This is technology M&A deal number 634 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.
RJ Young Acquires Syndesi Solutions: Buyer and Seller Details
RJ Young, founded in 1955, is based in Nashville, Tennessee. The company has 664 employees listed on LinkedIn. RJ Young's areas of expertise include managed print services, document management solutions, facilities management, Canon, Ricoh, Oce', HP, Lexmark, Muratec, Contex, Riso, IT services, digital printing services, workflow solutions, office equipment, wide format printing, production printing, digital printing, promotional items, process automation, managed IT services, managed network services, production equipment, network security, network management and managed IT.
Syndesi Solutions, founded in 2008, is based in Athens, Alabama. The company has nine employees listed on LinkedIn. Syndesi Solutions' areas of expertise include network security, endpoint security, engineering services, device management, one-to-one deployment, helpdesk, infrastructure, networking solutions, cloud services, identity management, backup solutions, DR solutions, IT, social media, cybersecurity, business services, consulting, data security, email marketing and technology.
Syndesi Solutions’ employees will join the 650-plus RJ Young team members. All operations, area offices, and team members will remain local.
Since the launch of its technology vertical in 2019, RJ Young has grown that side of its business by 360%, according to RJ Young. Last year, RJ Young underwent a rebranding and introduced the Modern Office – the company’s concept of being a one-stop-shop for technology solutions, the company said in a statement.
The acquisition of Syndesi Solutions is part of RJ Young’s aim to strengthen its managed IT services throughout the Southeast U.S., according to the company.
RJ Young Acquires Syndesi Solutions: Executive Perspectives
Paul Gibbs, vice president, Syndesi Solutions, commented on the news:
“For the past 14 years, Syndesi Solutions has strived to provide a high level of service to our customers. We are excited about teaming with RJ Young to continue providing exceptional service and technology solutions that power businesses in Alabama and the Southeast.”
Chip Crunk, president and CEO, RJ Young, added:
“Syndesi has built a reputation with their customers and vendors of delivering a customer experience and service excellence that is setting an industry-standard in the Alabama market. We look forward to joining forces to provide current and future customers across our footprint with top-in-class managed IT services.”
The acquisition marks RJ Young’s third transaction in 2022 and its eleventh in the past five years.