Coretelligent

New Partnership Positions Managed Service Provider for Next Phase of Growth

Westwood, Mass. – October 25, 2021— Coretelligent, a leading provider of comprehensive managed and co-managed white glove IT support, cybersecurity, backup and disaster recovery, and cloud services, has announced it has been acquired by Norwest Equity Partners (NEP), a leading middle market investment firm based in Minneapolis, Minnesota. The transaction closed on October 21, 2021; financial terms of the transaction were not disclosed. Previous investor, VSS Capital Partners (VSS), will participate in Coretelligent’s next phase of growth as a minority shareholder in the Company.

NEP has been investing in growing, profitable middle market companies that are leaders in their respective industries for more than 60 years. The firm’s prior history of investing in providers of IT services makes Coretelligent a natural addition to its investment portfolio. This new partnership will provide Coretelligent with valuable organic growth opportunities, as well as those realized through strategic acquisitions.

“It is with the utmost gratitude we thank VSS for their continued support for a successful partnership over the past 5 years. Their support has helped us build a robust, best-in-class offering in the fragmented MSP market,” said Kevin J. Routhier, President and CEO of Coretelligent. “At Coretelligent, we remain steadfastly committed to delivering robust, comprehensive solutions for our clients’ evolving technology and security needs. Partnering with NEP provides Coretelligent tremendous opportunity for continued scale and differentiation in an increasingly competitive market. Our collective alignment of core values, coupled with NEP’s incredible track record and industry expertise places Coretelligent in an optimal position as we embark on our next chapter.”

Tim DeVries, NEP Managing Partner, stated, “Coretelligent’s best-in-class service offering has created stellar client relationships along with a compelling growth profile. We are very excited to partner with Kevin and the rest of the Coretelligent management team to extend the Company’s leadership position in the attractive managed IT services market.”

Adam Garcia Eveloff, NEP Managing Director, echoed Mr. DeVries’s comments: “This is a great opportunity for NEP given our experience with IT services investments, successful M&A execution, and partnership with founders. Kevin has built an outstanding team, and it is well positioned to take Coretelligent to the next level. We are excited to be part of the next stage of growth.”

“We are proud of what we have accomplished during our partnership with CEO Kevin J. Routhier and his team at Coretelligent, which speaks to VSS’s ability to maximize the long-term value and success of our portfolio companies by working closely with management,” said Trent Hickman, Managing Director at VSS, who also previously served as Chairman of Coretelligent. “With Coretelligent, we identified an opportunity to invest in and build a truly differentiated platform company with unique technology and high-performance capabilities that serve a wide range of professional services clients in attractive, fast-growing end markets.”

Drake Star Partners advised Coretelligent on the transaction; Winston & Strawn, LLP was legal advisor to NEP; and Alliance Bernstein provided debt financing; Ropes advised VSS.

More information can be found on coretelligent.com and nep.com.

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About Coretelligent

Coretelligent is a leading provider of comprehensive managed IT, security, and unified cloud management services, enabling organizations to seamlessly power and successfully grow their businesses. Founded in 2006 and led by world-class experts, Coretelligent’s key White Glove services – Managed IT, Security and Compliance, Cloud Management and Backup and Disaster Recovery – are relied on by top-tier organizations in the financial services, life sciences, legal, and technology industries among others. Coretelligent’s headquarters is in Westwood, Mass., with strategic offices located nationally in New York City, Philadelphia, Atlanta, Stamford, Scarborough, and the San Francisco Bay area, and expanded support locations in Dallas, Los Angeles, Philadelphia, Tampa, Washington, DC, and West Palm Beach. For more information, please visit www.coretelligent.com or follow us on Twitter, Facebook & LinkedIn.

PRESS CONTACT FOR CORETELLIGENT:

Alexandra Newman
Vice President, Marketing
Coretelligent
(781) 247-4900
anewman@core.tech

CRN Triple Crown Winner

Westwood, MA, October 14, 2021 Coretelligent has been named a 2021 Triple Crown Award winner by CRN, a brand of The Channel Company. This award celebrates standout solution providers for the impressive accomplishment of being featured on three of CRN’s prestigious lists.

The Triple Crown Award has accredited unparalleled performance from top solution providers in North America based on revenue, growth, and technical expertise within the IT channel for eight consecutive years.

