Mergers and Acquisitions, IT management, MSP, Content

AppSmart Acquires Technology Consultancy CNSG

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AppSmart has acquired Converged Network Services Group (CNSG), a technology consultancy from Charlotte, North Carolina. Financial terms of the deal were not disclosed.

AppSmart runs a digital B2B marketplace of more than 200 technology providers. The addition of CNSG gives AppSmart’s portfolio a boost in the master-agent community – those companies at the top of the distribution food chain. CNSG joins two previously purchased master agent companies, Telegration and World Telecom Group (WTG).

Matt Harty, Founder and CEO, CNSG
Matt Harty, founder and CEO, CNSG

Founded in 2006, CNSG also provides expertise in cloud, voice, connectivity, IoT, services, and support. The company’s executive team will remain intact with founder and CEO Matt Harty at the helm. Harty commented on the news:

"We believe joining AppSmart will fuel CNSG’s rapid national expansion efforts, providing our partners with more resources and support than ever before. This is the next step in the future of CNSG, a future that has never been brighter."

Randy Friedberg, executive vice president of sales and marketing at CNSG, added:

"The AppSmart marketplace offers partners a comprehensive and easy to use platform for delivering technology services today and in the future. We play the roles of both technology matchmaker and revenue protector for our partners. AppSmart significantly enhances our ability to design the most complete technology solutions, while protecting our partners’ commissions and future revenue streams."

AppSmart’s catalog includes offers from Google, Microsoft, AT&T, Verizon, and many more. Customers from industries ranging from retail and hospitality to manufacturing, banking, and more make use of the platform, according to AppSmart.