2

Aug

2022

Converge Technology Solutions Corp. Completes Acquisition of PC Specialists, Inc. d/b/a Technology Integration Group

Author: JPGuiang
TORONTO and GATINEAU, Quebec, Aug. 02, 2022 (GLOBE NEWSWIRE) -- Converge Technology Solutions Corp. (“Converge” or “the Company”) (TSX:CTS) (FSE:0ZB) (OTCQX:CTSDF) a software-enabled IT & Cloud Solutions provider, is pleased to announce the closing of its previously signed acquisition of PC Specialists, Inc. d/b/a Technology Integration Group (“TIG”). Converge announced the signing of the acquisition of TIG on May 19, 2022.

Headquartered in San Diego, CA with 20 offices across North America, TIG specializes in optimized performance solutions and critical business support. From software and hardware procurement to discovery assessments, strategic planning, deployment, data center optimization, IT asset management and cloud computing, TIG offers custom-built IT solutions for clients around the globe, with a major presence in the United States and Canada. TIG customizes innovative technology solutions and serves a wide-reaching and diverse client base in enterprise, government, education, and mid-markets.

TIG joins the portfolio of companies announced by Converge or its affiliates since October 2017. Converge’s family of companies also includes Corus Group, LLC; Northern Micro, Inc.; 10084182 Canada Inc. operating as Becker-Carroll; Key Information Systems, Inc.; BlueChip Tek, Inc.; Lighthouse Computer Systems, Inc.; Software Information Systems LLC.; Nordisk Systems, Inc.; Essex Technology Group, Inc.; Datatrend Technologies, Inc.; VSS, LLC; Solutions PCD, Inc.; Unique Digital, Inc.; Workgroup Connections, Inc.; Vivvo Application Studios LTD.; Vicom Computer Services, Inc.; CarpeDatum LLC; Accudata Systems, Inc.; Dasher Technologies, Inc.; ExactlyIT, Inc.; REDNET GmbH; Vicom Infinity, Inc.; Infinity Systems Software, Inc.; LPA Software Solutions, LLC; OPIN Digital, Inc; Paragon Development Systems, Inc.; Visucom GmbH; 1CRM Systems Corp.; Interdynamix Systems; Creative Breakthroughs, Inc.; Notarius; GfdB, IfmB, and DEQSTER.

About PC Specialists, Inc. d/b/a Technology Integration Group
TIG is a premier full-service IT Solutions Provider with 40 years of experience providing end-to-end technology and IT infrastructure solutions in 70 countries. In addition to the company’s headquarters in San Diego, TIG has 20+ offices located in Albuquerque, Atlanta, Denver, Honolulu, Indianapolis, Irvine, Knoxville, Los Angeles, Pensacola, Philadelphia, Portland, Richmond, Sacramento, San Antonio, Seattle, Tampa, Ottawa & Toronto, Canada and Shanghai, China.

About Converge
Converge Technology Solutions Corp. is a software-enabled IT & Cloud Solutions provider focused on delivering industry-leading solutions and services. Converge’s global solution approach delivers advanced analytics, application modernization, cloud, cybersecurity, digital infrastructure, and digital workplace offerings to clients across various industries. The Company supports these solutions with advisory, implementation, and managed services expertise across all major IT vendors in the marketplace. This multi-faceted approach enables Converge to address the unique business and technology requirements for all clients in the public and private sectors. For more information, visit convergetp.com.

For further information contact:
Converge Technology Solutions Corp.
Email: investors@convergetp.com
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19

May

2022

Converge Technology Solutions Corp. To Acquire PC Specialists, Inc. d/b/a Technology Integration Group

California based TIG marks Converge’s 31st announced acquisition.