CRN Triple Crown Award winners are honored for earning a place on three elite lists in the same year, including the Solution Provider 500 list, a ranking of the largest IT solution providers by revenue in North America, the Fast Growth 150 list, a ranking of the fastest-growing organizations in the channel, and the Tech Elite 250 list, for having received the highest-level certifications from leading vendors in the industry. Making each list is truly an achievement but being named on all three lists in a single year highlights exceptional service and commands special recognition.

“It’s an honor to be recognized for our contribution to the managed service provider sector. Our goal-directed approach of being responsive, reliable, accountable, transparent, and passionate are significant drivers of our success,” shares Kevin J. Routhier, Founder, and CEO of Coretelligent.

“What an achievement to attain the Triple Crown Award — we are thrilled to congratulate these top solution providers who are leading the pack by revenue in North America, and whom have experienced more substantial growth this year than many other channel organizations while maintaining and building upon the technical skills that result in the highest level of service in the IT channel,” said Blaine Raddon, CEO of The Channel Company. “This award is the trifecta of honor, highlighting truly extraordinary solution providers who continue to go above and beyond in their contributions to the channel and to the future of the industry with their dedication and expertise.”

This year’s Triple Crown Award winners will be featured in the October 2021 issue of CRN and online at www.crn.com/triplecrown.

About Coretelligent

Coretelligent is a leading provider of comprehensive managed and co-managed IT support, cybersecurity, and cloud services. Our team of world-class experts provides top-tier organizations with the services they need to thrive in today’s digital economy. We’re proud to be one of the most awarded IT service providers in the nation. Providing complete IT support 24/7/365 days a year, our innovative proprietary technology solutions and full suite of security services ensure exceptional business performance, data protection, and security for our clients’ most sensitive information assets. Founded in 2006, the company has offices in Massachusetts, Maine, New York, Connecticut, Georgia, and California, with expanded support locations in Dallas, Los Angeles, Philadelphia, Tampa, Washington, DC, and West Palm Beach.

About The Channel Company

The Channel Company enables breakthrough IT channel performance with our dominant media, engaging events, expert consulting and education, and innovative marketing services and platforms. As the channel catalyst, we connect and empower technology suppliers, solution providers and end users. Backed by more than 30 years of unequalled channel experience, we draw from our deep knowledge to envision innovative new solutions for ever-evolving challenges in the technology marketplace. www.thechannelcompany.com

 Follow The Channel Company: Twitter, LinkedIn, and Facebook.

© 2021 The Channel Company, LLC. CRN is a registered trademark of The Channel Company, LLC. All rights reserved.

The Channel Company Contact:
Jennifer Hogan
The Channel Company
jhogan@thechannelcompany.com

CRN Fast Growth 150 List

Westwood, MA, August 9, 2021 — CRN®, a brand of The Channel Company®, has named Coretelligent to its 2021 Fast Growth 150 list. With this list, CRN recognizes the fastest-growing North American technology integrators, solution providers, and IT consultants for their significant growth and meaningful performance over the previous two years.

“At Coretelligent, we combine our superlative white-glove service with industry leading solutions to support our clients’ technology needs,” shares Kevin J. Routhier, Founder and CEO of Coretelligent. “Additionally, with continuous advancements and innovation we offer clients the latest, cutting-edge solutions they need to be competitive.”

To maintain the highest levels of growth, IT solution providers constantly need to evolve and keep ahead of groundbreaking changes within the marketplace. Being included in the 2021 Fast Growth 150 list acknowledges Coretelligent’s exceptional accomplishments and ongoing dedication to success.

“In today’s unpredictable world, the pace of change within the IT channel is happening at breakneck speed. CRN’s 2021 Fast Growth 150 list highlights industry-leading companies within the IT channel and their ability to outpace an ever-evolving market,” said Blaine Raddon, CEO of The Channel Company. “The prominent companies on this year’s list serves as an inspiration, setting an admirable level of excellence for their peers to follow. We are thrilled to honor these industry-leading professionals and wish them continued success for the foreseeable future.”

A sampling of the 2021 Fast Growth 150 list will be featured in the August issue of CRN Magazine. The complete can be viewed online at www.crn.com/fastgrowth150.

