CenterGate Capital Partners With Leading Outsourced IT Service Provider, Soroc Technology
Investment Provides Capital and Expertise to Accelerate Growth
CenterGate Capital, an Austin-based private equity investment firm, announced that its affiliate has made an investment in Soroc Technology (“Soroc”), a leading provider of outsourced IT services throughout North America.
Established in 1981 and headquartered in Woodbridge, Ontario, Soroc serves a blue-chip customer base in the financial services, technology, and retail industries across North America. Customers rely on Soroc’s track record of quality IT services, including on-site and help desk support, procurement and deployment, professional services, recruiting, and business continuity and disaster recovery services. Founder & CEO Rudy Cheddie will continue to lead Soroc and serve as Chairman on its Board of Directors.
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“We are excited about our partnership with CenterGate and what it means for our employees, customers, and vendors,” commented Cheddie. “CenterGate’s investment will provide us the capital and strategic resources to continue to grow our service offering while maintaining our focus on unparalleled customer service.”
Tim Liu, Managing Director at CenterGate Capital, added, “Rudy and the entire Soroc team have an impressive track record of success, and we look forward to working with the team to continue that growth. Soroc has a reputation for the highest levels of customer service, which uniquely positions the company to be successful.”
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