Benchmark International has successfully facilitated a transaction between Fishkill, NY-based Computer Systems Integrators, Inc. (CSI) and Albany, NY-based Acture Solutions (Acture). CSI has been a reliable IT services partner primarily for K-12 schools, offering IT solutions, security, and support for school networks.
William Sullivan, Benchmark's Senior Transaction Director, remarked, "CSI President Bob Knapp and his team built a great business in a reliable market niche with a strong customer set and high recurring revenues. IT businesses like this are really a pleasure to bring to market because there is such a large, disaggregated buyer community, which drives a fairly clear path to partnership options for our clients. Ultimately, Acture Solutions proved to be the perfect fit among a very attractive field of highly motivated buyers. The Acture team was fantastic throughout the process, and we’re very pleased to have helped find CSI such a great partner."
Founded in 1991, Computer Systems Integrators is a hybrid provider of multiple IT products and services, including integration and value-adding reselling relationships with Nimble and VMWare, and a variety of security and maintenance services. The company is also an authorized partner of Cisco, Microsoft, and Barracuda.
Acture Solutions offers clients managed IT services, cybersecurity, cloud solutions, and IT projects. Their expertise spans networking, physical security, classroom collaboration, and Hardware as a Service (HaaS). Acture serves multiple sectors including K-12 school districts, higher education, healthcare, legal, financial services, and small to medium-sized businesses.
The successful transaction between CSI and Acture Solutions underscores the growing importance of IT services and cybersecurity in today's digital landscape. With increasing reliance on technology across various sectors, the demand for robust IT infrastructure and security solutions is at an all-time high. This merger is significant as it combines CSI's established market presence and recurring revenue model with Acture's expansive service portfolio, potentially leading to enhanced service offerings and innovation in IT solutions for educational institutions and other industries.
This transaction not only highlights the dynamic nature of the IT services market but also exemplifies the strategic importance of mergers and acquisitions in driving growth and innovation. By bringing together complementary strengths, CSI and Acture are well-positioned to address evolving IT needs, providing enhanced value to their clients and setting new benchmarks in service delivery.
