Announced
Synopsis
Sagewind Capital-backed GCOM, a provider of technology solutions focused on state and local governments, agreed to acquire 20/20 Teknology, a managed services provider and systems integrator. Financial terms were not disclosed. “GCOM’s mission is to help state and local governments build healthier, safer and more prosperous communities by providing them with the solutions they need to function more effectively and efficiently and meet their constituents’ rapidly-evolving needs. At the heart of next-generation government is the foundation of a strong, resilient network that can scale quickly and securely. Through our acquisition of 20/20 Teknology, widely reputed as the ‘Navy Seals of networks,’ we aim to enhance our infrastructure and virtual communications offerings—as well as our IT infrastructure and managed services solutions—to help our combined customers seamlessly meet their growing technology needs. 2020 Teknology’s customers can expect even greater support and capabilities from the combination," Kamal Bherwani, GCOM CEO.
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