Amplix (Norwood, MA), a provider of information and communications technology (ICT) advisory services and software, today announced that it has acquired the technology advisory practice of Intervale Technologies, Inc. (Reading, MA), a provider of advisory services, structured cabling technology solutions, and audio-visual services to more than 100 customers in a variety of end markets.
Amplix, a portfolio company of Gemspring Capital, is a provider of technology advisory services and software to more than 2,500 customers across multiple industries. With its mission of "enabling data-driven enhancements to technology decision-making and optimization," Amplix's advisory services encompass data connectivity, cloud telephony, customer experience, security and managed services, business continuity, cloud optimization and data center solutions technologies.
Joe DeStefano, Amplix CEO, remarked:
"We're delighted to partner with Intervale and integrate their technology advisory practice into the Amplix platform. They have delivered exceptional, tailored solutions to their customers for more than 20 years and their mission aligns perfectly with our goals. We're confident that Intervale's technology advisory services clients will benefit from Amplix's unique IT platform and capabilities, creating additional value for Intervale's customers. We are thrilled about the potential of this partnership."
Going forward, Intervale Technologies will continue to operate its structured cabling and audio-visual businesses, becoming a preferred partner for Amplix in those fields, as stated in a press release.
Frank Dearborn, co-owner of Intervale, commented:
"Our collaboration with Amplix presents a tremendous opportunity for growth. While we will remain focused on delivering exceptional results for our structured cabling and audio-visual clients, our technology advisory services clients will benefit from Amplix's comprehensive platform and first-class client success team. This partnership will accelerate value for both Intervale and Amplix, as well as our customers."
Recently acquired by Gemspring Capital, Amplix was formed through the merger of ROI Communications, Blue Front Technology Group, and allConnex, and is headquartered in Norwood, Massachusetts. Westport, Connecticut-based Gemspring is a private equity firm with $3.4 billion of capital under management, who provides flexible capital solutions to middle market companies. Target companies have up to $500 million in revenue and are in the aerospace and defense, business services, consumer services, financial and insurance services, healthcare services, industrial services, software and tech-enabled services, or specialty manufacturing sectors.
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