Latest Acquisition Accelerates I-Evolve’s Growth in the Western New York Region
BUFFALO, NY, May 1, 2017—I-Evolve Technology Services, a leading Cloud Services provider, has signed an agreement to acquire the Small and Medium-Sized Business (“SMB”) Managed Services arm of Crossfuze. Crossfuze provides Managed Services to large enterprise clients (more than 1500 employees) which includes the implementation of ServiceNow, an Enterprise Service Management platform.
“The acquisition of the Crossfuze SMB Managed Services division allows I-Evolve to accomplish three strategic objectives,” said Kevin Kelly, President of I-Evolve. “It accelerates our growth plans, gives us access to high-quality technical talent, and provides opportunities to layer I-Evolve’s cloud solutions onto the managed services Crossfuze already provides its clients.”
“We are excited to be transitioning our SMB Managed Services business to a company as respected and forward thinking as I-Evolve,” said Rick Muller, Crossfuze’s Chief Strategy Officer. “Our SMB clients will benefit by being able to leverage I-Evolve’s industry-leading cloud solutions. I-Evolve is uniquely qualified in its expertise to take over this business. This is a sound transaction for both companies.”
The acquisition of the Crossfuze’s SMB Managed Service portfolio is the eighth technology company acquisition by I-Evolve. “This acquisition is our response to the vitality of the Western New York business market,” said David Meller, Founder and CEO of I-Evolve. “The need for end-to-end, state-of-the-art IT services is strong, and acquiring this SMB-focused division of Crossfuze better positions I-Evolve to meet the growing demands.”
Crossfuze’s technical resources on staff will be retained, bringing I-Evolve’s total workforce to 32 full-time personnel with additional hiring now in progress.