Michigan-based IT solutions provider, Centaris, has acquired Network Connections, Inc. (NCI). Financial terms of the deal were not disclosed.
This is technology M&A deal number 47 that ChannelE2E and MSSP Alert have covered so far in 2024. See more than 2,000 technology M&A deals for 2024, 2023, 2022, 2021, and 2020 listed here.
Centaris formed in 2021 through a merger between the Center for Computer Resources (CCR) and Business Communication Systems (BCS). The company is headquartered in Sterling Heights, Michigan, and has 110 employees listed on LinkedIn. Centaris’ areas of expertise include managed services for Microsoft Office 365 and Teams, as well as computer systems sales and service, structured cabling, varied voice/phone solutions, telephony, cloud VoIP solutions and internet/voice carrier services.
Network Connections, founded in 1982, is based in Clinton Township, Michigan. The company has 21 employees listed on LinkedIn. COMPANY NAME’s areas of expertise include managed IT services, hosted VoIP solutions, cloud integration services, IT consulting services, and mobile/remote workplace.
Strategic Growth and Team Integration
Centaris serves over 1,500 businesses nationwide. The acquisition is part of the company's strategy to broaden its IT service offerings. The transition will see NCI's CEO, Paul Licari, and his team joining Centaris, where Licari will take on the role of Senior Account Executive, Partner, focusing on sales.
Centaris previously acquired managed service provider Network Source One (NSO) in March 2023.
Centaris Acquires NCI: Leadership Insight
Paul Licari, CEO, NCI, commented:
"We're thrilled to be joining Centaris. This is a great opportunity for me and the dedicated employees at Network Connections. Teaming up with Centaris helps expand our capabilities and brings enhanced services to our clients. I'm looking forward to this new journey together."
Curtis Hicks, president and CEO, Centaris, said:
"We are excited to announce Network Connections, Inc. as the latest addition to our organization. This company is a testament to the remarkable vision and leadership of Paul Licari. His 33 years of invaluable experience in the industry will be a significant asset to the Centaris team."
Hicks added:
"This marks a new chapter in our journey, reflecting our commitment to excellence and our continuous pursuit of growth and innovation. We are genuinely excited to welcome Paul and his outstanding team, and we look forward to a productive future together."
