|By Business Wire||
|October 31, 2012 05:13 PM EDT||
American Technology Services, Inc. (ATS™) and Confluence announced today that ATS has completed an agreement to acquire Confluence Corporation’s network support and infrastructure services business. This transaction will allow Confluence to focus on the company’s core IT consulting, Salesforce, and website design and development practices.
For ATS, the acquisition provides a boost to the economies of scale for its help desk and managed services business, while offering new opportunities for deeper penetration of ATS’ existing private cloud services.
Jeff Chandler, President of ATS said, “ATS and Confluence share the same commitment to high-quality client support in a consultative delivery style, so the acquisition is an easy transfer of clients between the two firms. We see immediately accretive financial results for our business, and we think the breadth and depth of our managed services and cloud capabilities will be of great interest to Confluence’s client base.”
Lisa Rau, CEO of Confluence, commented, “Our new relationship with ATS will help Confluence to continue and to expand the high-value services we offer to our clients in areas where we excel, such as website design and development, Salesforce and open source programming, and strategic technology consulting, while turning to ATS for client needs in infrastructure and network support, which place a greater emphasis on scale and efficiency. ATS is a dynamic partner, and we look forward to working with them closely in delivering great technology services to the nonprofit community.”
The acquisition will further strengthen ATS’ position in the association and nonprofit market. This market has been a focus for ATS since the firm’s inception in 1994. ATS has continued to gain recognition as one of the top managed services providers, and as a leading cloud provider. Inc. magazine has named ATS to its Inc. 500/5000 for the last three years, and Washington Business Journal routinely lists the firm as one of the Top 25 Small Technology Companies. HighBank Advisors and Miles & Stockbridge acted as advisors for the transaction. Terms of the transaction are not disclosed.
About Confluence Corporation
Confluence is an information technology services firm dedicated to supporting the culture, mission and budgets of the nonprofit sector, and select local government clients.
Founded in 2001, they have served over 550 clients across the country in a wide variety of areas from database and web development to strategic technology consulting. Learn more at confluencecorp.com.
ATS, headquartered in Fairfax, VA, is a leading provider of comprehensive IT services for small and mid-sized organizations. Founded in 1994, the company has a strong track record of providing high-quality services to associations and other nonprofits, financial institutions, government contractors, and professional services firms. ATS’ broad experience includes network support, web design and development, hosting, and cloud services. ATS provides tailored support services for total IT outsourcing and project-based support. Visit them at networkATS.com.
If you would like more information on this topic, please contact Nicole Cain at 703.876.0300 or by email at [email protected].
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