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Press releases > Generational Equity Announces the Sale of Absolute Computer Solutions, Inc. to Alliance Technologies, Inc.

Generational Equity Announces the Sale of Absolute Computer Solutions, Inc. to Alliance Technologies, Inc.

By Generational Equity

Oct 28, 2014, 04:00 et

ACS

Generational Equity, a leading mergers and acquisitions advisor for privately-held, middle-market businesses, is pleased to announce the sale of its client, Absolute Computer Solutions, Inc. (ACS) to Alliance Technologies, Inc. (Alliance), a member of the Iowa Network Services (INS) family of Companies. 

The transaction closed on October 7, 2014, and was led by Vice President, Musa Jagneand Managing Director, Michael Goss from the firm's Dallas, Texas headquarters. Terms of the transaction were not disclosed.

Since 1993, ACS has been a leading supplier of technology solutions including proactive network security; computer hardware acquisition, installation, upgrades and repair; network maintenance and network administration.

Headquartered in Merriam, Kansas, ACS specializes in providing managed service information technology (IT) services for a variety of industries, including healthcare and aviation.

"Despite interest from several parties and a number of options to choose from, Alliance was a perfect fit with what ACS was seeking. At the same time, ACS was directly in line with Alliance's growth strategy," said Musa Jagne of Generational Equity.

"This acquisition is a great fit for all companies. It allows each company to tap into additional expertise and resources ultimately offering customers a more comprehensive and diverse array of products and know-how," commented Alliance Technologies President Steve Sikkink.

"This also aligns with our organizational vision to expand our markets and offer a more robust back-office product mix to meet the growing needs of our customers."

Dennis Strumberger, owner of ACS, added, "We have long admired Alliance from afar, so to be able to combine our businesses and give our customers access to the expanded service offerings and unparalleled expertise and resources that Alliance and the INS Family of Companies offers, without sacrificing our vision or values, is extremely exciting."

Alliance covers all spectrums of technology, with a focus on trust and dependability, something that speaks to our core values as well. We are proud to align ourselves with an award-winning company whose dedication to connecting their customers with reliable solutions is always the top priority."

About Alliance Technologies

Alliance Technologies, a member of the INS Family of Companies, is a full-service information technology (IT) provider established in 1994.

Alliance Technologies covers a full spectrum of technology including networking, storage, virtualization, hosting, security, software development and database design, website development, phone systems, help desk support and IT staffing and recruiting.

Alliance Technologies also helps manage a state-of-the-art data center facility providing colocation and virtual server hosting for businesses.

By providing a broad range of services, Alliance Technologies offers an unrivaled suite of solutions to companies within numerous industries. For more information, visit www.AllianceTechnologies.net.

About Iowa Network Services

Iowa Network Services (INS) Family of Companies is the only Iowa-owned and based company that offers carrier-class voice, data and business services. INS is privately owned by a group of 122 Iowa Independent Telecommunications Companies that has served rural Iowans since 1989.

Telephony, core network transport, Internet, dedicated fiber, Internet Protocol video, data center facilities, network management, technical support services, information technology and HR outsourcing are among the many products and services offered to communications companies and enterprise businesses nationwide.

The INS Family of Companies includes Alliance Technologies Inc., an information technology company; Alliance Connect, a statewide competitive local exchange carrier; Caleris Inc., an Iowa-based company offering outsourced call center solutions and other services; and Merit Resources, a Professional Employer Organization.

INS is also affiliated with iWireless, a statewide cellular partner with T-Mobile. For more information, visit www.INSFamilyofCompanies.com

About Generational Equity

Generational Equity provides mergers, acquisitions, strategic growth advisory services, and information for privately held and family-owned businesses to exit their companies successfully.

Generational Equity uses a four-phase approach that includes educationfinancial analysis and reporting, sales documentation and deal-making ability to offer business owners an unparalleled level of commitment and experience, all focused on helping to release the generational equity and wealth in every business. 

