- Converge Technology Solutions Corp. (CTS) acquires PDS Holding Company and its subsidiaries, including Paragon Development Systems, Inc. (PDS)
- PDS works to leverage the strength of its solution architects and engineering teams
- PDS serves clients in three markets; healthcare, public sector, and corporate
- Converge is a software-enabled IT and cloud solutions provider
- Converge Technology Solutions Corp. (CTS) is down 4.63 per cent and is trading at $9.88 per share as of 2:35 p.m. EST
Converge Technology Solutions Corp. (CTS) has acquired PDS Holding Company and its subsidiaries, including Paragon Development Systems, Inc. (PDS).
Converge acquired PDS from Mason Wells, a private equity firm based in Milwaukee, Wisconsin.
PDS works to leverage its solution architects and engineering teams to deliver solutions that drive successful strategic outcomes.
PDS offers solutions ranging from cloud and security to servers and infrastructure to virtualized work environments and remote work.
PDS serves clients in three markets; healthcare, public sector, and corporate.
It also helps in advising and assisting with information technology needs in upgrading and modernizing core business technology infrastructure.
Shaun Maine, CEO of Converge, stated,
“PDS’s knowledge and proficiency in the healthcare space will enhance Converge’s ability to deliver enterprise solutions and managed services to our clients in this sector across North America.”
“Additionally, PDS’s presence in the central region will give us more scale across Wisconsin, Illinois, and Minnesota to help us continue to meet the requirements of our clients in these areas.”
PDS marks the twenty-sixth acquisition completed by Converge or its affiliates.
Converge is a software-enabled IT and cloud solutions provider.
Converge Technology Solutions Corp. (CTS) is down 4.63 per cent and is trading at $9.88 per share as of 2:35 p.m. EST.