About Coretelligent

Coretelligent is a leading provider of comprehensive managed and co-managed IT support, cybersecurity, and cloud services. Our team of world-class experts provides top-tier organizations with the services they need to thrive in today’s digital economy. We’re proud to be one of the most awarded IT service providers in the nation. Providing complete IT support 24/7/365 days a year, our innovative proprietary technology solutions and full suite of security services ensure exceptional business performance, data protection, and security for our clients’ most sensitive information assets. Founded in 2006, the company has offices in Massachusetts, Maine, New York, Connecticut, Georgia, and California, with expanded support locations in Dallas, Los Angeles, Philadelphia, Tampa, Washington, DC, and West Palm Beach.

Coretelligent Media Contact

Alexandra Newman

Director of Marketing

anewman@core.tech

About The Channel Company

The Channel Company enables breakthrough IT channel performance with our dominant media, engaging events, expert consulting and education, and innovative marketing services and platforms. As the channel catalyst, we connect and empower technology suppliers, solution providers, and end users. Backed by more than 30 years of unequalled channel experience, we draw from our deep knowledge to envision innovative new solutions for ever-evolving challenges in the technology marketplace. www.thechannelcompany.com

Follow The Channel Company: Twitter, LinkedIn, and Facebook.

© 2021 The Channel Company, LLC. CRN is a registered trademark of The Channel Company, LLC. All rights reserved.

The Channel Company Contact:

Jennifer Hogan

The Channel Company

jhogan@thechannelcompany.com

 

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Coretelligent Ranked on Channel Futures MSP 501

Westwood, MA, July 15, 2021 – Coretelligent has been named as one of the world’s premier managed service providers in the prestigious 2021 Channel Futures MSP 501 rankings.

Coretelligent has been selected as one of the technology industry’s top-performing providers of managed services by the editors of Channel Futures. For the past 15 years, MSPs from around the globe have submitted applications to be included on this prestigious and definitive listing. The Channel Futures MSP 501 survey examines organizational performance based on annual sales, recurring revenue, profit margins, revenue mix, growth opportunities, innovation, technology solutions supported, and company and customer demographics.

Managed services providers that qualify for the list must pass a rigorous review conducted by the research team and editors of Channel Futures that rank applicants using a unique methodology that weighs financial performance according to long-term health and viability, commitment to recurring revenue and operational efficiency.

“We are honored to be included on the Channel Futures MSP 501 list,” said Kevin J. Routhier, President, Founder, and CEO of Coretelligent. “Coretelligent was founded on the belief that a commitment to our clients’ success through collaboration, communication, and white-glove service will lead to shared success. The practice of these values has made our continued growth and innovation possible.”

Coretelligent provides clients with IT management services including remote and on-site support, cybersecurity and compliance solutions, and cloud management. Specializing in supporting organizations in the financial services, life sciences, as well as other sectors, nationwide. Coretelligent’s goal is to create positive, strong relationships with each individual client while implementing an innovative and customized IT strategy with the organization’s needs front of mind.

“The 2021 Channel Futures MSP 501 winners are the highest-performing and most innovative IT providers in the industry today. They stand head and shoulders above the competition,” said Robert DeMarzo, vice president of content for the Channel Futures and Channel Partners Conference & Expo division of Informa Tech Channels.

The complete 2021 MSP 501 list is available on Channel Futures’ website.

About Coretelligent

Coretelligent is a leading provider of comprehensive managed and co-managed IT support, cybersecurity, and cloud services. Our team of world-class experts provides top-tier organizations with the services they need to thrive in today’s digital economy. We’re proud to be one of the most awarded IT service providers in the nation. Providing complete IT support 24/7/365 days a year, our innovative proprietary technology solutions and full suite of security services ensure exceptional business performance, data protection and security for our clients’ most sensitive information assets. Founded in 2006, the company has offices in Massachusetts, Maine, New York, Connecticut, Georgia, and California with expanded support locations in Dallas, Los Angeles, Philadelphia, Tampa, Washington, DC, and West Palm Beach.