Generational Equity is headquartered in Dallas, TX, has more than 200 professionals in North America, and was recently recognized by the M&A Advisor as the M&A Consulting Firm of the Year.

For more information visit the following websites at www.genequityco.comwww.gecpress.com or http://blog.genequityco.com/.

The help you provided us during each step of this process made us feel very comfortable and confident we were selecting the right approach to transition our Company.
Andy Graham, Vice President, Modern Heating & Plumbing
I would like to thank you and your firm, Generational Equity, for being our valued advisors in our journey.
Bil MacLeslie, CEO, ipHouse
I quickly recognized that Don was working for Sharpe Mixers above all else, and held our interests above others.
Jay Dinnison, Owner of Sharpe Mixers
We knew it would be a difficult task to have someone really understand our business and our market, prior to researching a possible buyer, so it was imperative that we found someone of your caliber, with definite proven experience in this area.
Rick Nowak, President/CEO, Kurz Electric Solutions, Inc.
We thank you Eric and Generational Equity making our dream come true.
Larry Moore, Owner, A Company Portable Restrooms
Tom Staszak is one of the most professional people I have dealt with in my last forty years of business. You’ve got a great group of people and you have built a truly professional organization.
Michael J Polarek, President, Paragon Packaging
We will highly recommend Generational Equity and Musa Jagne to any business owner about to embark on the same process.
Karen S. Williams, CFO, BW Manufacturing
I wanted to write you a quick letter to express our appreciation and our delight on the outcome of helping us through the process of our recent sale. We are very happy with the end result, and are very happy to be able to move forward with all of our future growth plans.
Terry D. Wickman, President, Keytroller
Generational Equity’s assistance was invaluable in compiling and marketing our business.
Bil MacLeslie, CEO, ipHouse
I must say that I have never worked with a more driven, competent and focused individual as Don Ho.
Jay Dinnison, Owner of Sharpe Mixers
I couldn’t have asked for a better team than Michael and Deborah. We couldn’t have done it without them.
Robert Evans, President and CEO of Mealtracker Dietary Software
The process was much more involved than I expected and your help, experience and advice was a big factor in making the negotiations go as smoothly as possible.
Terry D. Wickman, President, Keytroller
We are very happy with the end result, and are very happy to be able to move forward with all of our future growth plans.
Rick Nowak, President/CEO, Kurz Electric Solutions, Inc.
Thanks again Phil and feel free to have a future client call me if they would like a referral. You are a true professional!
Andy Graham, Vice President, Modern Heating & Plumbing
Bruce and I wanted to take this opportunity to thank Generational Equity for assigning Musa Jagne to our transaction. In Bruce’s words, “Musa did one hell of a job for us!”
Karen S. Williams, CFO, BW Manufacturing
Generational Equity educated and informed us – so that we could be on the upside of a good decision (to sell).
Bil MacLeslie, CEO, ipHouse
Your wisdom and experience were invaluable to me during this once-in-a-lifetime transaction.
Ralph Noblin, President of Noblin & Associates
We were happy to see the interest in our company and what we cherished has not just a valuable company but an important company to the communities we served in.
Larry Moore, Owner, A Company Portable Restrooms
Thank you again for all your guidance and support. Any company will achieve what they intend, if they have you on their team!
Rick Nowak, President/CEO, Kurz Electric Solutions, Inc.
Michael worked tirelessly, He followed every lead meticulously and urgently to make sure nothing was missed.
Robert Evans, President and CEO of Mealtracker Dietary Software
We are extremely pleased with the way Generational Equity handled the sale of our company. Your associates, Tom and Chris, did an outstanding job of getting us (me) through the process.
Michael J Polarek, President, Paragon Packaging
Greetings Mike. Thank you for the captivating and compelling presentation you made at the Phoenix presentation last week. Over many years in business yours was the most informative and well-presented presentation, on any subject, that I have ever attended! Your energy and enthusiasm combined with your concise and captivating support of your positions with easily understood examples and data was compelling.
Pete L.