Riverside Partners, a private equity investment firm, announced that its portfolio company, Convergence Networks (the “Company”), has acquired SWAT Systems. Based in Seattle, SWAT Systems is a leading provider of managed IT, cybersecurity, and communication services for organizations across numerous end-markets. The SWAT Systems team, led by Jason Hagens and Dave Blake, has a long history of forming partnerships with clients to understand their organizations and support their technology needs.
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“We are thrilled to welcome Jason, Dave, and the entire SWAT Systems team to the Convergence Networks family,” said Mat Lafrance, CEO of Convergence Networks. “They are an excellent fit with the existing people-centric approach at Convergence Networks and further strengthens our deep bench of technical talent and geographic reach.”
“SWAT Systems was founded over 20 years ago with the goal of eliminating IT headaches for those that use it every day,” said Jason Hagens, founder and CEO of SWAT Systems. “Joining with Convergence Networks will allow us to maintain the culture that we have built at SWAT Systems and allow us to grow even faster as a combined organization.”
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“SWAT Systems is a great fit with the Convergence Networks platform,” said David Del Papa, a General Partner at Riverside Partners. “Seattle has always been one of our top target markets for expansion and the combined company will be able to continue to differentiate itself as an organization that focuses on providing strategy, security, and support for its clients’ technology challenges today and tomorrow.”
“Over the course of Riverside Partners’ investment in Convergence, the Company has grown both organically and through M&A,” added David Belluck, a General Partner at Riverside Partners. “The acquisition of SWAT Systems is the next step in its growth. We are eager to support the combined team as they continue to build the Convergence Networks platform.”
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