Coretelligent Media Contact

Alexandra Newman, Director of Marketing

anewman@core.tech

About Channel Futures

Channel Futures is a media and events platform serving companies in the IT channel industry with insights, industry analysis, peer engagement, business information and in-person events. Our properties include Channel Futures MSP 501, recognizing the most influential and fastest-growing providers of managed services in the technology industry, Channel Futures DEI 101, honoring and celebrating those who have often been under-represented in tech channels; Channel Futures is part of Informa Tech, a market-leading B2B information provider with depth and specialization in the Information and Communications (ICT) Technology sector. More information is available at channelfutures.com.

 Channel Futures Media Contacts
Ginette Andre, Associate Marketer, VIP Relations

ginette.andre@informa.com

Allison Francis, Editor, Channel Futures and MSP 501

allison.francis@informa.com

Boston, MA (April 13, 2021) — The Boston Business Journal has named Coretelligent to its exclusive 2021 Fast 50 list for the sixth consecutive year, which represent the 50 fastest-growing private companies in Massachusetts. The Fast 50 companies are selected and ranked based on a formula that counts revenue growth from 2017 to 2020.

“We are honored to receive the Fast 50 recognition from the Boston Business Journal for the sixth year in a row,” said Kevin J. Routhier, President, Founder, and CEO of Coretelligent. “Coretelligent was founded on the principles of differentiating ourselves with our white-glove service and empowering our staff. These two principles have paid dividends to our success and growth throughout the years.”

The numbers were crunched and analyzed by the Business Journal’s research department.

“The economic shutdown sent a lot of companies’ strategies and financials into uncharted territory in 2020, but as the Fast 50 illustrates, Greater Boston’s fastest-growth companies pivoted and prospered despite it all,” Carolyn M. Jones, market president and publisher of the Boston Business Journal.

A Fast 50 special publication is scheduled to run in the May 21 weekly edition of the Business Journal and online that week as well. A private virtual honoree celebration to honor this year’s Fast 50 is scheduled to be held on Wednesday, May 19, where the rankings will be released.

Companies on the Fast 50 must have their headquarters in Massachusetts and must have reported revenue of at least $500,000 in 2017 and $1 million in 2020 were considered. (Unlike in past years, due to the pandemic, companies were not disqualified from the ranking if they experienced a net loss during one of the years analyzed, provided growth from 2017 to 2020 was positive.)

For the complete list of 2021 Fast 50 companies, visit the BBJ’s website here.

 

About Coretelligent

Coretelligent is a leading provider of comprehensive managed IT, security, and cloud services, enabling organizations to seamlessly power and successfully grow their businesses. Founded in 2006 and led by world-class experts, Coretelligent’s key white glove services – Managed IT, security and compliance, cloud management, and backup and disaster recovery – are relied on by top-tier organizations in the financial services, life sciences, legal, and technology industries, among others. The organization is recognized as leaders by the Boston Business Journal, CRN, Inc., MSPmentor, and the U.S. Chamber of Commerce. Coretelligent’s headquarters are located in Westwood, Mass., with strategic offices located nationally in New York City, Philadelphia, Atlanta, and the San Francisco Bay Area. For more information, please visit https://www.coretelligent.com/ or follow us on Twitter, Facebook, and LinkedIn.

 

About the Boston Business Journal

The Boston Business Journal is the region’s premier business media organization, one of 43 markets owned by American City Business Journals. For marketing and sponsorship opportunities, contact the Business Journal today.

Westwood, Mass., March 22, 2021 — Coretelligent announced that CRN®, a brand of The Channel Company, will honor Coretelligent on its 2021 Tech Elite 250 list. This annual list features IT solution providers of all sizes in North America that have earned cutting-edge technical certifications from leading technology suppliers. These companies have separated themselves from the pack as top solution providers, earning multiple, premier IT certifications, specializations, and partner program designations from industry-leading technology providers.

Businesses rely on solution providers for an enormous amount of technologies, services, and expertise to help them meet today’s IT challenges — whether it’s a new implementation or digital transformation initiatives. To meet these demands, solution providers and MSPs must maintain high levels of training and certification from IT vendors and achieve the highest tiers within those vendors’ partner programs.

Each year, The Channel Company’s research group and CRN editors distinguish the most client-driven technical certifications in the North American IT channel. Solution providers that have earned these high honors — enabling them to deliver exclusive products, services, and customer support — are then selected from a pool of online applicants as well as from The Channel Company’s solution provider database.

