New York City-based Agio, a Microsoft Azure-partnered cybersecurity and managed IT services provider, has acquired the Enterprise Services unit of Intersection. The unit specializes in IT strategy, implementation, and 24x7support. Financial terms were not disclosed.
Founded in 2010, Agio traditionally works within the financial services, healthcare, and payments industries. This new acquisition will fortify its presence in the financial services industry, as well as expand its reach to global art organizations, as well as creative, architecture, engineering, and construction companies. Areas that have been served by the Enterprise Services unit.
Bart McDonough, CEO and founder of Agio, commented on the deal:
"As Agio continues to scale, we saw an organic opportunity to bring Intersection Enterprise Services and their global roster of prestigious clients into the fold. While there are myriad reasons why the acquisition made sense, the company's aptitude for quality relationship management, extensive experience working with public cloud technologies and like-minded work culture were especially impressive. As many of our clients face complex decisions around cloud strategy and migration planning, this acquisition further improves our ability to meet such a critical need."
Scott Simon, Head of Enterprise Services added:
"We're thrilled with Enterprise Services' infusion into Agio. Agio's impressive cybersecurity capabilities and strong bench of experts were significant draws, and our team is excited to bring this new wealth of data protection capabilities to our existing clients."
Based out of New York City, the business unit has several major IT industry certifications, including Microsoft Certified Solutions Expertise (MCSE) and Cisco Certified Internetwork Expertise (CCIE). The business has more than 40 employees who will join Agio’s existing workforce of more than 230 employees across offices in New York, New York; San Francisco, California; Raleigh, North Carolina; and Norman, Oklahoma.
