Generational Equity announces that the assets of Integrated Data Solutions Inc. and RockIT Cloud Solutions, LLC have been Acquired by Konica Minolta Business Solutions U.S.A., Inc.
DALLAS, Dec. 29, 2014 /PRNewswire/ -- Generational Equity, a leading mergers and acquisitions advisor for privately-held, middle-market businesses, is pleased to announce the acquisition of the assets of its client, Integrated Data Solutions Inc. and RockIT Cloud Solutions, LLC, headquartered in Madison Heights, Michigan, by All Covered, a division of Konica Minolta Business Solutions U.S.A., located in Foster City, California. The acquisition became official December 1, 2014.
Integrated Data Solutions, Inc. (IDSI) is a full-service IT solutions provider. IDSI provides mainstream business computer technology solutions to its customers in the form of hardware, software, support, and subscription-based products and services, with a high emphasis on a monthly recurring Managed Services offering. Its sister company, RockIT Cloud Solutions, LLC (RCS), is a provider of cloud-based business IT solutions specifically tailored to is clients' needs. RCS currently offers mission-critical services such as business continuity and disaster recovery (BCDR), infrastructure as a service (IaaS), cloud migration services, hosted exchange, hosted voice over internet protocol (VoIP), and co-location services. To learn more, visit www.idsi4it.com and www.rockitcloud.net.
Managing Director Doug Smith and his Vice President, Ryan Johnson, led the Generational Equity deal team that advised IDSI on the transaction. "Both parties saw the great fit and terrific win-win opportunity, and were very committed to making the deal happen," said lead dealmaker Ryan Johnson.
All Covered, a division of Konica Minolta Business Solutions U.S.A. Inc., is a leading nationwide IT Services company that focuses on the unique computing, networking, and application needs of businesses of all sizes. To learn more, visit www.allcovered.com.
About Generational Equity
Generational Equity provides mergers, acquisitions, strategic growth advisory services, and information for privately held and family-owned businesses to exit their companies successfully. Generational Equity uses a four-phase approach that includes education, financial analysis and reporting, sales documentation and deal-making ability to offer business owners an unparalleled level of commitment and experience, all focused on helping to release the generational equity and wealth in every business. Generational Equity is headquartered in Dallas, TX, has more than 200 professionals in North America, and was recently recognized by the M&A Advisor as the Valuation Firm of the Year. For more information visit the following websites at www.genequityco.com, www.gecpress.com or http://blog.genequityco.com/.
For more information:
Jessica Mead
972-232-1100
[email protected]
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/generational-equity-announces-that-the-assets-of-integrated-data-solutions-inc-and-rockit-cloud-solutions-llc-have-been-acquired-by-konica-minolta-business-solutions-usa-inc-300014345.html
SOURCE Generational Equity
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