DH Capital Advises Venture Technologies on Planned Sale to ConvergeOne
CONVERGEONE HOLDINGS INC (CVON)
Company Research
Source: GlobeNewswire
NEW YORK and JACKSON, Miss., Dec. 11, 2018 (GLOBE NEWSWIRE) -- Venture Technologies, Inc., a leading solutions integrator headquartered in Ridgeland, Mississippi, recently announced its planned sale to ConvergeOne Holdings, Inc. (Nasdaq: CVON), a leading global IT services provider of collaboration and technology solutions. WhiteLight Group, a business application consulting entity acquired by Venture Technologies in 2016, is not included in this transaction. Venture Technologies delivers premise infrastructure solutions, collaboration solutions, and cloud services to businesses nationwide. Completion of the transaction is expected to occur within 30 days. “This acquisition will complement ConvergeOne’s already comprehensive portfolio and expand the collaboration solutions we offer customers today,” said John A. McKenna Jr., Chairman and CEO, ConvergeOne. “Venture Technologies has a strong portfolio of cloud and data center services, as well as business expertise in the educati
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