Converge relies on the company’s 35th get.
Toronto and GatineauQuality inspection , September 22, 2022 /PRNewswire/ – Converge Technology Solutions Corp. (“convergence“or company“) (TSX: CTS) (FSE: 0ZB) (OTCQX: CTSDF), a provider of software-enabled IT and cloud solutions, is pleased to announce that it has agreed to acquire UK-based Stone Technologies Group Limited (“Stone”) , a trusted provider of circular IT solutions for educational institutions and public and private sector organizations U.K.Converge’s acquisition of Stone is subject to conditions, including regulatory approval under the UK’s National Security and Investments Act 2021, and is expected to close in the fourth quarter.
Stone has served the UK’s public and private sectors for over 30 years, helping thousands of organisations adapt and grow in a changing technology landscape, deploying market-leading technology, delivering personalised service and delivering reliable IT support. The company’s vision is to have a real and lasting impact on how technology is sold, providing customers with a complete circular purchasing cycle that benefits the environment and future generations. With a focus on sustainability, Stone makes it easy for organizations to recycle their redundant technology through the innovative Stone 360 app.
comment on acquisition, Simon HarbridgeCEO of Stone Technologies, said: “We are delighted to join the Converge family. As a growing organisation with a strong team and a huge platform, we can Europe, Joining Converge benefits both our customers and Stone employees. Becoming part of Converge will enhance our ability to provide an expanding technology portfolio and support the diverse needs of our customers. Additionally, the cultural fit is high, and the team at Converge will be fully aligned with our environmental and sustainability mission. ”
“2022 is a milestone growth year for Converge in the European market,” said Sean Maine, CEO of Converge. “Together with our recent Germanywe are excited to leverage the knowledge and skills of the Stone Group and its teams to continue to enhance the capabilities and products we offer our customers around the world. U.K. and EU. “
Stone Group marks 35th acquisition announced since Converge or its affiliates October 2017. Converge’s family of companies also includes Corus Group, LLC; Northern Micro Corporation; 10084182 Canadian Corporation operating as Becker-Carroll; Critical Information Systems Corporation; BlueChip Tek, Inc.; Lighthouse Computer Systems Corporation; Software Information Systems LLC; Nordisk Systems, Inc.; Essex Technology Group Inc.; Data Trend Technologies, Inc.; VSS, LLC; Solutions PCD, Inc.; Unique Digital Inc.; Workgroup Connectivity Inc.; Vivvo Application Studios Ltd.; Vicom Computer Services ; CarpeDatum, LLC; Accudata Systems, Inc.; Dash Technologies, Inc.; ExactlyIT, Inc.; Red Web, Inc.; Wellcome Unlimited; ; Vesucom Ltd; 1CRM Systems Inc; Interdynamix Systems; Creative Breakthrough Inc; PC Experts Inc. d/b/a Technology Integration Group;
About Stone Group
Founded in 1991, Stone Group is a leading provider of information and communications technology (ICT) solutions to UK public and private sector organisations of all sizes. Its mission is to improve the education, health and quality of life of the British people through technology services. By mastering the technology of its clients, Stone Group enables organizations to focus on what they do best – whether it’s taking care of the citizens of today or tomorrow.
About Confluence
Converged Technology Solutions is a software-enabled IT and cloud solutions provider focused on delivering industry-leading solutions and services. Converge’s global solutions approach provides advanced analytics, application modernization, cloud platforms, cybersecurity, digital infrastructure and digital workplace products to customers across industries. The company supports these solutions with consulting, implementation and managed services expertise from all major IT vendors in the market. This multifaceted approach enables Converge to meet the unique business and technical requirements of all clients in the public and private sectors. For more information, visit convertp.com.
SOURCE Converge Technology Solutions Corp.
