ePlus inc., a technology solutions provider, has announced that it has acquired certain assets of Network Solutions Group (NSG), a business unit of CCI Systems Inc. NSG is a major provider of networking services and solutions that focus on broadband Service Providers in Michigan.
ePlus Acquires Network Solutions Group of CCI Systems
The acquisition of NSG’s assets and liabilities of CCI Systems closed on April 30, 2023. The financial terms of the transaction were not disclosed and are not expected to have a material impact on ePlus’ fiscal year 2024 results. This acquisition will drive additional growth with enhanced engineering, sales, and services delivery capabilities specific to the broadband Service Provider industry.
ePlus Broadens Offerings for Telecom, Media and Entertainment End-Markets
The recent acquisition of NSG will expand the national presence of ePlus in the Service Provider space, one of the categories in its telecom, media, and entertainment end-markets. The CEO and president of ePlus, Mark Marron, stated that the acquisition will help capture opportunities that will result from the federal government’s broadband funding initiatives. The acquisition has also broadened the portfolio of offerings by ePlus, which will benefit NSG’s customer base.
ePlus to expand its National Presence in the Service Provider Space
NSG’s new VP of Sales in its Service Provider Group, Mac Plymale Jr., stated that ePlus’ focus on customer experience, security, collaboration, and a broader portfolio of solutions will create powerful synergies to address critical gaps in the Service Provider space and capture spend. John Jamar, CEO and president of CCI Systems, expressed that the alliance between CCI and ePlus will mutually serve their customers with complementary solutions.
In conclusion, ePlus’ acquisition of NSG from CCI Systems and its assets and liabilities, will help ePlus to expand its national presence in the Service Provider space, among other categories in its telecom, media, and entertainment end-markets. The acquisition will also drive growth with enhanced engineering, sales, and services production for the broadband Service Provider industry.
