add to the company's IT and data center-based offerings and bolster Transcend United's national sales and delivery footprint.
"With the acquisition of Relational Technology Solutions' ESS division, Transcend United is continuing to execute its strategy of offering best-of-breed solutions. Our vision is to be the provider of choice who can address our customers' technology infrastructure needs - in the delivery model that best suits them. We expect that RTS' blue chip customer base will benefit from our enhanced Managed Services delivery capabilities," said Rick Hirsh, CEO of Transcend United.
"Now with the addition of the ESS division of RTS, Transcend United can continue our rapid growth into the server and storage marketplace. We can naturally extend our broad managed services portfolio into the customer base that has trusted and relied on the ESS group for many years," said Richard Tarity, EVP of Sales and Marketing of Transcend United.
"RTS provides world-class solutions in the enterprise level server and storage markets, focusing on workload assessment along with backup, archive and business continuity. RTS has strong relationships with Tier 1 vendors, including NetApp, EMC, IBM, HP, and Symantec," said Mark Bramel, Vice President of Sales at RTS. "We look forward to combining our complementary capabilities and increasing our presence in key markets across the United States. By extending our reach we can offer our clients and vendors additional relevancy to better address their requirements."
Q Advisors, a Denver and San Francisco based investment banking advisor, acted as the exclusive financial advisor to Transcend United in connection with the transaction.
About Transcend United Technologies
Transcend United is a global IT systems integration and managed services firm that simplifies communications infrastructures so companies can become more agile in adjusting to changing business needs, without overburdening IT staff. By simplifying the complexity and management of their IT investment, our clients improve their ROI and lower their Total Cost of Ownership (TCO). With an extensive partner ecosystem and having successfully delivered for our clients in over 40 countries, we deliver integrated best-in-class solutions, including on-premise or hosted solutions, that work across your entire geographic footprint. For more information, visit http://www.transcendunited.com.
SOURCE Transcend United Technologies
Photo:http://photos.prnewswire.com/prnh/20120221/PH56262LOGO
http://photoarchive.ap.org/
Transcend United Technologies
CONTACT: Nicole Sites, +1-484-654-1560, nicole.sites@transcendunited.com
Web Site: http://www.transcendunited.com
Transcend United Technologies Continues to Scale Rapidly Growing Footprint by Acquiring Enterprise Solutions Sales Division of Relational Technology Solutions
Acquisition Extends Transcend United's IT and Data Center-Based Offerings
WAYNE, Pa., June 12, 2012 /PRNewswire/ -- Transcend United Technologies announced today that it has completed its acquisition of the Enterprise Solutions Sales (ESS) division of Columbus, OH-based Relational Technology Solutions (RTS).
(Logo: http://photos.prnewswire.com/prnh/20120221/PH56262LOGO )
The deal was announced this week, and financial terms were not disclosed. Earlier this year, Transcend United purchased the Converged division of RTS, which enhanced its presence in Unified Communications. Transcend United focuses on Unified Communications, Network and Data Center Infrastructure, Wireless & Mobility and Backup Recovery solutions to midmarket and enterprise customers aligned with comprehensive managed services offerings in each practice area. The company was founded in 2005 as a result of several long standing systems integration companies merging and has become one of the nation's fastest growing unified communications technology integrators. This acquisition is expected to add to the company's IT and data center-based offerings and bolster Transcend United's national sales and delivery footprint.
"With the acquisition of Relational Technology Solutions' ESS division, Transcend United is continuing to execute its strategy of offering best-of-breed solutions. Our vision is to be the provider of choice who can address our customers' technology infrastructure needs - in the delivery model that best suits them. We expect that RTS' blue chip customer base will benefit from our enhanced Managed Services delivery capabilities," said Rick Hirsh, CEO of Transcend United.
"Now with the addition of the ESS division of RTS, Transcend United can continue our rapid growth into the server and storage marketplace. We can naturally extend our broad managed services portfolio into the customer base that has trusted and relied on the ESS group for many years," said Richard Tarity, EVP of Sales and Marketing of Transcend United.
"RTS provides world-class solutions in the enterprise level server and storage markets, focusing on workload assessment along with backup, archive and business continuity. RTS has strong relationships with Tier 1 vendors, including NetApp, EMC, IBM, HP, and Symantec," said Mark Bramel, Vice President of Sales at RTS. "We look forward to combining our complementary capabilities and increasing our presence in key markets across the United States. By extending our reach we can offer our clients and vendors additional relevancy to better address their requirements."
Q Advisors, a Denver and San Francisco based investment banking advisor, acted as the exclusive financial advisor to Transcend United in connection with the transaction.
About Transcend United Technologies
Transcend United is a global IT systems integration and managed services firm that simplifies communications infrastructures so companies can become more agile in adjusting to changing business needs, without overburdening IT staff. By simplifying the complexity and management of their IT investment, our clients improve their ROI and lower their Total Cost of Ownership (TCO). With an extensive partner ecosystem and having successfully delivered for our clients in over 40 countries, we deliver integrated best-in-class solutions, including on-premise or hosted solutions, that work across your entire geographic footprint. For more information, visit http://www.transcendunited.com.
SOURCE Transcend United Technologies
Photo:http://photos.prnewswire.com/prnh/20120221/PH56262LOGO
http://photoarchive.ap.org/
Transcend United Technologies
CONTACT: Nicole Sites, +1-484-654-1560, nicole.sites@transcendunited.com
Web Site: http://www.transcendunited.com