“To be recognized on CRN’s coveted Tech Elite 250 list is an honor,” said Kevin J. Routhier, Coretelligent President, Founder, and CEO. “Providing superior service to our clients through innovative solutions, strategic guidance, and superior white glove service, continues to be our focus.”

Coretelligent services organizations in the financial services, life sciences, and other industries nationwide. The MSP offers award-winning, industry-specific solutions including cybersecurity and compliance, cloud management, IT support, and more. Coretelligent’s goal is to create positive, strong relationships with each individual client to deliver a superior experience.

“CRN’s Tech Elite 250 list highlights the top solution providers in the IT channel with the most in-depth technical knowledge, expertise, and certifications for providing the best level of service for their customers,” said Blaine Raddon, CEO of The Channel Company. “These solution providers have continued to extend their talents and abilities across various technologies and IT practices, demonstrating their commitment to really conveying the most exceptional business value to their customers.”

Coverage of the Tech Elite 250 will be featured in the April issue of CRN® Magazine and online at www.CRN.com/techelite250.

About Coretelligent

Coretelligent is a leading provider of comprehensive managed IT, security, and cloud services, enabling organizations to seamlessly power and successfully grow their businesses. Founded in 2006 and led by world-class experts, Coretelligent’s key white glove services – Managed IT, security and compliance, cloud management, and backup and disaster recovery – are relied on by top-tier organizations in the financial services, life sciences, legal, and technology industries, among others. The organization is recognized as leaders by the Boston Business Journal, CRN, Inc., MSPmentor, and the U.S. Chamber of Commerce. Coretelligent’s headquarters are located in Westwood, Mass., with strategic offices located nationally in New York City, Philadelphia, Atlanta, and the San Francisco Bay Area. For more information, please visit https://www.coretelligent.com/ or follow us on Twitter, Facebook, and LinkedIn.

About The Channel Company

The Channel Company enables breakthrough IT channel performance with our dominant media, engaging events, expert consulting and education, and innovative marketing services and platforms. As the channel catalyst, we connect and empower technology suppliers, solution providers, and end users. Backed by more than 30 years of unequalled channel experience, we draw from our deep knowledge to envision innovative new solutions for ever-evolving challenges in the technology marketplace. www.thechannelcompany.com

Follow The Channel Company: Twitter, LinkedIn, and Facebook.

© 2021. CRN is a registered trademark of The Channel Company, LLC. All rights reserved.

The Channel Company Contact:

Jennifer Hogan

The Channel Company

jhogan@thechannelcompany.com

 

Westwood, Mass. – February 22, 2021 – Coretelligent’s President, Founder, and CEO Kevin J. Routhier was just appointed to his Alma Matter’s Board of Trustees. Routhier earned his BSBA in business administration and computer science in 1999 from Merrimack College in North Andover, Mass. Since, he has continued to show his dedication to all clients by ensuring they are maximizing their IT investments. This appointment is a testament to his generous spirit as he supports impactful organizations within the community.

Merrimack College is one of the fastest-growing educational institutions in the U.S. The college prides itself on preparing all students for the world beyond and offers over 100 undergraduate and graduate programs.

“To be recognized this way by my alma matter, Merrimack College, is an incredible honor,” said Routhier. “Coretelligent places the core needs of our clients first, just as Merrimack College for its students, and we share a passion for providing the best possible experience. I am looking forward to partnering with other board members to develop strategies and proactive measures to benefit all Merrimack students and drive continued growth for the institution.”

Before founding Coretelligent in 2006, Kevin J. Routhier held senior positions where he focused on implementation of efficient IT infrastructure and solutions. As President and CEO, he is committed to helping Coretelligent clients improve their business processes and enhance their cybersecurity by managing an expert team and leading the strategic development of practical, comprehensive IT solutions.

Routhier has been named a Boston Business Journal 40 under 40 Leader and leads Coretelligent in receiving numerous awards under his leadership, including Boston Business Journal’s Fast 50 and Inc.’s 5000 fastest-growing company. He also serves on the Board of Directors for Big Brothers Big Sisters of Eastern Massachusetts.

“Merrimack College is excited to welcome Kevin J. Routhier to our board,” said President Christopher E. Hopey, Ph.D., “Kevin brings diverse and relevant expertise to Merrimack, as well as a genuine passion for the College and its students. His leadership will be of great value as we enter the next phase of our strategic plan aimed at providing the best possible experience for our students.”

