Deal boosts company’s capabilities in cloud, security, and AI
EPlus has bought fellow solutions provider ABS Technology, the second acquisition this year aimed at bolstering ePlus’ presence in the mid-Atlantic region of the United States and expanding its capabilities in such areas as cloud, security, and data centers, and in artificial intelligence (AI), machine learning, and related emerging technologies. No financial details of the deal, which closed this month, were released.
The Lowdown: The acquisition of Virginia-based ABS Technology, a subsidiary of Innovative Technology Systems and Solutions, comes eight months after ePlus bought IT consulting and solution provider SLAIT Consulting, another firm with headquarters in Virginia Beach, Virginia, and locations in the mid-Atlantic. ABS also has locations in Richmond and Roanoke, Virginia.
The Details: With ABS in the fold, ePlus adds to its IT consultancy capabilities in the region, an expanded presence in commercial accounts, and strength in such areas as health care, education, and government. ABS brings expertise in managed services, networking, collaboration, and security, and delivers an array of managed, professional, and staffing services.
The Buzz: “Adding the ABS team to the ePlus roster complements our capabilities and puts us in a position to more effectively deliver innovative, customized technology solutions and certified expertise in the mid-Atlantic region,” said ePlus president and CEO Mark Marron. “This acquisition also strengthens our business by adding a solid, established customer base across commercial accounts and strategic markets including health care, education, and public-sector verticals. The additional resources in this region will provide existing ePlus and ABS customers with superior levels of customer service and support.”
“For almost five decades, ABS Technology has earned an excellent reputation and deep customer relationships, which are in alignment with ePlus’ culture and customer-centric approach,” said Hunter Dorroh III, CEO of ABS. “Working together, we will continue to help organizations architect, design, deploy, and manage the leading IT solutions required to help them succeed now and in the future.”