MSPmentor 100: NetGain Technologies Acquires NCDTech
MSPmentor 100 company NetGain Technologies of Lexington, Ky. is expanding to St. Louis with the acquisition of NCDTech, an MSP in that region. The deal marks the fourth for NetGain over the last three years.
June 27, 2013
Longtime MSPmentor 100 company NetGain Technologies, based in Lexington, Ky., continued its acquisition spree this month with the buy of St. Louis-based NCDTech. The deal represents NetGain Technologies’ fourth expansion in three years and continues its growth as a regional IT managed services provider (MSP). Here are the details.
While the terms of the deal were not disclosed, the companies said that NCDTech’s current team would remain in place and continue to serve clients. This month’s deal sounds like it is certainly about geographic expansion but also about a meeting of the minds in terms of compatible cultures and a commitment to customer service.
“We are delighted to expand NetGain Technologies into St. Louis. I see a lot of potential and opportunity,” said CEO Mark Jacobson, in a statement. “When we make the decision to acquire another company, we look for one that shares our values and desire to create happy clients. I believe we found that in NCDTech.”
NCDTech Founder John Forti started the business in 1997 while attending Microsoft and Linux classes. The companies said that Forte wanted put his knowledge to real-world use and provide excellent technical support. The SMB-focused company quickly grew to a force in IT services in St. Louis, the companies said.
“Since founding NCDTech, I’ve been proud to bring top I.T. service to my clients and I’ve been amazed as I watched my business grow. Now, through the acquisition, we have the option to compete for larger opportunities, and be part of a larger organization. I am very excited to have raised the ceiling for everyone.” Forti said, in a statement.
NCDTech customers will now have access to services offered by NetGain Technologies including 24×7 helpdesk and resources from partners such as EMC2, HP, and Cisco.
NetGain Technologies noted that this acquisition will not be its last. The company is still seeking “healthy organizations with a solid group of clients.”
NetGain Technologies’ most recent acquisition before NCDTech was Lexington-based, IntraSource in 2012.
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