AccounTEC Acquires California-based Murdock & Associates, Inc.Business & Technology Editors NEW YORK--(BUSINESS WIRE)--Oct. 2, 2000 AccounTEC Inc., a national provider of outsourcing (1) Contracting with outside consultants, software houses or service bureaus to perform systems analysis, programming and datacenter operations. Contrast with insourcing. See netsourcing, ASP, SSP and facilities management. and consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.) service - work done by one person or group that benefits another; "budget separately for goods and services" in accounting, finance and information technology has acquired Murdock & Associates, Inc. Murdock & Associates is a 100+ person consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a in Silicon Valley specializing in corporate accounting and finance for high technology companies. "The acquisition of Murdock & Associates is very significant as it establishes our presence in Silicon Valley," says Joe Amella, president and chief executive officer of AccounTEC, Inc. "Murdock & Associates is a leading-edge firm focused on consulting with exciting start-ups and established technology companies. Mr. Leslie Murdock, president of Murdock & Associates will continue to manage the firm." "Partnering with AccounTEC allows us to strengthen our position as the recognized leader in the Silicon Valley marketplace," adds Murdock. "This new relationship will enable us to provide enhanced services Enhanced service is service offered over commercial carrier transmission facilities used in interstate communications, that employs computer processing applications that act on the format, content, code, protocol, or similar aspects of the subscriber's transmitted information; to our clients." AccounTEC Inc., headquartered in Hauppauge, NY focuses on the acquisition, consolidation and growth of regional and single-market firms nationwide that provide accounting and information technology services. With five acquisitions completed in the last 18 months, the company has representation in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , Illinois, Texas, Michigan, Florida and California. AccounTEC is a partnership of Joseph V. Amella and Chicago-based equity firm GTCR GTCR Glacier Travel and Crevasse Rescue Golder Rauner. |
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