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PAR 4 Technology Group Acquires Flytrap Technologies

Par 4 Technology Group, a leading provider of virtualization and data management IT solutions announced Monday the acquisition of Flytrap Technologies (HQ Tolland, CT with Data Center & Network Operating Center in Willimantic, CT) a virtualization, storage, professional services and managed/cloud services company. The acquisition will be a stock only transaction and the combined company will operate under the Par 4 Technology Group name.

Par 4 has been on a tremendous growth spurt and attributes their success to delivering quantifiable value and superior customer service to their clients. Their high touch consultative sales approach has resulted in a year over year 73% revenue growth.

“Despite economic uncertainty - we’re growing simply because we understand our customers business challenges and we develop a solution to solve the problem quickly and with a goal of immediate “return on investment”. Customer success is our #1 priority. The complementary disciplines [Par 4 sales and Flytrap consulting/managed services] will allow us to provide more value to our customers and prospects.” Gary Halloran – Par 4 President.

Beginning Q1 2010, all sales operations will continue to run from Par 4’s Amesbury, Ma HQ location. Corporate marketing and operations will be managed at Flytrap’s Tolland, CT HQ while engineering, managed and cloud based services will continue to operate from Flytrap’s Willimantic, CT Datacenter and Network Operations Center.

For more information please visit www.par4tech.com.

Published Wednesday, December 02, 2009 6:49 PM by David Marshall
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