From The Expert Feature Article
November 02, 2015

Wheelings & Dealings: Sverica Capital Acquires MSP Synoptek as Company Prepares for Growth

California MSP Synoptek, which specializes in cloud hosting, disaster recovery and more, has been acquired by Sverica Capital Management. The move follows Synoptek’s plans for aggressive growth as well as additional acquisitions to build out the company’s reach and strengthen its brand.

Synoptek offers a variety of managed services, including help desk support, consulting and project management. The company also plans, builds, monitors and operates a variety of complex IT infrastructure for its clients throughout the U.S., including on premises architectures as well as cloud-based ones. Synoptek is currently headquartered in Irvine and has offices in Denver, Sacramento, San Francisco and Boise.

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“Our partnership with Sverica will enable us to continue to execute our aggressive plans for acquisitive and organic growth as we strive to become the leading branded IT managed services provider in the country," said Tim Britt, CEO of Synoptek. "Ultimately our customers have better IT capabilities and services by leveraging Synoptek's shared IT services such as cloud computing infrastructure, network management services, security services and help desk services.”

The announcement with Sverica follows two acquisitions for Synoptek earlier in the year. In February, the company acquired cloud hosting provider Pay Per Cloud, which specializes in high-availability cloud solutions and managed IT services. In January, Synoptek scooped up Rocket Science Consulting, an MSP and consulting services provider. That move was designed to expand the depth and breadth of service offerings for Synoptek while also expanding the company’s customer base and geographic footprint.

In August, Synoptek announced a significant partnership with the California State Association of Counties. The MSP is providing IT infrastructure management services to the organization, which represents California’s 58 counties at the state and federal levels. Synoptek is additionally providing managed IT infrastructure services to the organization, including 24x7 help desk support, managed cloud hosting, disaster recovery and virtual CIO services.

Edited by Kyle Piscioniere