by Ty Trumbull • May 4, 2023

There’s a brand new IT procurement and administration firm on the block.

The new data-driven firm, Procure IT, was shaped by means of the merger of 4 know-how advisory companies. The deal was overseen by executives Randy Jeter, Andrew Laughter, William Hiatt and Dylan Bouterse, the 4 males behind the profitable launch of RapidScale and its sale to Cox Business in 2018.

Procurement IT Forms Through Merger

This is know-how M&A deal quantity 135 that ChannelE2E and MSSP Alert have coated up to now in 2023. See more than 2,000 technology M&A deals for 2022, 2021, and 2020 listed here. Financial phrases weren’t disclosed.

The 4 corporations concerned within the merger had been:

Premiere Worldwide is an Irvine, California, know-how advisory firm based in 2004 by Rick Hand and bought by in 2011.

Krewe Advisory Group is a Longwood, Florida, based mostly group of enterprise know-how advisors headed by Laughter and Bouterse to assist companies navigate strategic initiatives and align know-how with enterprise outcomes.

Mercury Communication Services is a Dallas-based cloud and on-premises communications options supplier with greater than 43 years of expertise delivering know-how to greater than 2,000 corporations. Mercury brings confirmed processes in design, implementation and assist of hundreds of tasks nationally.

Premier Technology Advisors is a Rockville, Maryland, govt know-how consulting agency with an eight-year monitor report of delivering converged options, consulting and managed providers to greater than 400 companies.

The newly shaped firm will present a platform for IT sourcing and spend, efficiency, and danger administration, the executives mentioned. The newly shaped firm says it has greater than 350 IT suppliers to service greater than 3,000 companies nationwide.

Premier Technology’s CEO Jordan Solender, a former Dell and Apple worker, joins Jeter, Laughter, Hiatt and Bourtese as a managing companion for Procure IT. The govt management group has greater than 90 years of mixed expertise main know-how corporations by means of progress and exit.

The firm’s strategic method transferring ahead will embody acquisitions of MSPs, VARs, brokers, and ISVs, it mentioned in a ready assertion.

Procurement IT Forms: Additional Insights

Randy Jeter, Managing Partner, Procure IT

Randy Jeter, Procure IT managing companion and former RapidScale CEO, commented:

“We believe the market demands more than another – albeit bigger – technology consulting firm. Procure IT’s mission is to become an IT procurement and management company powered by a data-driven platform for predictive IT purchasing, cost control, performance and risk management.”

Jordan Solender, CEO, Premier Technology Advisors, mentioned:

“The technology advisory space is maturing and consolidating, and there are many opportunities for partners to exit or be part of a roll-up. Instead, Procure IT offered my company, Premier Technology Advisors, the opportunity to create a blueprint for the next-generation technology advisory company, which delivers customer-focused, data-driven sourcing and management under one umbrella.”