Technology consulting firm Bridgepointe Technologies has acquired technology lifecycle management firm Cannon Group. Financial terms of the deal were not disclosed.
This is the 871st technology M&A deal covered by ChannelE2E so far in 2022. See more than 2,000 technology M&A transactions involving MSPs, MSSPs and IT service providers listed here.
Bridgepoint acquires Cannon Group
Bridgepointe Technologies was founded in 2002 and is headquartered in San Mateo, California. The company lists 133 employees on LinkedIn. Bridgepointe’s areas of expertise include WAN Networks, MPLS, VPLS, PTP, Cloud Services, Data Center and Colocation, Voice Circuits and Voice Networks, Managed PBX/Cloud UC, Ethernet Services, Mobility and Collaboration Services, International Services, Internet and Bandwidth Services , Unified Communications and UCaaS.
The Cannon Group was founded in 1996 and is headquartered in Blue Bell, Pennsylvania. The company lists 52 employees on LinkedIn. Cannon Group’s areas of expertise include implementation oversight, IP telephony outsourcing and management, cloud computing, expense management, business consulting, IT managed services, project management and network connectivity.
The companies said the addition of Cannon’s professional services team will help Bridgepointe accelerate its growth plans and expand the combined company’s geographic reach into the Mid-Atlantic and Midwest U.S. Cannon Group will operate under the Bridgepointe brand and its team of 50 employees will continue to provide value-added professional services to clients, the companies said. Cannon Group founder Chris Cannon will join the Bridgepointe team as Managing Director of Lifecycle Services.
Bridgepointe Acquires Cannon Group: An Executive View
Bridgepointe Chief Strategy Officer Scott Kinka commented on the news:
“Cannon Group has a reputation second to none in the industry and we are delighted to have them join us. Chris and the entire team will be a valuable asset to our clients and our company. Cannon Group will allow us to bring our services to life during this unprecedented time of technological transformation Expanding from connecting our customers to the right technology solution to assisting with the installation and ongoing management of the technology suite.”
Chris Cannon, CEO of Cannon Group, added:
“Bridgepointe offers unparalleled opportunities for our clients and our teams. With Bridgepointe’s extensive resources, we will be able to continuously improve the client experience for which we are known and create operational efficiencies that benefit everyone. Their commitment to clients, and Building a world-class team and tools is the perfect match.”