What happened to ConvergeOne?
(Nasdaq: CVON, “ConvergeOne” or the “Company”), a leading global IT and managed services provider of collaboration and technology solutions, today announced that it has entered into a definitive agreement to be acquired by affiliates of CVC Fund VII (“CVC”) in an all-cash transaction valued at approximately $1.8 …
Who are ConvergeOne competitors?
ConvergeOne Alternatives & Competitors
- Accenture.
- CDW.
- OneNeck IT Solutions.
- One Six Solutions.
- Chetu.
- CapGemini.
- Sirius.
- AT.
How long has ConvergeOne been in business?
1993
Founded in 1993, ConvergeOne is a leading global IT services provider of collaboration and technology solutions for large and medium enterprises.
Is ConvergeOne a public company?
ConvergeOne is No. 34 on the 2018 CRN Solution Provider 500. The company hosted an earnings call last week in which it reported $404 million in quarterly revenue, an increase of 64.4 percent from a year ago, it said. The company went public and started trading on the Nasdaq on Feb.
Where is ConvergeOne based?
Eagan, Minn.
Headquartered in Eagan, Minn., ConvergeOne maintains more than 26 offices and 1,200 employees nationwide.
What industry is ConvergeOne?
ConvergeOne is a leading IT services provider of collaboration and technology solutions for large and medium enterprises. We’ve spent decades building upon our technology offerings which span the core technology markets- customer experience, cybersecurity, data center, enterprise networking, and unified communications.
When was ConvergeOne founded?
ConvergeOne Holdings Corp/Founded
Who is the majority owner of convergeone Corporation?
ConvergeOne Agrees to be Acquired by CVC Fund VII for $1.8 Billion. Holders of Common Stock to Receive $12.50 per Share in Cash; Majority Shareholder, Private Equity Firm Clearlake Capital Group, Agrees to Tender Its Shares.
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Who is convergeone and what do they do?
Founded in 1993, ConvergeOne is a leading global IT services provider of collaboration and technology solutions for large and medium enterprises with decades of experience assisting customers to transform their digital infrastructure and realize a return on investment.
Why was convergeone acquired by CVC fund VII?
ConvergeOne has a significant opportunity to capitalize on the cloud adoption and digital transformation tailwinds of its enterprise customers. Using our industry expertise and global network, we look forward to supporting ConvergeOne’s continued growth, both organically and through its proven M&A program.”