TORONTO and GATINEAU, Québec, May 19, 2022 (GLOBE NEWSWIRE) -- Converge Technology Solutions Corp. (“Converge” or “the Company”) (TSX:CTS) (FSE:0ZB) (OTCQX:CTSDF) a software-enabled IT & Cloud Solutions provider, is pleased to announce it has signed definitive agreements to acquire PC Specialists, Inc. d/b/a Technology Integration Group (“TIG”). Headquartered in San Diego, CA with 20 offices across North America, TIG specializes in optimized performance solutions and critical business support. From software and hardware procurement to discovery assessments, strategic planning, deployment, data center optimization, IT asset management and cloud computing, TIG offers custom-built IT solutions for clients around the globe, with a major presence in the United States and Canada. With 20+ branch locations, TIG serves a wide-reaching and diverse client base in enterprise, government, education, and SMB markets. Always offering a personal, consultative approach to identifying and fulfilling organizations’ specific computing needs, TIG customizes innovative technology that best fits any unique infrastructure requirement. “TIG is elated to be joining forces with Converge,” said Tom Janecek, CEO and CFO of Technology Integration Group. “We are extremely proud of our 40+ year history and have no doubt that our track record of success as a multi-national service and solutions integrator will continue as part of Converge. We are excited for the strategic direction and vision of the Company and look forward to a bright future for our employees, clients, and business partners.”

“Converge is excited to continue our strategy of growth and global expansion through the announced addition of Technology Integration Group to our portfolio of companies,” stated Shaun Maine, CEO of Converge. “TIG brings strong industry expertise across State, Local, and Education that we can leverage across North America and gives us additional presence in Canada, adding to our strength of offerings with the Canadian government. The combined strength of Converge and TIG’s ability to serve our clients in markets around the world will present an exciting opportunity for us to continue reaching our clients and solving their solution needs wherever they may be.”

PC Specialists, Inc. d/b/a Technology Integration Group generated gross revenue1 of approximately C$423.0 million with an adjusted EBITDA2 of C$14.8 million for its most recently completed fiscal year ended October 31, 2021. Consideration for the purchase consists of US$74.0 million in cash to be paid at closing. Positive net working capital will also be paid out at closing. The purchase multiple is approximately 5.96 times adjusted EBITDA2 for the trailing twelve-month period ended October 31, 2021, after adjusting for positive working capital. The acquisition is expected upon closing to be immediately accretive to Converge, resulting in increased revenue and adjusted EBITDA2.

PC Specialists, Inc. d/b/a Technology Integration Group marks the thirty-first acquisition announced by Converge or its affiliates since October 2017. Converge’s family of companies also includes Corus Group, LLC; Northern Micro, Inc.; 10084182 Canada Inc. operating as Becker-Carroll; Key Information Systems, Inc.; BlueChip Tek, Inc.; Lighthouse Computer Systems, Inc.; Software Information Systems LLC.; Nordisk Systems, Inc.; Essex Technology Group, Inc.; Datatrend Technologies, Inc.; VSS, LLC; Solutions PCD, Inc.; Unique Digital, Inc.; Workgroup Connections, Inc.; Vivvo Application Studios LTD.; Vicom Computer Services, Inc.; CarpeDatum LLC; Accudata Systems, Inc.; Dasher Technologies, Inc.; ExactlyIT, Inc.; REDNET AG; Vicom Infinity, Inc.; Infinity Sy

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29

Sep

2021

Technology Integration Group Celebrates the Life of Industry Icon Bruce A. Geier

Pioneer in System Integration and Managed Services passes after four decades in the industry

San Diego – September 29, 2021 – Global Solution Provider, Technology Integration Group (TIG) acknowledges the passing of their Founder and CEO, Bruce A. Geier. At age 68, he peacefully passed away at home on September 11, 2021. Geier founded TIG, and aggressively grew from one office headquartered in San Diego to a national footprint of 20 US offices and now a formidable global technology solution provider with offices in Canada and China. Geier built a tremendous reputation among his suppliers as well as state, local, federal and commercial clients for its superior IT expertise and personal touch, and considered its employees essential to its success. Geier left an indelible mark on the technology channel industry that runs deep. He is an icon and a friend to many.

