Two U.S. based IT Services Firms to Combine in Merger of Equals
Published: January 23, 2009
TAMPA, Fla. – (Jan. 23, 2009) – Tribridge (www.tribridge.com) and Navint Consulting (www.navint.com), two leading U.S.-based providers of business software and IT services, today announced a merger of equals effective immediately. Under the terms of the merger, the combined, privately-held company will be called Tribridge.
The merger of Tribridge, with a strong presence in the southeast and central regions, and Navint, with equally solid representation in the northeast and western
regions, will create a complementary, diversified IT services firm with a national footprint.
“Both Tribridge and Navint just completed record years of revenue, profitability and customer growth, which made it the perfect opportunity to join forces and
capture the leadership position in the IT services industry,” said Tony DiBenedetto, Tribridge chairman and CEO.
The combined entity offers multiple business lines, including: Enterprise Resource Planning (ERP) and Customer Relationship Management (CRM) business
applications; Microsoft SharePoint; custom application development; IT managed services; Microsoft core infrastructure solutions; and IT security products and
“The merger enables us to provide a comprehensive range of IT services to organizations throughout virtually every market in the country,” said DiBenedetto. “Particularly in this challenging economy, customers want the convenience of working with one trusted firm that can develop and integrate solutions across the entire technology stack. We can better help customers leverage their technology investments to decrease costs and increase organizational efficiency, regardless of the size and scope of the project.”
Diversity Key to Positioning Premier IT Firm in United States
The merger of Tribridge and Navint, two IT services firms with more than 25 combined years in business and a history of steady, profitable growth, comes at a time when many technology companies are challenged by the pressures of the current economic state.
“Diversity is the key to capturing and retaining market share in the technology space,” said Marty Glavin, Navint managing director. “The merger unites two innovative companies with complementary services and strengths. The Navint enterprise consulting practice will enhance the deep Microsoft Dynamics, Microsoft SharePoint and custom business software development expertise that exists at both companies. Tribridge also brings extensive Microsoft infrastructure, IT managed services and security capabilities to the table, further increasing our ability to offer customers a full-service experience.”
The merger of Tribridge and Navint, with customers, offices and team members across the U.S., creates one of the largest Microsoft consulting firms in the world
with capabilities across all Microsoft business applications and technologies. Glavin adds that the merger will strengthen the firm’s key focus areas across many
Merger Unites Common Cultures Focused on Growth, Customer Service Excellence
For Tribridge and Navint, the merger is as much about blending corporate cultures as it is about expanding service delivery capabilities. All team members will continue in their respective roles, and offices in every region will remain
open. Both firms boast a disciplined project implementation methodology, stemming from a strong “Big 5” consulting services heritage that launched the careers of its founders.
Tribridge is a Gold Certified Microsoft consulting firm recently named the 2008 WORLDWIDE Microsoft Dynamics Partner of the Year. Tribridge implements, secures and supports critical business applications and core infrastructure for organizations across the U.S. Tribridge experts combine an average of 15 years experience with established methodologies to generate practical results, including a 100% “go-live” rate since inception over a decade ago. Technology solutions are focused across 5 tightly integrated areas including: Microsoft Dynamics ERP and CRM, Microsoft SharePoint and custom software applications, Microsoft core infrastructure, security and managed services.
About Navint Consulting
Navint is a business management and information technology consulting firm that offers end-to-end, industry-specific solutions encompassing strategy, technology, and process improvement. With over 150 mid-market and enterprise consultants, the company has helped more than 600 clients improve their financial management, manufacturing, warehousing, e-commerce, human resource management and customer relationship management utilizing Enterprise and Microsoft Dynamics ERP and CRM applications. Navint serves small, medium and large organizations spanning markets that include apparel and retail, manufacturing and distribution, professional services, entertainment, media and publishing, health care and not-for-profits across the U.S.