Private Equity Acquisition Expands Soroc Technology's International Presence

The investment will bolster the company’s capabilities across the IT infrastructure life cycle.

Allison Francis

February 4, 2022

2 Min Read
Globe
Shutterstock

The merger and acquisition wheel won’t stopped turning. Private equity firm CenterGate Capital just made a big investment in DecisionOne Corp. Expect the cash influx to expand the U.S.-based operations and capabilities of Soroc Technology, CenterGate-owned company.

DecisionOne is the one of the largest independent providers of IT infrastructure services in North America. A provider of technology infrastructure management, its focus areas include field services, remote managed services and IT asset management. DecisionOne serves enterprises in retail, health care, transportation, financial services and government.

Private Equity Prevalence

Croce-Pat_DecisionOne.jpeg

DecisionOne’s Pat Croce

“We are very excited to partner with Soroc and believe that this will benefit all stakeholders. We are excited about the prospects of growing together,” said Pat Croce, president of DecisionOne. “Soroc’s robust capabilities across the IT infrastructure life cycle and in Canada will bolster our portfolio of IT services, increasing our ability to deliver world-class services with an exceptional client experience to existing and prospective clients.”

Keep up with the latest channel-impacting mergers and acquisitions in our M&A roundup. Then check out what we thought were the biggest mergers and acquisitions of 2021!

Rudy Cheddle is Soroc chairman and CEO.

“I am excited that our combination creates one of the strongest platforms and broadest footprints across North America, and we are now positioned to be a formidable full-service provider for any enterprise seeking a comprehensive IT solution. DecisionOne expands our geographic coverage in the United States and Canada and increases our services capabilities with one of the largest, most experienced full-time technician employee workforces. This was the culmination of our long and successful relationship to date, and we believe that DecisionOne’s focus on high-quality, timely service will be the ideal complement to Soroc’s existing business.”

You can keep up with all of our M&A and private investment coverage here.

Want to contact the author directly about this story? Have ideas for a follow-up article? Email Allison Francis or connect with her on LinkedIn.

Read more about:

MSPsVARs/SIs

About the Author

Allison Francis

Allison Francis is a writer, public relations and marketing communications professional with experience working with clients in industries such as business technology, telecommunications, health care, education, the trade show and meetings industry, travel/tourism, hospitality, consumer packaged goods and food/beverage. She specializes in working with B2B technology companies involved in hyperconverged infrastructure, managed IT services, business process outsourcing, cloud management and customer experience technologies. Allison holds a bachelor’s degree in public relations and marketing from Drake University. An Iowa native, she resides in Denver, Colorado.

Free Newsletters for the Channel
Register for Your Free Newsletter Now

You May Also Like