VC3, a managed service provider, announced the acquisition of GO Concepts, a provider of managed IT services, business continuity, cybersecurity solutions, and cloud services in Ohio. The acquisition aims to deepen VC3's Midwestern presence, according to the company. Financial information was not disclosed.
This is technology M&A deal number 310 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.
VC3, founded in 1994, is based in Columbia, South Carolina. The company has 496 employees listed on LinkedIn. VC3’s areas of expertise include managed support services, hosted desktop, hosted and on-premises voice, vCIO services, e-government, website design, cloud-based backups, Cisco, Microsoft, network design, hosting services, data center services, SharePoint and application development.
GO Concepts, founded in 1997, is based in Lebanon, Ohio. The company has 29 employees listed on LinkedIn. GO Concepts’ areas of expertise include IT solutions for County Boards, Agencies, and Independent Providers for people with developmental disabilities in Ohio.
VC3 Acquires Go Concepts: Executive Insights
Ryan Vestby, CEO of VC3, commented:
"Like VC3, GO Concepts dedicates its focus and mission to governmental entities and businesses, with a similar set of core values. Our teams also align in our breadth and depth of knowledge related to managed services, cybersecurity, cloud, and business continuity. Their Southwest Ohio location, at the crossroads of the Midwestern, Eastern, and Southern United States, deepens our local presence in a key part of our market. The GO Concepts team has earned a high reputation in Ohio, and we are excited for them to join VC3’s constantly growing organization."
John Gambill, Jr., CEO of GO Concepts, said:
"Reflecting on this acquisition, I'm reminded of our enduring commitment at GO Concepts. As always, our passion remains steadfast in aiding those who dedicate themselves to service. With this acquisition, we're not only expanding our horizons but strengthening our mission to deliver unparalleled IT services to those organizations and businesses championing the support of people with developmental disabilities in Ohio. The future shines bright, and together, we continue to make a difference."
Vestby added, "I’m excited to work closely with the GO Concepts team over the next few months, getting to know their clients and adding their expertise to the VC3 team. Together, our partnership will lead to better service and more opportunities for our clients—both present and future."
VC3's M&A Activity
VC3 is no stranger to acquisitions. In September 2022, it acquired Accent Computer Solutions. In January 2022, VC3 acquired Canadian IT management and consulting firm CompuVision and CW Technology, a Minnesota-based IT management provider.
In July 2020, the firm acquired Sophicity for an undisclosed amount. And in November 2019, VC3 acquired masterIT, a Memphis, Tennessee-based managed IT service provider.
