This is technology M&A deal number 538 that ChannelE2E has covered so far in 2022. See more than 1,000 technology M&A deals involving MSPs, MSSPs & IT service providers listed here.
CIT, founded in 2005, is based in San Antonio, Texas. The company has 10 employees listed on LinkedIn. CIT delivers a range of cloud services with a strong focus on virtual desktops.
Centre Technologies, also founded in 2005, is based in Houston. The company has 170 employees listed on LinkedIn. Centre works with mid-sized businesses in a variety of industries including law firms and legal services, finance, private equity, real estate, public sector, hospitality, and more. The acquisition of CIT allows the company to expand its coverage in the south central Texas region, the company said.
Centre Technologies Acquires CIT: Executive Insight
Niklas Rosen, CEO, CIT, commented:
“I am very excited for our customers to be able to take advantage of the experience and wealth of knowledge the Centre team adds to CIT. Now our customers will have local service they are used to, but also an enterprise team there to support them.”
Chris Pace, CEO, Centre Technologies, said:
“This acquisition will allow businesses throughout the central Texas region to focus on what they do best, while we deliver cloud solutions that support them in achieving their business goals.”