Corsica Technologies Emerges As Total Services Provider (TSP)
Corsica Technologies, through organic growth and acquisitions, is rapidly emerging as a total service provider (TSP) — the type of company that blends IT support, true security, application know-how and other one-stop capabilities for end-customers.
The latest move: Corsica has acquired Fort Wayne, Indiana-based Symplexity, a managed security, cloud, networking, and technology consulting provider. Terms of the deal were not disclosed.
While many MSPs and IT consulting firms are outsourcing their SOC (security operations center) capabilities, Corsica has a growing SOC footprint that largely differentiates the company. The firm also has a separate NOC (network operations center) team, which ensures a clear line between customer experience (CX) and cybersecurity expertise.
Corsica is backed by private equity firm Inverness Graham. The company has been growing through acquisitions, most recently acquiring the MSP EDTS earlier this year.
Corsica CEO Dale Walls commented on the acquisition:
“Our approach has been to identify and acquire other leading MSPs throughout the country. We want to find companies that offer MSP services, but also offer other strategic offerings to add to our portfolio. The acquisition of EDTS gave us MSP services and a fully developed Security Operations Center (SOC). The acquisition of Symplexity offers those services and adds Digital Transformation to our service catalog.”
Founded in 1995, Symplexity provides IT and cybersecurity services to businesses in Northeastern Indiana, Southern Michigan, and Northwestern Ohio. Symplexity’s CEO Brian Harmison will lead the Digital Transformation practice for the combined companies, Corsica announced.
“We recently added Digital Transformation, which includes DevOps, application development, and automation to meet the growing demand of our clients. This acquisition will allow me to focus on this strategic practice area and provides us with investment capital to really accelerate our success helping our clients use technology to transform their business.”
Corsica says it will continue to explore strategic investment opportunities that align with the company’s approach to doing business.