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Exigent Acquires Information Architects For Scale, Technical Capabilities

Exigent President Dan Haurey says more acquisitions are likely because the pace of change in the industry demands that MSPs and cloud service providers have to change right along with it.

Two New Jersey-based IT services companies have joined forces.

Mount Arlington, N.J.-based Exigent Technologies acquired Morris County, N.J.-based Information Architects in a move that combined company President Dan Haurey said would give it a "competitive edge" with scale and technical capabilities.

The two companies will be integrated under the brand of Exigent Technologies, which has 18 years in business focusing on cloud and managed services.

[Related: NWN Driving Big Cloud VoIP Sales Growth By Beating Telecom Giants]

While Exigent already has a strong services and recurring revenue business, Haurey said the acquisition of Information Architects adds expertise in enterprise IT projects and higher-end infrastructure implementations. That addition will help "fill some gaps" in the company portfolio to better serve a broader range of client needs, he said.

"We really feel like it’s a match made in heaven. They get to plug into our best practices and we get to leverage and, frankly, secure some really high-end talent, especially when it comes to their leadership," Haurey said. "I think it gives us a competitive edge for sure," he said.

The entire Information Architects team will be joining Exigent, Haurey said, including senior leadership and technical engineering, support and operational teams. Founders Eric Burke and Frank Vizzuso will be joining the company as vice president of technology and vice president of sales, respectively.

’We’ve always admired Dan’s passion for the business and quickly learned that we share the same values,’ Vizzuso said in a statement. ’At the end of the day this is a huge win for all involved, especially our customers and associates.’

The integration of the two companies began at the beginning of the year, Haurey said, and is going "really fast and really smooth" due to compatible systems.

Haurey said one big benefit of the deal is helping give Exigent the scale it needs to compete in the market. "The scale is so important because it just allows us to do so much more now," he said.

Another benefit is having the breadth and depth of technical capabilities to distinguish Exigent against its competition in the New Jersey and New York regions. That scale is especially important as the pace of change in technology accelerates, he said.

"I think the industry is calling for that consolidation right now. It never gets easier to be in business. It always gets harder. There's so much change going on so MSPs and cloud service providers have to change so much and evolve so much in their business," Haurey said.

For that reason, Haurey said Exigent plans to continue to make acquisitions and is already evaluating multiple targets.

The end goal, Haurey said, is driving the company from $5 million today to $20 million company in five years. Haurey said he sees acquisitions as one key way to help Exigent hit that goal.

"We think it's totally attainable," Haurey said.

PUBLISHED FEB. 27, 2015

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