Systems integrator Convergint has acquired MVP Tech for an undisclosed amount.

This is the technology M&A deal number 825 that ChannelE2E has covered so far in 2022. Over 2,000 technology M&A deals involving MSPs, MSSPs and IT service providers are listed here.

Founded in 2001, Convergint is based in Schaumburg, Illinois. 4,455 employees are registered on LinkedIn. Convergint’s areas of expertise include Physical Security, Access Control, Video, CCTV, Intrusion, Biometrics, Cybersecurity Consulting, Command Centers, Wireless, Credentials, Quad4, Building Automation Systems, Fire Alarms and Life Safety, Mechanical Includes services, HVAC, mass notifications, and energy. Efficiency audit.

Founded in 2003, MVP Tech is based in Dubai, United Arab Emirates. The company has his 161 employees listed on LinkedIn. MVP Tech’s areas of expertise include Radar, Perimeter Protection and X-Ray Scanning Systems, IP Surveillance Systems, Access Control, Biometrics, Time and Attendance, PSIM, Parking Management – ​​ANPR, Gate Barriers and Bollards, Security Maintenance Systems, Cyber ​​Security , professional security systems and IT infrastructure solutions.

The acquisition will bring Convergint’s workforce to over 200 and expand its presence in the Gulf Cooperation Council (GCC) and countries in the Middle East, Convergint said.

Convergint Acquires MVP Tech: Executive Insight

Ken Rotiat, CEO, Convergent

Ken Lochiatto, CEO of Convergint, said:

“MVP Tech’s strong customer-focused culture and expertise in emerging technologies provide important competitive advantages and are well aligned with our growth strategy. MVP’s strong technical capabilities and rapidly expanding artificial intelligence, machine learning and big data capabilities complement and accelerate investments in these key areas. I look forward to working with my colleagues and leadership at MVP Tech to deliver uninterrupted service excellence and the latest innovations to our customers.”

MVP Tech CEO and owner Charles Kiwan said:

“By joining forces with Convergint, we have the opportunity to extend our engineering-driven philosophy and further enhance our ability to serve both local and multinational customers. Convergint’s culture and core values ​​and beliefs. is a great fit for MVP Tech, and we are very excited to bring new possibilities to our customers through Convergint’s resources.”

Convergint M&A growth

Convergint is a $2 billion global systems integrator with a focus on services in North America, Latin America, Asia Pacific, Europe and Oceania.

The company continues to grow globally, and the acquisition follows four other acquisitions earlier this year that expanded Convergint’s capabilities across Canada, Australia and the United States. These deals include the August 2022 acquisition of California-based Ojo Technology and the February 2022 acquisition of Canadian telecommunications and network reseller Dramis Communications Solutions Ltd.


Source link


Submit a Comment

Your email address will not be published. Required fields are marked *