Michigan MSP M&A: Center for Computer Resources Acquires Power IT

Cloud services, managed services provider and MSP 501 member Center for Computer Resources (CCR) has acquired business technology solutions provider Power IT, LLC. The two Michigan-based IT companies — one in the southeastern part of the state and the other in the northern part — said that by combining forces they will be able to generate new growth.  Here are the details.

More specifically, CCR said it will “increase its business leverage and services by implementing Power IT’s best practices.” CCR also plans to offer backend support to Power IT and its customers.

“This acquisition of Power IT will give us the ability to extend our geographical reach in the great state of Michigan, as well as extend the services we can offer our clients,” said CCR President and CEO Curtis Hicks in his prepared remarks.

Power IT founder and CEO Del Ingalls said in a prepared statement that bringing cloud and hosted solutions to Power IT’s customers was a major reason for the transaction.

Due to the additional capabilties gained through the acquisition, Power IT will now offer its customers cloud services, including cloud email, VoIP/Telephony, server, mobility, collaboration and others, he added.

“The team and I are ecstatic about the acquisition and joining of forces with an organization of such national stature as CCR.”

Ingalls will join CCR as part of the company’s executive management team.

CCR will provide local northern Michigan service under the Power IT name and current staff will be retained in the Petoskey and Traverse City office locations.

Center for Computer Resources was founded in 1981 to provide small businesses with IT services in Southeastern Michigan. Power IT started providing technology solutions to businesses of Northern Michigan in 2000. The financial terms of the deal were not disclosed.