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SEATTLE, WA and HOUSTON, TX—(Marketwired – Feb 9, 2016) – Aldridge (https://aldridge.com/), a leading technology management consulting firm, and outsourcing company for growing organizations, has completed two acquisitions of Seattle-based IT services companies. The acquisitions of Arterian and PacketDrivers make it possible for Aldridge to immediately establish a solid and strategic presence in one of America’s technology hubs. The terms of the deals were not disclosed.
Key elements of this announcement:
- Aldridge is consolidating the operations of Arterian and PacketDrivers, retaining most personnel and launching the Seattle office of Aldridge.
- Aldridge has appointed PacketDrivers Founder Scott Hamlin to the position of Vice President and General Manager to lead the Seattle operation.
- Aldridge has retained the Arterian brand and has established a subsidiary devoted to Microsoft’s CSP (Cloud Solution Provider) program.
- Aldridge appointed Arterian Founder Jamison West as President of the newly-formed subsidiary.
- Aldridge has assumed the lease on Arterian’s lower Queen Anne office space and will locate Aldridge Seattle at 100 West Harrison Street.
“There are a lot of moving parts when combining three businesses, so we have been careful and deliberate to ensure that the result significantly benefits current and future customers while positioning Aldridge for long-term success,” said Aldridge President and COO Patrick Wiley.
Aldridge offers nearly 130 IT professionals who serve clients throughout Texas and the Pacific Northwest from offices in Houston, Dallas, Austin, and now Seattle with the latest acquisitions. Additionally, Aldridge Health provides IT support services to growing medical and dental practices throughout the United States. Aldridge offers a broad range of outsourced custom IT services, such as:
- Managed Services, including user help and support
- Managed Backup and Continuity Services
- Cloud Hosting Services
“We have been impressed by Aldridge’s focus on exceptional customer service and came to the conclusion that it would be in the best interests of our customers as well as our associates for us to join forces to create a larger and more capable IT services entity,” said Scott Hamlin.
The entry into Seattle—near Microsoft—also strategically positions Aldridge to help existing, and future customers benefit from the agility, cost-efficiency, and scalability made possible by Microsoft’s CSP program through its new subsidiary, Arterian.
“Cloud solutions are the future for the IT managed services industry, and Microsoft’s CSP program is contributing to significant disruption in IT services generally,” said Jamison West. “With the Arterian subsidiary solely focused on advancing this business strategy, we expect to rapidly accelerate the growth of the Azure and Office 365 customer base.”
Aldridge engaged Cogent Growth Partners, a buy-side merger and acquisition advisory firm specializing in IT and MSPs, to guide the two simultaneous acquisitions.
“Aldridge has been an active client of Cogent for over four years, and this is the most complex deal we’ve pulled together for them to date,” said George Sierchio, VP and Senior Partner at Cogent, who led the transaction process. “Folding in two prominent Seattle MSPs and retaining top-notch leaders in Jamison West and Scott Hamlin, we believe is going to quickly propel an already dominant player in the industry into a true regional powerhouse with a wide array of service offerings.