November 1, 2023 – Dataprise, a leading provider of managed IT services and cybersecurity solutions, has recently made a significant announcement regarding its expansion efforts. The company has successfully acquired PEI, a reputable IT services provider in Boulder, Colorado. This strategic move marks Dataprise’s entry into the Colorado market, enhancing its expertise in Microsoft practices and strengthening its position across the United States.
Established in 1988, PEI has built a legacy around its mission to design and deliver innovative IT services tailored to address complex business challenges for its 250 clients in Colorado. The company is dedicated to fostering lifelong relationships with its clients. By joining forces with Dataprise, PEI’s clients now access cutting-edge technology solutions that enhance cybersecurity, bolster business resilience, and drive impactful outcomes through technology.
“We are excited to welcome PEI to the Dataprise family. PEI’s unwavering commitment to client satisfaction, coupled with their three-decade-long expertise in IT services in Colorado, align perfectly with Dataprise’s vision as we expand our national presence,” remarked William Flannery, Chief Executive Officer of Dataprise.
Tim Krueger, President and CEO of PEI, expressed his enthusiasm about the acquisition, stating, “Becoming a part of Dataprise is a significant milestone for our company. It brings substantial benefits to both our valued clients and dedicated employees. Dataprise shares our passion for client success and innovation, and this partnership significantly broadens our range of managed services.”
Dataprise’s Senior Vice President of Mergers and Acquisitions, Christian Fulmino, highlighted PEI’s strong management team, skilled employees, and extensive presence in Colorado. He emphasized that this synergy positions PEI as an ideal addition to Dataprise’s strategic vision, enabling the company to expand its nationwide footprint while delivering top-notch, localized technology services.
Flatirons Capital Advisors represented PEI throughout the acquisition process, ensuring a smooth and successful transition for both companies.
Dataprise is a portfolio company of Trinity Hunt Partners, a growth-oriented private equity firm. Founded in 1995, Dataprise believes that technology should enable our clients to be the absolute best at what they do. This commitment to client success is why Dataprise is recognized as the premier strategic managed service and security partner to strategic CIOs and IT leaders across the United States. Dataprise delivers best-in-class managed cybersecurity, disaster recovery as a service (DRaaS), managed infrastructure, cloud, and managed end-user services.
About Flatirons Capital Advisors
Flatirons Capital Advisors, LLC (www.flatironscap.com) is a Mergers and Acquisitions advisory firm that helps privately held companies sell their businesses and acquire other businesses. Our unique business model affords sell-side advisory clients the ability to improve their company’s performance, earnings, and effectiveness in the short-term, while simultaneously increasing their market value for a future sale. Flatirons has offices in Colorado, Florida, Illinois, and Texas.