ePlus inc. has acquired various Network Solutions Group (NSG) assets, a press release reported.
"We are pleased that NSG has joined ePlus. For decades, broadband service providers have relied on CCI's Network Solutions Group for technical solutions that optimize their carrier-grade critical infrastructure. This is a great outcome for employees and customers of the group, who will benefit from the expertise, strategy and customer relations applied to ePlus' wider array of offerings," John Jamar, CEO and president of CCI, said. "We are proud of what NSG has built over the past 20 years and look forward to a continuing alliance between CCI and ePlus, mutually serving our customers with complementary solutions."
Finalized in April, the terms of the transaction were not disclosed and are not expected to have an impact on ePlus' fiscal year 2024 results.
This expansion is intended to accelerate the demand for ePlus’ industry-related engineering, sales and services delivery. The company’s slate of telecom service providers include telecom, media and entertainment end-market categories.
"ePlus has a long track record in the service provider space. This acquisition will further expand our national presence in this important end-market, and help capture opportunities resulting from the federal government's broadband funding initiatives," CEO and president, ePlus inc., Mark Marron, said. "NSG has an excellent reputation in the market, a very capable workforce and a solid customer base that will benefit from ePlus' broadened portfolio of offerings. We welcome our new NSG employees to the ePlus family and look forward to serving our hundreds of new customers."
Based in Michigan, NSG offers networking services and solutions related to the broadband service provider end-market.
"Our team is very excited to join ePlus," Mac Plymale, Jr., ePlus' new VP of sales in its Service Provider Group, said. "Our Cisco Master Service Provider Technology Architect Specialization, one of only six nationwide, combined with ePlus' focus on customer experience, security, collaboration and a broader portfolio of solutions, will create powerful synergies to address critical gaps in the service provider space and capture spend."