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Ancero to Acquire New Jersey IT Services Firm Ground Swell.

M2 EQUITYBITES-November 10, 2016-Ancero to Acquire New Jersey IT Services Firm Ground Swell


10 November 2016 - US-based communication solution provider Ancero, LLC has signed a definitive agreement to acquire US-based IT services firm Ground Swell, Inc., the company said on Thursday.

Terms of the deal were not disclosed.

Ground Swell has provided services for more than 14 years.

It serves small and medium sized businesses.

Ancero will acquire the firm from founders Justin Tineland Kurt Kwart.

While the acquisition is finalised, Ground Swell's team will continue to operate from its current office in Egg Harbor Township under the direction of Ancero.

Founded in 1999, Ancero serves the SMB from the Mid-Atlantic through the Northeast Corridor.

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Publication:M2 EquityBites (EQB)
Date:Nov 10, 2016
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