Amplix, a technology advisory and software provider and a portfolio company of Gemspring Capital, has announced its acquisition of a significant portion of the assets of M.J.M. ENTERPRISES, LLC, which operates under the name nQuery Communications. Financial information was not disclosed.
This is technology M&A deal number 294 that ChannelE2E and MSSP Alert have covered so far in 2023. See more than 2,000 technology M&A deals for 2023, 2022, 2021, and 2020 listed here.
Amplix, founded in 201, is based in Norwood, Massachusetts. The company has 54 employees listed on LinkedIn. Amplix’s areas of expertise include RFP (planning, design, implementation), Contract Negotiations, DR Consulting, IT Consulting, UCaaS, Cloud, Cybersecurity, Vendor Management, Business Continuity, Managed Services, and IaaS.
nQuery Communications, founded in 2003, is based in Miami, Florida. The company has three employees listed on LinkedIn. nQuery Communications' areas of expertise include unbiased advisory services across a range of cloud-oriented offerings such as unified communications, business internet, contact center, and IT and cybersecurity.
nQuery provides technology advisory services and software. The company serves the expanding Florida market and its advisory services cover a wide range of areas including connectivity, cloud telephony, and managed services, according to Amplix.
Amplix Acquires nQuery: Executive Insight
Joe DeStefano, CEO, Amplix, commented:
"nQuery's integration into the Amplix platform is a significant strategic milestone for our business. nQuery will bolster our existing presence in the flourishing Florida region, ultimately benefiting both our existing and new clients. We eagerly anticipate collaborating with the talented team at nQuery to further enhance the technology investment returns for our combined base of valued customers."
Emilio Diaz, Founder, nQuery, said:
"Our partnership with Amplix marks an exciting chapter in nQuery's journey of growth and innovation, and aligns seamlessly with our commitment to delivering exceptional value to our customers. We are thrilled to complement our service offerings with the additional resources, capabilities and scale of the Amplix platform."
About Amplix
Amplix’s advisory services address various facets of technology including customer experience, data connectivity, security, managed services, cloud telephony, mobility, cloud optimization, business continuity, and data center solutions.
Amplix previously acquired Corporate Accessories Group in June 2023. In October of the same year, parent company Gemspring Capital Management acquired strategic advisory firm Inflow Communications with plans to merge it with Amplix.
Gemspring Capital, headquartered in Westport, Connecticut, manages $3.5 billion of capital, providing versatile capital solutions to middle-market companies.
