Digitech Inc. and Tel-IT Technology Solutions Merge
In a significant move within the telecommunications sector, Digitech Inc. has been acquired by Tel-IT Technology Solutions, marking an exciting chapter for both companies. This transition is recognized as a strategic maneuver by Tel-IT to broaden their operations and solidify their presence in a thriving market.
The Growth Journey of Digitech Inc.
The history of Digitech Inc. traces back to 1987 when it was founded as Watkins Communications by Art Watkins and his father, Charlie. Launching from a modest home office with just one van, the company quickly earned a reputation as a dependable telecommunications service provider in the local area. This initial success paved the way for growth and innovation throughout the years.
In 2000, Wayne Critcher joined as co-owner, infusing the company with additional industry knowledge and experience. Under their collaborative leadership, Digitech expanded its offerings and officially rebranded itself as Digitech Inc. in 2003. The firm has focused heavily on quality and customer service, especially within the healthcare industry, and has since become renowned for its commitment to excellence.
What the Acquisition Means for Employees and Clients
Digitech's owners, Art Watkins and Wayne Critcher, expressed their enthusiasm about the acquisition, emphasizing the opportunities it presents for their employees and clients. They highlighted how the partnership with Tel-IT delivers a comprehensive technology solution to their customers, ensuring that clients in the marketplace have access to a full suite of services.
Frank Landaverde, President of Tel-IT Technology Solutions, shared his excitement about integrating Digitech into their family of companies. He praised the remarkable achievements of Art and Wayne, indicating their legacy will continue as they expand together in the market.
Expansion of Services in the Telecommunications Field
Tel-IT Technology Solutions, based in Chicago, offers an array of advanced services, including VoIP systems, network architecture, and audiovisual (AV) integrations. By acquiring Digitech, the company is positioned to utilize the latter's customer base and industry expertise, thereby enhancing their service offerings and market reach.
This acquisition is more than a merger; it's a fusion of longstanding values and commitment to delivering innovative solutions tailored to the technological needs of clients. Digitech’s familiarity with the Florida market complements Tel-IT’s ambitions for expansion.
Professional Guidance in Transition
The acquisition process was overseen by the Viking M&A team led by Andrew Hakkarainen, Robert Lugo, and Jacob Middleton, who played a crucial role in ensuring a smooth transition. Their expertise in the business acquisition process has been an asset to both companies, setting the stage for ongoing success.
Looking Ahead
The future appears promising for both Tel-IT Technology Solutions and Digitech Inc. as they embark on this shared journey. The combination of Digitech's established brand and Tel-IT’s technological resources creates a potent entity poised for growth and innovation in the telecommunications landscape.
Frequently Asked Questions
1. What prompted the acquisition of Digitech Inc.?
The acquisition was aimed at expanding Tel-IT's services and market presence, especially in the telecommunications field.
2. How long has Digitech been in business?
Digitech Inc. was founded in 1987, originally as Watkins Communications.
3. What services does Tel-IT Technology Solutions offer?
Tel-IT provides advanced technology services, including VoIP systems and IT network architecture.
4. Who were the key figures in this acquisition?
Key figures include Art Watkins, Wayne Critcher, and Frank Landaverde from Tel-IT.
5. What benefits can clients expect from this acquisition?
Clients will benefit from enhanced service offerings and a comprehensive approach to technology solutions.
