Momentum, an Atlanta, GA-based provider of managed cloud services and managed network solutions, acquired Asset Black, a Savannah, GA-based managed network provider.
The amount of the deal was not disclosed.
With the acquisition, Momentum will expand its offerings.
Led by CEO Mark Weeks, Asset Black provides large and small companies with managed network solutions that offer low latency and high up-times while ensuring adaptability and flexibility as a business grows. It is compliant with Federal, State, and Local regulations in addition to being FDIC, Universal Service Fund, SOC 1 and SOC 2 compliant.
Led by CEO Todd Zittrouer, Momentum is a global managed cloud services provider, offering a comprehensive suite of solutions including cloud voice, global connectivity, and managed network solutions including SD-WAN.
Advisors to Momentum on the transaction included: G2 Capital Advisors, Bradley Arant Boult Cummings LLP, and Wilkinson Barker Knauer LLP.
FinSMEs
27/08/2023