OnPar Technologies, represented by IT ExchangeNet, has been acquired by Net at Work. The acquisition will improve Net at Work’s national footprint.
Net at Work, one of North America’s leading technology advisors and managed service providers to small and mid-sized businesses, today announced it has entered into a definitive agreement to acquire OnPar Technologies, a cloud-first Microsoft solutions provider.
The transaction, facilitated by IT ExchangeNet, underscores Net at Work’s strategy to deepen its cloud and managed services capabilities while expanding its presence across the Eastern United States. OnPar was also advised during financial due diligence by Bob Lowe and the team at ExecHQ.
OnPar has been recognized as a top Microsoft partner on the East Coast, including honors such as Microsoft US SMB East Region Partner of the Year and US SMB Champion Club Southeast Partner of the Year, reflecting its strong track record of helping clients modernize through cloud technologies.
Also Read: CIO Influence Interview With Jake Mosey, Chief Product Officer at Recast
Jeremy McParlan, founder of OnPar, said, “As an MSP and Microsoft partner, we were looking for a transition that recognized the value of our specialized practice. IT ExchangeNet utilized their global network to generate interest from more than 100 qualified buyers, which led to an outcome that exceeded our expectations. Their process is methodical, and their connections within the Microsoft ecosystem are extensive. We appreciated the team’s discipline and the strategic options they brought to the table to ensure a successful transaction.”
As part of the transaction, the OnPar Technologies leadership team will join Net at Work in key roles to ensure continuity for customers, partners, and employees. OnPar’s existing operations in Durham, North Carolina will become an important hub within Net at Work’s broader footprint, strengthening regional coverage in the Southeast and along the East Coast.
Catch more CIO Insights: Why CIOs are becoming chief risk orchestrators?
[To share your insights with us, please write to psen@itechseries.com ]
