Marcum Technology Acquires BinaryNetworks
Marcum, founded in 2001, is based in Melville, New York. The company has 108 employees listed on LinkedIn. Marcum’s areas of expertise include Data Security, Project Management, Cloud Services, Software, Cybersecurity, Infrastructure Solutions Services, Strategic IT Consulting, Digital Forensics, Data Analytics, Data Storage, IT Due Diligence, Digital Transformation, Enterprise System Selection, CISO as a Service, CIO as a Service, Business Continuity and Disaster Recovery, Blockchain and Cryptocurrency Services, Value Added Reseller, Managed Service Provider (MSP, Remote IT Service Desk, IT Staff Augmentations, Financial Solutions, ERP Selection and Implementation, FP&A Selection and Implementation, and Cybersecurity Assessments and Penetration Testing.BinaryNetworks, founded in 2011, is based in Rockville, Maryland. The company has six employees listed on LinkedIn. BinaryNetwork’s areas of expertise include Network Security & Backup Solutions, New Server installations, upgrades & monitoring, Complete IT outsourcing, Managed Services, Help Desk Services, IT Assessments & Recommendations, Acquisition of New Hardware and Software, Cloud Computing, Cybersecurity, Strategic IT Consulting, Intelligent Automation RPA/AI/ML, Blockchain/Cryptocurrency, IT Staff Augmentations, Financial Solutions (ERP/ FP&A, IT & Digital Transformation, Disaster Recovery, and Enterprise System Selection.The deal happened at the same time as a merger between parent companies, accounting firm Marcum LLP and CPA firm E. Cohen and Company, the latter of which BinaryNetworks was a subsidiary.The firm combined into Marcum Technology’s managed services and infrastructure lines of business, adding 15 associates to the team, the company said.Marcum Technology Acquires BinaryNetworks: Leadership Insight
“The synergies between BinaryNetworks and Marcum Technology are substantial and will create even greater opportunities to support clients’ businesses with strategic, high-impact initiatives that drive growth. As part of Marcum Technology, the BinaryNetworks team will be able to leverage additional intelligence and our deep experience to address the myriad issues embedded in complex technology challenges.”
“Our close relationship with our clients as their single-source technology advisor will continue, but with the significant advantage of Marcum’s deep resources as a national service provider that is part of one of the country’s leading CPA firms. We know that service delivery is critical to our clients’ success. BinaryNetworks and Marcum Technology are diligently working to ensure that this combination results in a smooth transition that positions us to deliver even greater value to our clients.”