Tom Janecek will assume the reigns as Chief Executive Officer. Janecek is also the CFO and partner to Geier for over 30 years. TIG names, Vince Lamb as President. Lamb is the former Sr. VP of Professional Services who over the last 20 years worked closely with Geier and Janecek, playing an intricate part of the successful strategy to build and solidify TIG as an International Premier Solutions Integrator. TIG names Jeff Di Rado as Executive Vice President. Di Rado is the former Sr. VP of Technology Solutions who has also been instrumental in TIG’s transformation as a Service and Solutions led company. Di Rado will oversee all TIG revenue streams.

“Bruce was a visionary leader with an indomitable presence that was felt throughout our business, both through the many lives he touched personally and the strong foundation of uncompromising values of loyalty and integrity he built”, said Tom Janecek, CEO/CFO, Technology Integration Group. “We are extremely confident that Vince and the rest of TIG’s leadership team are capable of effectively driving forward the mission. The TIG family whole heartily embraces a “One TIG” philosophy with all team members contributing to the execution of Bruce’s vision”.

“We know the impact of Bruce’s legacy, and it is because of that legacy we will stay on our path to fully support modernizing technology and delivering the high value services and solutions our customers require,” said Lamb. “We honor his iconic contribution as our founder and to the industry. He was our leader and a best friend. We will miss him immensely.”

TIG’s global family extends our deepest condolences to Geier’s wife, children, extended family and to his many, clients, colleagues, suppliers and friends all over the world.

The family will announce plans for a celebration of life service/memorial in the near future. Donations can be made in Bruce’s name to the Huntsman Cancer Institute.

About TIG

TIG is a premier full-service IT Solutions Provider with 40 years of experience providing end-to-end technology and IT infrastructure solutions in 70 countries. In addition to the company’s headquarters in San Diego, TIG has 20 offices located in Albuquerque, Atlanta, Denver, Honolulu, Indianapolis, Irvine, Knoxville, Los Angeles, Pensacola, Philadelphia, Portland, Richmond, Sacramento, San Antonio, Seattle, Tampa, Ottawa & Toronto Canada and Shanghai China. For more information visit http://www.tig.com

### MEDIA CONTACT:
Rea Carter Williams
Technology Integration Group
 (800) 858-0549 ext. 2700
 rea.carter@tig.com<

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25

Mar

2021

CRN® Names Technology Integration Group To Its 2021 MSP 500

Ranking in the Elite 150 which recognizes large, data center-focused MSPs with a strong mix of on-premises and off-premises services

San Diego – March 23, 2021 – Global Solution Provider, Technology Integration Group (TIG), announced today that CRN®, a brand of The Channel Company, has named TIG to its 2021 Managed Service Provider (MSP) 500 list in the Elite 150 category. The list, released annually, recognizes the leading North American solution providers that have demonstrated innovative and forward-thinking approaches to managed services. These services help end users improve operational efficiencies and navigate the ongoing complexities of IT solutions, while maximizing their return on IT investments.

With cutting-edge approaches to delivering managed services, MSPs have become an integral part of the success of businesses worldwide. They help empower organizations to leverage complex technologies, keeping a strict focus on their core business without straining their budgets. CRN’s 2021 MSP 500 list identifies the market’s key managed services players who are setting themselves apart with best-of-breed solutions that provide the business outcomes customers need.

“We are honored to be recognized among the Elite enterprise IT providers,” said Bruce Geier, CEO, Technology Integration Group. “Our clients better understand the critical focus on a higher-level of business transformation and trust the value in the broader resources TIG’s Managed Offerings provide”.

The MSP 500 list is divided into three sections: the MSP Pioneer 250, recognizing companies with business models weighted toward managed services and largely focused on the SMB market; the MSP Elite 150, recognizing large, data center-focused MSPs with a strong mix of on-premises and off-premises services; and the Managed Security 100, recognizing MSPs focused primarily on off-premises and cloud-based security services.

