Amplix Expands Portfolio with Acquisition of Mobility Solutions Provider CAG
Amplix, a portfolio company of Gemspring Capital and a leading provider of technology advisory services and software,announced the acquisition of Corporate Accessories Group, LLC (“CAG”), a full stack mobility solutions provider. Terms of the transaction were not disclosed.
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Massachusetts, CAG serves approximately 175 enterprise and SMB customers, providing full-life cycle management services across mobility products, including wireless plan management, wireless spend optimization, kitting, and mobility product sales. The integration of CAG’s expertise into the Amplix platform presents an exceptional opportunity to address the growing demand for mobility cost optimization and reinforces Amplix’s commitment to delivering comprehensive and cost-effective technology solutions to its clients.
Joe DeStefano, CEO of Amplix, commented, “We’re excited to welcome CAG into the Amplix family and look forward to working closely together to deliver exceptional solutions and service. As our customers continue to consistently prioritize mobility spend optimization, combining our capabilities with CAG’s full stack mobility solutions will enhance the differentiated value we can offer. This partnership is a testament to the long-standing relationship between our two companies.”
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Peter DiNatale, Founder of CAG, added, “Amplix’s extensive base of enterprise-level customers presents a tremendous avenue for growth for CAG. As companies increasingly seek ways to cut costs, our deep mobility expertise can offer unparalleled value. We are thrilled to join forces at this opportune moment in CAG’s history, and are confident this partnership will create significant growth opportunities for both companies, all of our talented team members and our combined customer bases.”
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