The acquisition of Hargray Managed IT will expand Dynamic Quest’s presence in the Southeast region
Spire Capital Partners backed Dynamic Quest, a managed service provider offering IT and cloud services to enterprises and businesses, completed the acquisition of Hargray’s Managed IT Services division. Hargray Managed IT is a carve-out from Hargray, a Cable One company, based in Phoenix, Arizona.
Dynamic Quest, led by CEO and Founder Javier Gomez, continues to execute on its strategic vision to become a regional leader in the Southeastern United States with its acquisition of Hargray Managed IT.
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Hargray Managed IT offers Managed Network services, Hardware-as-a-Service, Cloud Hosting, Backup & Disaster Recovery, and Managed Security Services for small-to-medium sized business across a wide array of verticals. The company has a long-tenured and strong customer base located primarily in South Carolina and Georgia. The Hargray Managed IT team members will join Dynamic Quest and continue to serve their client base in the Southeast markets.
Javier Gomez, CEO of Dynamic Quest stated, “We are extremely excited about bringing the fantastic team at Hargray Managed IT Services (HMIT) division into our Dynamic Quest-Family. The addition of the HMIT team into Dynamic Quest brings with it a great team of resources, a fantastic group of clients as well as opening two more regional markets in Macon-GA and Savannah-GA. Dynamic Quest has a core objective of bringing stability and reliability to our clients while also growing to become the best Southeastern Managed IT Service Provider. This acquisition brings us closer to our goals of being able to help clients in new geographic locations as well as clients that have multiple locations around the Southeast.”
“We are pleased to have the Hargray Managed Services team join Dynamic Quest – a company with a culture of integrity and exceptional service to their clients,” said Chris Boone, Cable One Senior Vice President Business Services and Emerging Markets.
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The transaction will expand Dynamic Quest’s presence in the Southeast and provide the ability to cross-sell a broader base of products and services to the Hargray Managed IT customer base. Dynamic Quest will look to leverage its infrastructure including its data center, centralized delivery team, and sales and marketing initiatives to enhance service solutions for end clients and accelerate growth.
Bank Street Group LLC served as the exclusive financial advisor to Cable One, Inc. in connection with this transaction.
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