“Effective MSPs enable companies to focus on their core objectives while improving the quality and reliability of their cloud computing capabilities,” said Blaine Raddon, CEO of The Channel Company. “The solution providers on CRN’s 2021 MSP 500 list deserve recognition for their innovative and forward-thinking approaches to managed services, and the ability to optimize operational efficiencies and systems to maximize return on investments.”

About TIG

TIG is a premier full-service IT Solutions Provider with 40 years of experience providing end-to-end technology and IT infrastructure solutions in 70 countries. In addition to the company’s headquarters in San Diego, TIG has 20 offices located in Albuquerque, Atlanta, Denver, Honolulu, Indianapolis, Irvine, Knoxville, Los Angeles, Pensacola, Philadelphia, Portland, Richmond, Sacramento, San Antonio, Seattle, Tampa, Ottawa & Toronto Canada and Shanghai China. For more information visit http://www.tig.com

#CRNMSP500 #TIGMSP500 #TIGRocks #Managed Services #TIGMSP 

Leading the Charge for Transformation @TIG: https://bit.ly/3daeMzV

Read it on CRN: www.CRN.com/msp500

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16

Jan

2020

Technology Integration Group Achieves VMware Master Services Competency in Data Center Virtualization

Trusted and Certified VMWare Partner

San Diego – January 10, 2020 – Global Solution Provider, Technology Integration Group (TIG), announced that it has successfully achieved the Data Center Virtualization VMware Master Services Competency. This competency demonstrates that TIG is committed to helping organizations accelerate their digital transformations by leveraging their validated services delivery capabilities around advanced VMware technologies.

“I am proud of our team for achieving this Master Services Competency from VMware. It validates our strong technology partnership with VMWare and continues our trusted confidence with customers,” said Bruce Geier, CEO of Technology Integration Group. “TIG joins a select group of companies that have earned this distinction, and we are committed to helping our client’s scale, secure and manage cloud infrastructure and applications without the unnecessary complexities.”

“VMware is pleased to recognize TIG for achieving Data Center Virtualization Master Services Competency. This achievement shows customers that partners like TIG are dedicated, invested and have validated expertise in advanced VMware technologies,” said Jenni Flinders, vice president and worldwide channel chief, VMware. “We value TIG as a VMware partner, and appreciate their efforts in achieving this VMware distinction as they work to increase their service delivery capabilities.”

VMware Master Services Competencies are designed to help partners demonstrate customer-centric solutions and technical proficiency, with proven success and expertise in a specialized area of business. These competencies also allow partners to differentiate in five specific solution areas.

VMware partners can achieve VMware Master Services Competencies in:

  • Cloud Management and Automation – Designates expertise in delivery of VMware Cloud Management and Automation solutions and services with deep understanding and execution of cloud management design principles and methodologies.
  • Data Center Virtualization – Designates expertise in delivery of VMware vSphere environments and digital infrastructure services with deep understanding of and execution in Data Center Virtualization design principles and methodologies.
  • Digital Workspace – Designates partner organizational expertise to design, deliver and support the ongoing management of customer apps, data and virtual desktop solutions whether on-premise or cloud delivered. Achieving this competency validates partners’ deep understanding and execution on VMware Horizon and VMware Workspace ONE end-user computing solutions.
  • Network Virtualization – Designates expertise in the delivery of VMware NSX environments and services with deployment and optimization of NSX environment capabilities.
  • VMware Cloud on AWS – Designates expertise in the deployment of an integrated cloud solution that delivers an on-demand service enabling customers to run applications across a VMware Cloud Infrastructure environment with access to a broad range of AWS services.
  •  

    VMware, vSphere, Workspace ONE, Horizon, and NSX are registered trademarks or trademarks of VMware, Inc. in the United States and other jurisdictions.

    About TIG
    TIG is a premier full-service IT Solutions Provider with 38 years of experience providing end-to-end technology and IT infra

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