Integris Acquires CalTech to Build National Community Banking Practice

National MSP Integris has acquired CalTech, a community banking-focused MSP with offices in Texas and Kansas.

This marks Integris’ third acquisition in less than six months. Last August, Channel Futures named Integris the No. 1 fastest-growing MSP from our MSP 501 list.

With CalTech, Integris now has more than 20 offices in 10 states with nearly 700 employees. It offers enterprise IT services and security monitoring for the SMB market.

Integris didn’t say how much it’s paying for CalTech.

Last October, Integris acquired Blue Jean Networks, an MSP, and Security7 Networks, an MSSP.

Rashaad Bajwa is Integris’s CEO. He said the timing of the CalTech acquisition “could not be better.”

Integris’ Rashaad Bajwa

“Integris plans to expand service capabilities to community banking clients nationwide,” he said. “CalTech has a proven track record of being an industry leading IT MSP for community banks in Texas and Kansas. Integris hopes to leverage that expertise and expand it to existing and future clients across the country.“

Integris to Increase Offerings with CalTech Purchase

For community banking clients, the partnership means increased offerings in cybersecurity and business intelligence, as well as new layers of regulatory advice and compliance consulting, Bajwa said.

“This acquisition will most certainly give Integris a competitive advantage among our peers,” he said. “As a unified team, Integris can now focus on servicing the community banking industry. Both the level of service offerings and geographic nationwide coverage sets us apart among other MSPs.”

Will Welch is CalTech‘s CEO.

CalTech’s Will Welch

“We are excited about this merger for many reasons, but the first being the alignment of values and reputation,” he said. “With Integris, we will build a national community banking practice with top quality service, security and premium offerings for new and existing clients.”

Early last year, Iconic IT and Integris merged, combining the company under the Integris name. The merger made it one of the largest MSPs dedicated to the SMB sector.

Integris is backed by private equity firm Frontenac. The MSP is actively engaged and looking to acquire additional MSPs.