RealCom Solutions Agrees to Deal with Bridgepointe, Spins Out MSP
The deal adds about 40 people to Bridgepointe's staff.
Bridgepointe Technologies‘ private equity-backed growth journey continues with the acquisition of tech consulting agency RealCom Solutions.
Frisco, Texas-based RealCom will assume the brand of San Mateo, California-based Bridgepointe. The deal gives Bridgepoint new talent and service lines, as well as new vertical skillsets.
Approximately 40 employees are joining Bridgepointe as a result of the deal. They’ll serve in account and project management as well as technology expense management. RealCom Solutions founder and CEO Charlie Bogart will take on the role of managing director at Bridgepointe.
Bridgepointe Technologies’ Brian Miller
“RealCom is a natural fit with Bridgepointe, especially with its laser focus on client experience,” Bridgepointe co-founder Brian Miller said. “Charlie and his team have built an incredible reputation in the Southwest and across the country. Being able to add their team to Bridgepointe is validation of the vision that we have for our company going forward. We aim to build the nation’s premier technology advisory firm – and we’re not done.”
RealCom Solutions
Bogart, a former MCI and Qwest employee, founded the advisory firm in 2002. RealCom went on to implement about 2,300 projects alongside its carrier partners. Its customers include Hilton, Fairfield, Cobblestone and Managed by Marriot. RealCom has also served multiple Fortune 500 customers.
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“We’re pleased to become part of the Bridgepointe family, as it provides our clients and team with new opportunities and will enable us to increase our level of operational efficiency,” Bogart said. “Bridgepointe is investing heavily as they pursue aggressive growth targets, so everyone including our employees, clients and partners will all benefit as we focus on providing a world-class experience.”
Bridgepointe chief strategy officer Kinka said the acquisition expands Bridgepointe’s presence in Texas and the Southwest. He said Charlie Bogart holds deep connections in the Texas business community.
RealCom Entities
Moreover, he pointed to RealCom’s skills serving hospitality customers.
Bridgepointe’s Charlie Bogart
RealCom also runs an MSP called TekSecute Technology Group. That partner firm deals with hospitality customers. However, TekSecute will spin out into its own company. In addition, RealCom has an affiliated cybersecurity and managed IT provider called Third Wave Innovations that will stay independent. Moreover, Third Wave will partner with Bridgepointe as a supplier, the companies said.
Bridgepointe’s Scott Kinka
“We’ve had a longstanding partnership with RCS Secure which is now Third Wave Innovations, and that relationship will continue,” Kinka told Channel Futures. “Security is a growing area of focus for our team, and we’ll partner with them, as suppliers, on deals where our clients need cybersecurity safeguards and managed IT services. With the ongoing focus on hybrid work, these types of security solutions continue to be critical for our clients.”
M&A Background
Bridgepointe has lit up the newswires in 2022, starting with its $100-plus million investment from Charlesbank Capital Partners
Bridgepointe last month announced the acquisition of Canon Group in a deal that bolstered its professional services. In particular, Bridgepointe launched a customer life cycle management services division as a result of the purchase. Bridgepointe at the time functionally doubled its headcount by bringing on 50 people from Canon.
It has also acquired Clover Communications and Wave in deals that, in concert with Canon, helped establish Bridgepointe’s presence on the East Coast.
Bridgepointe has also given several its top-performing IT strategists (agents) equity and “partner status.
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