Blockbuster merger expands team and expertise, bringing more knowledge, services, and technical specialization to local growth-minded businesses nation-wide
MADISON, Wis. & DENVER–(BUSINESS WIRE)–Two of the IT channel’s top-performing, celebrated managed service providers (MSPs) – Applied Tech and Platte River Networks have partnered to become an MSP superpower serving businesses throughout Wisconsin, the Denver metropolitan area and across the U.S. Under the new alliance, Platte River Networks will adopt the Applied Tech brand in early 2023.
With combined annual revenue exceeding $34 million and a decade of year-over-year double-digit growth, Applied Tech’s leadership team, which now includes Platte River Networks’ executives, is proud to note key short and long-term gains for employees, customers, and prospects. These include:
- A more diverse team of 150 people located in 23 states working to secure, manage, and co-manage their clients’ IT infrastructure and staff.
- A broader and deeper reach into the SMB market nationwide with the support of key partners and vendors including Ingram Micro Inc., Microsoft, Dell, and Lenovo, among others.
- More than 100 talented technology engineers, specialists, and technicians.
- A dedicated, in-house cybersecurity team led by a Chief Security Officer (CSO).
Both companies have been serving the business IT needs of SMBs throughout Wisconsin and the Denver metro area, respectively, for more than 20 years. The combined talent of the two companies introduces greater specialization, technology expertise, and the resources needed to deliver an exceptional experience for growth-minded businesses both locally and nationally.
“It’s inspiring to see two regionally-focused MSP leaders come together to elevate the experience and business value they deliver to customers, business partners, and prospects nationwide,” says Kirk Robinson, Executive Vice President & President, North America, Ingram Micro. “We congratulate Platte River Networks on their proven success and give cheers to the continued achievements of the new and expanded team at Applied Tech.”
With the managed services market expected to exceed USD $730B by 2030, according to Grand View Research, Inc., Platte River Networks Co-Founders Brent Allshouse, CEO and Treve Suazo, Chief Visionary Officer call the timing of the merger “a perfect opportunity” for both companies and customers. “Bringing together Platte River Networks and Applied Tech creates an MSP superpower and a strategic IT powerhouse for our customers and partners.” As part of the merger, Allshouse and Suazo immediately joined Applied Tech’s Board of Directors.
“Platte River Networks is the right growth partner at the right time for Applied Tech,” says Daniel Petersen, President of Applied Tech. “The synergies between the two companies are easy to see and include a shared goal of delivering an exceptional experience for everyone – our customers, our staff, and our partners.”
Surveys show the 2022 Customer Satisfaction ratings for Applied Tech and Platte River Networks exceed 98%. Additionally, the two MSP organizations are celebrated among the top performing MSPs nationwide according to the IT channel’s leading publications including CRN, Channel Futures, and ChannelE2E. Both companies have continued to earn the title of Top Workplaces/Best Places to Work in their respective markets.
“This merger is a win for everyone,” notes David DeCamillis, who now serves as Vice President of Sales and Marketing for Applied Tech. “Our teams are working as one to successfully manage IT and cybersecurity for our clients and continue to serve our industry by sharing our expertise and experiences throughout the IT ecosystem.”