Core BTS, which is backed by Tailwind Capital, has acquired Skyline Technologies, a consulting firm specializing in Microsoft cloud consulting, data analytics, and application development. No financial terms were disclosed. The deal is expected to close by the end of the first quarter of 2021.
INDIANAPOLIS–(BUSINESS WIRE)–Core BTS, a leading IT solutions and managed services provider, is excited to announce the acquisition of Skyline Technologies, a consulting firm specializing in Microsoft cloud consulting, data analytics, and application development. This marks the third Microsoft focused acquisition for Core BTS and the resulting combined organization will provide clients with an unmatched scope of Microsoft Cloud solutions and capability for driving comprehensive digital transformation.
“Adding Skyline to the Core BTS business significantly broadens our ability to bring value to our clients with customized data analytics and application development solutions that enable cloud transformation,” said Paul Lidsky, Chief Executive Officer of Core BTS. He added, “This acquisition marks another important step in our commitment to capitalize on the growth in the Microsoft ecosystem with a steadfast commitment on generating productive long-term partnerships with our clients.”
Having recently completed the integration of the recent merger with Blue Chip Consulting Group, the acquisition of Skyline, coupled with strong recent organic development, positions Core BTS to serve clients of all sizes with 19 offices, 700+ employees. As a Microsoft Gold Certified Partner, the expanded company will leverage unsurpassed consulting acumen to maximize the value of Microsoft Azure and Modern Workplace solutions and accelerate digital transformation for more than 1500 clients.
Mitch Weckop, the Chief Executive Officer of Skyline, will assume a new role as Executive Vice President – Delivery in the burgeoning Microsoft practice at Core BTS. He shared that “Core BTS continues to produce world class solutions to the most complex issues in the market.” He added that “the team has a well-earned reputation for excellence and we are excited to help enhance the breadth of solutions to address the changing market demands.”
In addition to the expanded Microsoft practice, Core BTS will also continue to focus on client needs for advanced networking, collaboration, and security as a gold level Cisco partner. Lidsky remarked that “our position across the landscape of IT solution providers continues to improve as we rapidly gain scale and add incremental services.”
In August 2018, Core was acquired by Tailwind Capital, a middle–market private equity firm focused on growth-oriented investments in targeted sectors within technology and business services, industrial services and healthcare. Tailwind continues to support an aggressive acquisition plan for Core BTS that focuses on cloud, networking, data center, security, and managed services.
The transaction is scheduled to close by the end of Q1 2021 pending final confirmation from shareholders.
About Core BTS
Founded in 2004, Core BTS, Inc. is an award-winning technology solution and managed services provider. Recognized for accelerating the adoption of digital technology to transform business, Core BTS delivers robust cloud, modern workplace, security, and networking solutions to commercial and public-sector clients. With broad, scalable expertise, Core BTS is passionate about solving complex issues with an unwavering focus on client experience.
About Tailwind Capital
Tailwind Capital is a middle market private equity firm focused on growth-oriented investments in targeted sectors within technology and business services, industrial services and healthcare. Tailwind partners with experienced management teams and entrepreneurs to transform businesses through organic growth initiatives, acquisitions, and operational and strategic investments. Since inception, Tailwind has managed $3.7 billion of committed equity capital, and has invested in 45 portfolio companies and over 120 add-on acquisitions.