 

About Coretelligent

Coretelligent is a leading provider of comprehensive managed IT, security, and cloud services, enabling organizations to seamlessly power and successfully grow their businesses. Founded in 2006 and led by world-class experts, Coretelligent’s key white glove services – Managed IT, Security and Compliance, Cloud Management, and Backup and Disaster Recovery – are relied on by top-tier organizations in the financial services, life sciences, legal, and technology industries, among others. The organization is recognized as leaders by the Boston Business Journal, CRN, Inc., MSPmentor, and the U.S. Chamber of Commerce. Coretelligent’s headquarters are located in Westwood, Mass., with strategic offices located nationally in New York City, Philadelphia, Atlanta, and the San Francisco Bay Area. For more information, please visit www.coretelligent.com or follow us on Twitter, Facebook, and LinkedIn.

 

About Merrimack College

The only Catholic Augustinian college in New England, Merrimack College is an independent, coeducational institution with nearly 5,500 undergraduates, continuing education and graduate students from 34 states and 36 countries, comprising schools of liberal arts, science and engineering, health sciences, education and social policy, and business. The college’s 220-acre campus is situated approximately 25 miles north of Boston in North Andover and Andover, Massachusetts. Accredited by the New England Commission of Higher Education, Merrimack is a Master’s Colleges & Universities/Medium Programs institution in the Carnegie Classification of Institutions of Higher Education, a top-50 Regional University/North in U.S. News, and a top-10 Most Transformative institution in Money Magazine.

Westwood, Mass., February 16, 2021 – Coretelligent announced today that CRN®, a brand of The Channel Company, has named Coretelligent to its 2021 Managed Service Provider (MSP) 500 list in the Elite 150 category. The list, released annually, recognizes the leading North American solution providers that have demonstrated innovative and forward-thinking approaches to managed services. These services help end users improve operational efficiencies and navigate the ongoing complexities of IT solutions, while maximizing their return on IT investments.

With cutting-edge approaches to delivering managed services, MSPs have become an integral part of the success of businesses worldwide. They help empower organizations to leverage complex technologies, keeping a strict focus on their core business without straining their budgets. CRN’s 2021 MSP 500 list identifies the market’s key managed services players who are setting themselves apart with best-of-breed solutions that provide the business outcomes customers need.

The MSP 500 list is divided into three sections: the MSP Pioneer 250, recognizing companies with business models weighted toward managed services and largely focused on the SMB market; the MSP Elite 150, recognizing large, data center-focused MSPs with a strong mix of on-premises and off-premises services; and the Managed Security 100, recognizing MSPs focused primarily on off-premises and cloud-based security services.

“Our commitment to security, training, and excellence are key contributors to our rapid growth and expansion,” said Kevin J. Routhier, President, Founder, and CEO of Coretelligent. “Being named to CRN’s 2021 Managed Service Provider (MSP) 500 List in the Elite 150 for the fifth consecutive year is a testament to our continuous focus on our customers’ success.”

Coretelligent provides their clients with IT management services including remote and on-site support, cybersecurity and compliance solutions, and cloud management. This solution provider offers their award-winning solutions to organizations in the financial services, life sciences, and other industries nationwide. Coretelligent’s goal is to create positive, strong relationships with each individual client while implementing a customized IT strategy with the organization’s needs front of mind.

“Effective MSPs enable companies to focus on their core objectives while improving the quality and reliability of their cloud computing capabilities,” said Blaine Raddon, CEO of The Channel Company. “The solution providers on CRN’s 2021 MSP 500 list deserve recognition for their innovative and forward-thinking approaches to managed services, and the ability to optimize operational efficiencies and systems to maximize return on investments.”

CRN’s complete 2021 Solution Provider 500 list is available online and a sample of the list will be featured in the February issue of CRN Magazine.

About Coretelligent

Coretelligent is a leading provider of comprehensive managed IT, security, and cloud services, enabling organizations to seamlessly power and successfully grow their businesses. Founded in 2006 and led by world-class experts, Coretelligent’s key white glove services – Managed IT, Security and Compliance, Cloud Management, and Backup and Disaster Recovery – are relied on by top-tier organizations in the financial services, life sciences, legal, and technology industries, among others. The organization is recognized as leaders by the Boston Business Journal, CRN, Inc., MSPmentor, and the U.S. Chamber of Commerce. Coretelligent’s headquarters are located in Westwood, Mass., with strategic offices located nationally in New York City, Philadelphia, Atlanta, and the San Francisco Bay Area. For more information, please visit https://www.coretelligent.com/ or follow us on Twitter, Facebook, and LinkedIn.

