Acquisition strengthens ePlus Services
portfolio across North
America
HERNDON,
Va., Aug. 20, 2024 /PRNewswire/ -- ePlus inc.
(NASDAQ NGS: PLUS – news) today announced that its
subsidiary, ePlus Technology, inc., has acquired Bailiwick
Services, LLC (Bailiwick). Based near Minneapolis, Bailiwick is a highly-skilled
provider of professional and managed services with nearly 30 years
in the business. Bailiwick specializes in serving enterprise
customers that operate large store, branch, and campus footprints
predominantly in the retail, financial services, restaurant, and
hospitality vertical markets.
As one of the largest providers of outsourced IT integration and
deployment services across North
America, Bailiwick's expertise helps organizations enhance
operations and end-user experiences across their operations,
including through edge computing, physical security, AV, logistics,
and other transformative digital experiences.
"Continuing to develop and enhance our Services business is an
important part of our growth strategy," said Mark Marron, CEO and president of ePlus inc.
"This acquisition opens many doors for customers of both
organizations, offering a full spectrum of technology solutions and
services through one provider. Bailiwick will be a wonderful
complement to our business and our Services portfolio and we
welcome them to the team."
"As technology evolves and consumer-facing organizations embrace
AI and other areas to enhance the experiences they can provide
their customers, having a parent company like ePlus provides an
incredible depth of resources that will benefit them," said
Bob Marko, CEO and president of
Bailiwick. "Our decades of experience now combined with the
acquisition by ePlus means that our customers can access and enjoy
the expanded capabilities, talent and skill sets that a global
provider can offer."
The acquisition of Bailiwick closed on August 19, 2024. Bailiwick is a wholly-owned
subsidiary of ePlus Technology, inc. Terms of the transaction were
not disclosed.
About Bailiwick Services, LLC
Bailiwick is a managed IT services provider that specializes in
the integration and implementation of complex, large-scale
technology initiatives. As a partner to some the best-known brands
in North America, Bailiwick is
highly regarded for creative problem solving and developing
solutions that accelerate growth and profitability for our clients.
Our 29-year relationships with Fortune 500 clients are built on
consistent care, quality, and urgency.
About ePlus inc.
ePlus has an unwavering and relentless focus on leveraging
technology to create inspired and transformative business outcomes
for its customers. Offering a robust portfolio of solutions, as
well as a broad range of consultative and managed services across
the technology spectrum, ePlus has proudly achieved more than 30
years of success, carrying customers forward through adversity,
rapidly changing environments, and other obstacles. ePlus is a
trusted advisor, bringing expertise, credentials, talent and a
thorough understanding of innovative technologies, spanning
security, cloud, data center, networking, collaboration and
emerging solutions, to organizations across all industry segments.
With complete lifecycle management services and flexible payment
solutions, ePlus' more than 1,890 associates are focused on
cultivating positive customer experiences and are dedicated to
their craft, harnessing new knowledge while applying decades of
proven experience. ePlus is headquartered in Virginia, with locations in the United States, UK, Europe, and Asia‐Pacific. For more
information, visit www.eplus.com, call 888-482-1122, or email
info@eplus.com. Connect with ePlus on LinkedIn, X, Facebook,
and Instagram. ePlus, Where Technology Means More®.
ePlus®, Where Technology Means More®, and
ePlus products referenced herein are either registered trademarks
or trademarks of ePlus inc. in the United
States and/or other countries. The names of other companies,
products, and services mentioned herein may be the trademarks of
their respective owners.
Forward-Looking Statements
This press release contains information about management's view
of ePlus' future expectations, plans and prospects that are not
historical facts and may be deemed to be "forward-looking
statements." Actual and anticipated future results may vary
materially due to certain risks and uncertainties. Certain risks
and uncertainties that may affect such "forward-looking statements"
are detailed in our reports filed with the Securities and Exchange
Commission, especially under the heading "Risk Factors," and
include but are not limited to our ability to successfully perform
due diligence and integrate acquired businesses. All information
set forth in this press release is current as of the date of this
release and ePlus expressly disclaims any duty or obligation to
update this information, except as may be required by law.
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SOURCE EPLUS INC.
