The Iowa IT market has consolidated just a bit as ICE Technologies acquires Computer Concepts of Iowa (CCI), for an undisclosed sum. The acquisition is effective immediately.
This is M&A deal number 167 that ChannelE2E has covered so far in 2020. The pace of deals has slowed a bit since the coronavirus pandemic emerged, but overall deal volume remains reasonable steady. See the complete M&A deal list here.
The deal will allow ICE Technologies to expand its services statewide, according to the company. For now, CCI will continue operating under its existing brand customers will not notice much change, according to the firm’s president and CEO Adam Schweers.
Founded in 2005 in Carroll, Iowa, CCI provides full-service IT solutions – including systems, cloud systems, networking, and more – to small and medium-sized businesses.
Meanwhile, ICE Technologies was founded in 1990 in Pella, Iowa. The company provides IT sales and services, largely within the healthcare and finance sectors.
ICE Acquires CCI: Executive Perspectives
ICE President & CEO Keith Van Donselaar, commented:
“When choosing a partner, we knew we wanted someone who has technical expertise, excellent client satisfaction, and shared values. CCI has all three.”
Schweers added:
“There’s no other team we’d rather join forces with. ICE shares the same technical disciplines and high standards of service that our customers have come to expect. We’re excited to begin working together.”
