Direct Companies recently completed its acquisition of Workplace IT Management, according to Sioux Falls Business. Financial information was not disclosed.
This technology M&A deal number 265 that ChannelE2E and MSSP Alert have reported on in 2023. Details of over 2,000 technology M&A deals from the years 2020 through 2023 can be found here.
Direct Companies, founded in 2012, is based in Sioux Falls, South Dakota. The company has 40 employees listed on LinkedIn. Direct Companies’ areas of expertise include ABB System 6, Delta V, Siemens Apacs, Rockwell Allen Bradley, Emerson, Schneider Modicon, DCS Migrations, Sequencing, Advanced Process Control, OSI PI, 24/7 service and support, Ethanol Automation, Grain Handling, Waste Water Treatment, Food Grade, DCS Repair, Managed Service Provider, and IT Support.
Workplace IT, founded in 1997, is also based in Sioux Falls. The company has 18 employees listed on LinkedIn. Workplace IT’s areas of expertise include Network Management.
Future Collaborations and Plans
Direct Companies aims to integrate its offerings, including security and access control solutions, with Workplace IT Management's services, according to the story. This will benefit the latter's client base by enhancing security measures and optimizing customer experience strategies.
In terms of physical expansion, Zweifel mentioned the possibility of growing Direct Companies’ infrastructure. He highlighted the company's wide reach, with facilities across South Dakota and offices in North Dakota, St. Louis, and remote locations in other states.
Zueger says he plans to stay onboard and provide leadership and direction for the foreseeable future.
