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[January 07, 2013]
Pinnacle Business Systems Buys St. Croix Solutions
Jan 07, 2013 (Close-Up Media via COMTEX) -- Pinnacle Business Systems, a privately owned technology solution provider and systems integrator, announced the acquisition of St. Croix Solutions, based in Minnetonka, Minnesota.
According to a release, the acquisition furthers the strategic expansion of Pinnacle's coverage and expertise in providing technology solutions.
Pinnacle provides IT solutions to companies across the Central and Southern U.S. This is the second acquisition for Pinnacle Business Systems following its 2004 purchase of The Kalos Group.
"This acquisition represents the best strategic move for both Pinnacle and St. Croix Solutions as it supports our combined strategic focus on enhancing services and solution offerings that drive growth and efficiencies for our customers," said Rob Anderson, CEO of Pinnacle Business Systems. "At a time that is crucial for economic recovery, we are confident that the combined company will increase our competitive advantage in products, consultative support and overall value to our customers." Pinnacle said it has invested significantly in strategic practice areas, such as Security and Networking, in recent years and that investment has been a big differentiator to Pinnacle's customers. "Our customers continue to ask us to invest in broader areas of IT and business solutions and these practices will have an immediate impact on St. Croix's customers," said Anderson.
Jennifer VanDerHorst-Larson, St. Croix Solution's former owner and CEO, stated, "St. Croix has a reputation for strong infrastructure expertise but the market was dictating that customers needed a end-to-end partner that could also address information security, data assurance and unified communications. I realized that our market would be best served by this collaboration of expertise and truly feel that Pinnacle Business Systems best fits our cultural integrity and commitment to the customer." Chris Perrault, St. Croix Vice President of Sales, adds, "Together, the companies combine their teams of certified, experienced professionals and advanced solution offerings. Providing end-to-end solutions that help organizations optimize their information technology investment and achieve business results will remain our most pressing objective." ((Comments on this story may be sent to firstname.lastname@example.org))
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