Ntiva Acquires MSP and Hosting Business of Lore Systems
Ntiva has acquired the commercial MSP and hosting business of Lore Systems Inc, a technology services firm that specializes in high level strategic consulting.
Lore is in the midst of changing focus and grow its strategic consulting business which prompted the sale, according to Lore’s Chairman, Tien Wong. “We wanted to insure that our commercial clients would be in great hands with Ntiva who, like us, take a strategic, client-centric approach to their service business,” he added.
The acquisition increases Ntiva’s client base to more than 500 organizations, mostly located in the Washington DC metro area. The company was founded in 2004 by CEO Steven Freidkin and now has more than 120 employees. Key partners include Dell, Microsoft, Cisco, Datto, and Google.
This is Ntiva’s fourth acquisition since it opened its doors. The firm last acquired IN Communications in September 2017.