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 August 2, 2013
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FusionStorm and Synoptek Form Alliance to Deliver Managed Services  

San Francisco-based FusionStorm, an award-winning IT solution provider with national U.S. coverage and global distribution capabilities, has entered into a strategic alliance with Synoptek, a cloud solutions and managed IT services firm based in Irvine, California.
FusionStorm logo 
The two companies will partner to form a new entity to meet the growing worldwide demand for cloud "as-a-service" technology and powerful hosted solutions to support on-premise systems.
 
Financial terms of the transaction were not disclosed. FusionStorm will have a significant equity stake in the new entity, which will operate under the Synoptek brand, and FusionStorm CEO Dan Serpico will hold a board seat on the Synoptek board. 
 
FusionStorm and Synoptek were counseled in the transaction by martinwolf. 
  

To read the press release announcing the alliance, click here.

About martinwolf    

 

                
             San Francisco, CA                                                Bangalore, India

With offices in San Francisco and Bangalore, India, martinwolf is a leading middle market M&A Advisory focused on companies with services-based business models. Since 1997, our team has completed more than 115 transactions in eight countries. We are a five-year member of the Merrill Lynch PS Referral Network, and were selected as ICICI Bank's (India's leading private bank) exclusive strategic partner for acquiring U.S. IT companies. martinwolf is a member of FINRA and SIPC. For more information, visit www.martinwolf.com.

 

To learn more about martinwolf, contact Matthew Putzulu at mputzulu@martinwolf.com.

 

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