The following press release was issued by our portfolio company, Coretelligent:
Needham, MA, February 15, 2023 — Coretelligent, a leading provider of comprehensive managed and co-managed white glove IT support, cybersecurity, digital transformation, compliance, and cloud integration, and Norwest Equity Partners (NEP), a leading middle-market investment firm, jointly announced the acquisition of NetCom Systems, Inc. The financial terms of the private transaction were not disclosed.
Based in Roswell, GA, NetCom has 36 years of experience providing IT support to companies across the Southeast. Their suite of services includes managed and co-managed IT solutions, security, business continuity, and cloud services.
“We are delighted to welcome NetCom and their top-tier customers and well-respected team into the Coretelligent family. Our shared tenet of being a trusted partner, passion for providing first-rate customer service, high standards for technical expertise, and the comparable makeup of our solutions made bringing our two firms together a natural conclusion,” said Kevin J. Routhier, Coretelligent Founder, President, and CEO. “Through the acquisition of NetCom, Coretelligent has effectively enhanced its services and further strengthened its commitment to delivering the highest-quality service. This acquirement is a mutually advantageous arrangement that benefits our shared clients and provides our current and new team members with abundant opportunities.”
This acquisition provides additional network and cloud infrastructure, application management, as well as virtual desktop infrastructure (VDI) that enhances existing resources and offers key redundancies to reinforce Coretelligent’s already secure infrastructure.
“This has been a multi-year process for NetCom, but after conducting our due diligence, no other firm was as aligned to our values, committed to doing things well, and complementary to our services as Coretelligent. In bringing our two companies together, I believe, we are stronger and better than ever,” said Duane Miller, CEO of NetCom and the new Vice-President of Strategic Services – Southern Region at Coretelligent. “This deal is the very definition of synergy—the collaboration of two or more organizations, aligned and working together to produce a combined impact that is greater than their individual endeavors.”
This marks Coretelligent’s sixth acquisition overall and third acquisition since NEP added Coretelligent to its investment portfolio in October 2021. Coretelligent’s previous acquisitions include United Technology Group, LLC., SoundView IT Solutions, LLC., Soundshore Technology Group, Lighthouse Technology Partners, and Chateaux.
As a leading provider of comprehensive managed IT, cybersecurity, digital transformation, compliance, strategy, and other IT solutions, Coretelligent enables organizations to seamlessly power and grow their businesses. Founded in 2006 and led by world-class technology experts, Coretelligent’s core services are utilized by top-tier organizations in the financial services, life sciences, and professional services sectors. Coretelligent’s headquarters is in Needham, MA, with strategic offices in New York City, Atlanta, Norwalk, Scarborough, and the San Francisco Bay area; with expanded support locations in Dallas, Los Angeles, Philadelphia, Tampa, Washington, DC, and West Palm Beach.
For more information, visit coretelligent.com or follow Coretelligent on Twitter, Facebook & LinkedIn.