About the Channel Company

The Channel Company enables breakthrough IT channel performance with our dominant media, engaging events, expert consulting and education, and innovative marketing services and platforms. As the channel catalyst, we connect and empower technology suppliers, solution providers, and end users. Backed by more than 30 years of unequalled channel experience, we draw from our deep knowledge to envision innovative new solutions for ever-evolving challenges in the technology marketplace.

Follow the Channel Company: Twitter, LinkedIn, and Facebook

Copyright ©2021. CRN is a registered trademark of the Channel Company, LLC. All rights reserved.

The Channel Company Contact:

Jennifer Hogan

The Channel Company

jhogan@thechannelcompany.com

Westwood, Mass. – November 4, 2020 — Coretelligent, a leading provider of comprehensive managed IT, security and unified cloud management services, and a portfolio company of VSS Capital Partners (“VSS”), a private investment firm, today jointly announced the acquisition of managed services IT firm Soundshore Technology Group. Financial terms of the private transaction were not disclosed.

Soundshore Technology Group (STG) brings over 22 years of experience supporting alternative investment firms in Connecticut, New York City and Los Angeles. STG acts as the managed service provider for over 70 hedge funds, private equity/VCs, RIA firms and Family Offices nationwide.

“We’re delighted to welcome the Soundshore team and their world-class clientele to the Coretelligent family. The shared commitment to delivering a superlative IT experience to our collective clients made bringing the two firms together a natural decision,” said Coretelligent Founder, President, and CEO, Kevin J. Routhier. “The acquisition of STG greatly complements and further strengthens Coretelligent’s iron-clad platform and unparalleled expertise in the Financial Services Sector.”

The acquisition brings the two organizations collectively under the name Coretelligent, resulting in an expanded base of over 200 full-time employees, and over 500 clients nationwide.

“With our acquisition through Coretelligent, we’ll be able to provide our client base enhanced solutions and offerings, strengthening the combined companies’ positioning for future success,” stated Eric Benda, Managing Partner, Soundshore. “We’re confident Coretelligent’s White Glove approach will bolster our successes within the financial services vertical and beyond.”

“Soundshore’s focus of serving the financial services vertical industry aligns naturally with Coretelligent’s client portfolio,” said Trent Hickman, Managing Director, VSS. “This acquisition further exemplifies VSS’s focus of investing and building value by leveraging suitable growth opportunities that are additive to the platform company. We are thrilled to see Coretelligent’s significant growth through expansion over the past 18 months, and are looking forward to building on to to-date successes.”

VSS has substantial experience investing in lower middle-market companies, including information technology businesses where the firm’s flexible capital approach to investing can be used to support growth through strategic acquisitions and other transactions. VSS invested in Coretelligent in October 2016. The acquisition of Soundshore marks Coretelligent’s third acquisition in the past 18 months, having previously acquired United Technology Group, LLC., out of Atlanta, and SoundView IT Solutions, LLC., out of Stamford, CT.

 

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About Coretelligent

Coretelligent is a leading provider of comprehensive managed IT, security, and unified cloud management services, enabling organizations to seamlessly power and successfully grow their businesses. Founded in 2006 and led by world-class experts, Coretelligent’s key White Glove services – Managed IT, Security and Compliance, Cloud Management and Backup and Disaster Recovery – are relied on by top-tier organizations in the financial services, life sciences, legal, and technology industries among others. The organization is recognized as leaders by the Boston Business Journal, CRN, Inc., MSPmentor, and the U.S. Chamber of Commerce. Coretelligent’s headquarters are located in Westwood, Mass., with strategic offices located nationally in New York City, Philadelphia, Atlanta, Stamford, Scarborough, and the San Francisco Bay area. For more information, please visit www.coretelligent.com or follow us on Twitter, Facebook & LinkedIn.

