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In what may be the first MSP merger of 2017, Kite Technology Group and AIS Technology combined their operations today, the two MSPs have confirmed. Among their common areas of expertise: Serving the insurance agency vertical.
Kite Technology Group, headquartered in Owings Mills, Md., is an IT managed services provider supporting SMB customers primarily in the Mid-Atlantic region. Roughly 55 percent of Kite's revenue involves independent insurance agencies. The company's services include technology planning, network maintenance, help-desk support, and insurance agency operations consulting, Kite indicated.
AIS Technology is an MSP serving independent insurance agencies in 22 states. AIS also provides IT services to non-insurance companies in Wisconsin. The company's core services include technology projects, network maintenance, help-desk support, and backup/disaster recovery solutions, AIS stated.
The combined companies will now operate under the Kite Technology Group name. Financial terms of the merger were not disclosed. The core owners include: Greg DiDio, Nick Oliver and Kite Technology Group founder Jeff Kite. The combined business is headquartered in Kite's Owings Mills, Md., offices.
![Kite CEO Greg DiDio](/wp-content/uploads/2017/01/greg-didio-125x125.jpg)
ChannelE2E has reached out to Kite for additional details about the merger. We'll update our coverage if/when we receive a reply.
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