MSP M&A: ePlus Acquires Network Solutions Group From CCI Systems
ePlus has announced the acquisition of some assets of Network Solutions Group (NSG), a Cisco master services provider and a business unit of CCI Systems. Financial terms of the deal were not disclosed, though they are not expected to have a material impact on ePlus’ fiscal year 2024 results, the company said.
This is technology M&A deal number 118 that ChannelE2E and MSSP Alert have covered so far in 2023. See more than 2,000 technology M&A deals for 2022, 2021, and 2020 listed here.
ePlus is based in Herndon, Virginia. The company has over 1,700 employees listed on LinkedIn. ePlus’s areas of expertise include Data Center & Cloud Computing, Collaboration, IT Security, Infrastructure & Networking, IT Services, Managed Services, Software, IT Leasing, and Cloud.
CCI Systems is based in Iron Mountain, Michigan. The company has 877 employees listed on LinkedIn. CCI’s areas of expertise include Service Provider, Managed Services, Data Center, Cybersecurity, Fiber Splicing, Field Engineering, Consulting, Network Installation, Converged Networks, Network Engineering, Network Optimization, Carrier Networking, Network Assessments, Fiber to the Home, HFC, Routing and Switching, Peering, Network Automation, IP Addressing, Optical, and Mapping and Design.
NSG was a subsidiary of CCI. The division provides high-performance, next-generation coverage carrier infrastructure to service providers. The company specializes in routed optical and high-capacity access networks.
The acquisition will help drive ePlus’ growth with enhanced engineering, sales, and services delivery capabilities specific to the service provider industry, the company said.
ePlus Acquires NSG: Gains Cisco Master Services
Mark Marron, CEO and president, ePlus inc, commented:
“ePlus has a long track record in the Service Provider space. This acquisition will further expand our national presence in this important end-market, and help capture opportunities resulting from the federal government’s broadband funding initiatives. NSG has an excellent reputation in the market, a very capable workforce, and a solid customer base that will benefit from ePlus’ broadened portfolio of offerings. We welcome our new NSG employees to the ePlus family and look forward to serving our hundreds of new customers.”
Mac Plymale, Jr., ePlus’ new VP of Sales in its Service Provider Group, said:
“Our team is very excited to join ePlus. Our Cisco Master Service Provider Technology Architect Specialization, one of only six nationwide, combined with ePlus’ focus on customer experience, security, collaboration, and a broader portfolio of solutions, will create powerful synergies to address critical gaps in the service provider space and capture spend.”
John Jamar, CEO & president of CCI, added:
“We are pleased that NSG has joined ePlus. For decades, broadband Service Providers have relied on CCI’s Network Solutions Group for technical solutions that optimize their carrier-grade critical infrastructure. This is a great outcome for employees and customers of the group, who will benefit from the expertise, strategy, and customer relations applied to ePlus’ wider array of offerings. We are proud of what NSG has built over the past 20 years and look forward to a continuing alliance between CCI and ePlus, mutually serving our customers with complementary solutions.”
ePlus Revenues and Previous Acquisitions
ePlus has been an active buyer in the MSP and IT solutions provider (ITSP) market. Previous deals include buying:
- January 2021: Systems Management Planning
- August 2019: ABS Technology
- January 2019: SLAIT Consulting
- January 2017: Integrated Data Storage
- December 2016: Consolidated IT Services’ business unit.