About VSS

VSS is a private investment firm that invests in the information, education, healthcare, and tech-enabled business services industries. Headquartered in New York, VSS provides capital for growth financings, recapitalizations, strategic acquisitions, and buyouts to lower middle-market companies and management teams with the goal of building companies organically as well as through a focused add-on acquisition program. VSS makes privately-negotiated investments across the capital structure and invests in situations requiring control or non-control equity, mezzanine securities, and structured equity securities. VSS has over three decades of experience, made investments in 88 portfolio, with over 350 add-on acquisitions, and manages $3.5 billion in aggregate committed capital across 7 funds. For more information, please visit www.vss.com.

About Soundshore Technology Group

Soundshore Technology Group is a leading provider of IT services to hedge funds, private equity and other alternative investment firms. Founded in 1998, STG has spent over 17 years providing financial services companies IT Consulting and Solutions. Headquartered in Stamford, CT, with additional offices in New York City, Los Angeles and San Francisco, Soundshore is uniquely situated to consult and implement all facets of the unique demands of their customer’s technology. Visit www.soundshore.net for more information.

 

Coretelligent is recognized as a 2020 CRN Triple Crown Award Winner

Westwood, Massachusetts, October 12, 2020 – Coretelligent announced that CRN®, a brand of The Channel Company, has recognized Coretelligent as a 2020 Triple Crown Award winner.

CRN Triple Crown Award winners are among the largest IT solution providers in North America from a revenue standpoint on the Solution Provider 500 list, while ranking as one of the fastest-growing organizations in the channel with recognition on the Fast Growth 150 list, and have received the highest-level certifications from leading vendors on the Tech Elite 250 list. While it is an impressive accomplishment for a solution provider to earn a spot on any of these elite lists, being named to all three in the same year is a great honor that should receive special acknowledgement and celebration.

Kevin Routhier, Founder and CEO of Coretelligent states: “It’s humbling to receive the Triple Crown Award during these unprecedented times. Coretelligent fosters a culture of learning and growth for our team members. This environment and their dedication allow us to be strategic and trusted advisors to our clients. Our rapid growth and ranking among top IT solution providers is a testament to our clients finding value in our relationship and the high level of service we provide.”

For the seventh year, the Triple Crown Award recognizes solution providers that hold themselves to the highest standard in the IT channel. It is awarded to the top solution providers in North America based on revenue, growth, and technical expertise.

“Triple Crown Award winners have attained the ultimate achievement — the trifecta — they are among the top solution providers in North America by revenue, have seen more substantial growth than many of their peers over the past year, and continue to establish and build upon the technical skills that help them provide customers with the highest level of service in the IT channel,” said Blaine Raddon, CEO of The Channel Company. “We are honored to award these solution providers the Triple Crown Award for their expertise and exceptional contributions to the channel, and we are excited to see where they go from here.”

This year’s Triple Crown Award winners will be featured in the October issue of CRN Magazine — they can also be found online at www.crn.com/triplecrown.

About Coretelligent

Coretelligent is a leading provider of comprehensive managed IT, security, and cloud services, enabling organizations to seamlessly power and successfully grow their businesses. Founded in 2006 and led by world-class experts, Coretelligent’s key White Glove services – Managed IT, Security and Compliance, Cloud Management and Backup and Disaster Recovery – are relied on by top-tier organizations in the financial services, life sciences, legal, and technology industries among others. The organization is recognized as a leader by the Boston Business Journal, CRN, Inc., MSPmentor, and the U.S. Chamber of Commerce. Coretelligent’s headquarters are located in Westwood, Mass., with strategic offices located nationally in New York City, Philadelphia, Atlanta, Stamford, Scarborough, and the San Francisco Bay area. For more information, please visit https://www.coretelligent.com/ or follow us on Twitter, Facebook & LinkedIn

About The Channel Company®

The Channel Company® enables breakthrough IT channel performance with our dominant media, engaging events, expert consulting and education, and innovative marketing services and platforms. As the channel catalyst, we connect and empower technology suppliers, solution providers, and end users. Backed by more than 30 years of unequaled channel experience, we draw from our deep knowledge to envision innovative new solutions for ever-evolving challenges in the technology marketplace. www.thechannelcompany.com

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The Channel Company® Contact:
Natalie Demers
The Channel Company®
ndemers@thechannelcompany.com

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