Charleston, SC – November 8, 2022. Cantey Tech Consulting, a leading IT managed service provider (“MSP”) for small and mid-sized businesses in the southeast United States, has acquired Palindrome Consulting, a Hollywood, Florida-based provider of IT managed services. Palindrome’s team, including founder and President Ilan Sredni, have joined Cantey Tech.
The combination of the two companies provides Palindrome’s clients with additional service capabilities and more resources, while they will retain the local service that they have come to expect. The transaction also allows Cantey Tech to expand into Florida, consistent with its strategy of growing throughout the southeast.
“We are delighted to partner with the Palindrome team, which has provided its clients with high levels of service for more than 20 years,” said Willis Cantey, Cantey Tech’s President. “Cantey Tech is excited about our initial entry into Florida through this partnership and we look forward to further expansion in the state with devoted resources to achieve this growth.”
Palindrome founder and President, Ilan Sredni, noted, “In an increasingly complex IT environment, partnering with Cantey Tech allows us to offer our clients additional services and solutions, while continuing to provide them with top notch support and advice. The Cantey Tech team was great to work with during the transaction, and they delivered on the promised timeline and terms.”
Cantey Tech provides a broad offering of IT managed services, including IT consulting services, help desk support, data security, cloud management, backup and disaster recovery, hosting, application support and vendor management. The company is based in Charleston, South Carolina with team members across the United States and leverages its local focus and presence to provide a high level of responsive support to small and mid-sized businesses across a wide range of industries. Cantey Tech’s team, including its Virtual CIOs, takes the time to carefully understand each client’s business goals and objectives, then develops a customized technology plan and budget to maximize their success. Cantey Tech has made the Inc. 5000 list of the fastest-growing private companies in America in nine of the last ten years, was recognized as a Best Places To Work In South Carolina, is listed in the Next Gen 250 MSP by CRN Magazine, and recently was recognized as the #54 MSP by Channel Futures Magazine.
FOCUS Investment Banking, a national middle market investment banking firm, represented Cantey Tech in this transaction.
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