NEFCAP Represents Admo in Sale to Contegix
Sell-Side Representation of Kansas City Cloud and Managed Services Provider
Newton, MA, December 15, 2016 --(PR.com)-- NEF Capital Advisors (NEFCAP), an advisory firm facilitating M&A transactions in the MSP, cloud, IT services and data center industries, today announced the acquisition of Admo.net Web Services, LLC (Admo) by Contegix, LLC. NEFCAP served as the exclusive advisor to Admo. The terms of the transaction were not disclosed.
Admo is a managed service provider offering off-site data backup, managed dedicated servers, managed firewalls and managed colocation. The acquisition of the Kansas City, Missouri-based company follows private equity firm, Strattam Capital’s recent investment in Contegix to further expand the reach of its product suite into new markets.
Contegix’s expansion also includes the acquisition of Reading, Pennsylvania-based IT solutions provider, Distributed Systems Services Inc. (DSS). The combined companies will operate under the name Contegix. As part of the transaction, David Turner will join Contegix as its new CEO.
“This is an excellent first step forward for us as a combined company,” said Mr. Turner. “Admo has built a great relationship with the type of clients that we think are the perfect fit for the Contegix offering in a market that is a great complement to our existing footprint.”
NEFCAP worked closely with Adam Ward, founder and CEO of Admo, to manage all aspects of the transaction. “The NEFCAP team provided a great recipe for success. Their process, resources and people greatly simplified our transaction.”
About NEFCAP
NEF Capital Advisors is a boutique mergers and acquisitions advisory resource representing a variety of data center facilities, managed services and cloud providers across the United States. Since its founding in 2004, the NEF team has helped advise clients on valuations, business optimization and strategic transactions of assets. NEF Capital Advisors provides clients representation on the buy-side or sell-side. For further information, visit http://www.nefiber.com/capital-advisors/.
About Contegix
Contegix is a leading cloud, managed application, and IT solutions provider that helps midsize businesses simplify infrastructure management, improve productivity, and optimize IT resources. The company delivers flexible, custom solutions that drive business value at a quality level expected from industry leaders and with the personal attention of a local partner. A staff of Tier 3 engineers provides 24/7 application management and managed services with a specialty focus on supporting Atlassian application environments. Contegix also maintains esteemed levels of partnership with industry leaders as a value-added reseller and delivers award-winning on-premise, service desk, cloud and hybrid client solutions. Contegix operates state-of-the-art, N+1 data centers located in St. Louis & Kansas City, MO, Reading, PA, Dallas, TX, and Amsterdam. To learn more visit www.contegix.com
About Admo
Admo is a leading provider of managed cloud, servers, storage, and services. Its customer base receives unparalleled service quality through its high-touch engagement and support culture. With its two datacenters located near Kansas City’s power and light area, Admo’s solutions are deployed across high service level and quality infrastructure. To learn more visit www.admo.net.
About Strattam Capital
Strattam Capital is a private equity firm that takes an innovative and focused approach to investing in high-potential companies within the business information technology market. Our entrepreneurial-minded team applies our operational engagement strategy to deliver a better future for our companies. To learn more visit www.strattam.com.
Media Contact:
NEF
Sarah Johnson
Marketing Manager
(617) 597-6799
sjohnson@nefiber.com
Admo is a managed service provider offering off-site data backup, managed dedicated servers, managed firewalls and managed colocation. The acquisition of the Kansas City, Missouri-based company follows private equity firm, Strattam Capital’s recent investment in Contegix to further expand the reach of its product suite into new markets.
Contegix’s expansion also includes the acquisition of Reading, Pennsylvania-based IT solutions provider, Distributed Systems Services Inc. (DSS). The combined companies will operate under the name Contegix. As part of the transaction, David Turner will join Contegix as its new CEO.
“This is an excellent first step forward for us as a combined company,” said Mr. Turner. “Admo has built a great relationship with the type of clients that we think are the perfect fit for the Contegix offering in a market that is a great complement to our existing footprint.”
NEFCAP worked closely with Adam Ward, founder and CEO of Admo, to manage all aspects of the transaction. “The NEFCAP team provided a great recipe for success. Their process, resources and people greatly simplified our transaction.”
About NEFCAP
NEF Capital Advisors is a boutique mergers and acquisitions advisory resource representing a variety of data center facilities, managed services and cloud providers across the United States. Since its founding in 2004, the NEF team has helped advise clients on valuations, business optimization and strategic transactions of assets. NEF Capital Advisors provides clients representation on the buy-side or sell-side. For further information, visit http://www.nefiber.com/capital-advisors/.
About Contegix
Contegix is a leading cloud, managed application, and IT solutions provider that helps midsize businesses simplify infrastructure management, improve productivity, and optimize IT resources. The company delivers flexible, custom solutions that drive business value at a quality level expected from industry leaders and with the personal attention of a local partner. A staff of Tier 3 engineers provides 24/7 application management and managed services with a specialty focus on supporting Atlassian application environments. Contegix also maintains esteemed levels of partnership with industry leaders as a value-added reseller and delivers award-winning on-premise, service desk, cloud and hybrid client solutions. Contegix operates state-of-the-art, N+1 data centers located in St. Louis & Kansas City, MO, Reading, PA, Dallas, TX, and Amsterdam. To learn more visit www.contegix.com
About Admo
Admo is a leading provider of managed cloud, servers, storage, and services. Its customer base receives unparalleled service quality through its high-touch engagement and support culture. With its two datacenters located near Kansas City’s power and light area, Admo’s solutions are deployed across high service level and quality infrastructure. To learn more visit www.admo.net.
About Strattam Capital
Strattam Capital is a private equity firm that takes an innovative and focused approach to investing in high-potential companies within the business information technology market. Our entrepreneurial-minded team applies our operational engagement strategy to deliver a better future for our companies. To learn more visit www.strattam.com.
Media Contact:
NEF
Sarah Johnson
Marketing Manager
(617) 597-6799
sjohnson@nefiber.com
Contact
NEF Capital Advisors
Sarah Johnson
617-597-6799
www.nefiber.com/capital-advisors
Sarah Johnson
617-597-6799
www.nefiber.com/capital-advisors
Contact
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