Upstack Acquires Consulting Firm Network One Solutions
The acquisition brings Upstack’s list of publicized investments up to 30 technology advisors.
Upstack‘s latest acquisition is Network One Solutions, a full-service cloud, communications and technology solutions consulting firm based in Laguna Niguel, California. This is Upstack’s 30th acquisition since starting its channel buying spree more than two years ago.
As part of Upstack’s investment, the Network One Solutions team will become part of Upstack, with founder and CEO Michael Stevens joining as a partner. Upstack isn’t disclosing terms of the acquisition.
The acquisition brings Upstack’s list of publicized investments up to 30 technology advisors.
Founded in 2007, Network One Solutions specializes in cloud solutions, data networking, voice and unified communications, and security services. It provides consultative services and a single point of contact for all services to thousands of SMBs, municipalities and hospitality organizations across the United States.
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Upstack’s Christopher Trapp
“Michael Stevens and the team at Network One Solutions have reached the top by taking the time and complexity out of sourcing and managing technology services for businesses,” said Christopher Trapp, Upstack’s founder and CEO. “Their vendor-agnostic, customer-first approach aligns with Upstack’s mission. We’re excited for Michael and the team to join the Upstack family.”
Network One Solutions’ Origins
Stevens founded Network One Solutions after nearly a decade in inside sales with AT&T and Mpower Communications, now TPx. He became a telecom advisor with the ability to source solutions from an array of providers. His early success came through referral partnerships with phone system vendors whose clients needed telecom services.
Over the past 16 years, Network One Solutions has evolved to offer a range of technology solutions to more than 400 clients. The company’s consistent growth caught the attention of investors, and Stevens entertained several offers, ultimately choosing Upstack as the best fit for customers and his team.
Network One’s Michael Stevens
“The executive team’s perspective on growth and the company’s customer service culture is in line with how we operate Network One,” Stevens said. “Upstack has a track record of acquiring companies, keeping their people and putting them where they perform the best. They’re all in on making us part of the company’s future success. We’re not just another acquisition.”
Upstack will provide Network One Solutions’ business customers with access to expertise in emerging technology, he said.
“We will lean into Upstack’s growing advisory team and supplier relationships to guide our clients on specialized solutions like cybersecurity,” Stevens said.
Upstack’s most recent acquisition was Sidepath Global, a Nevada-based technology advisor and Intelisys agent.
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