IBJNews

  • Home

G3 Technology Partners acquired by Minnesota firm

 IBJ Staff
December 19, 2012
Keywords
Mergers & Acquisitions, Tech Companies, Technology
Back to TopCommentsE-mailPrint

G3 Technology Partners, an Indianapolis-based business communications company, has been acquired by Eagan, Minn.-based ConvergeOne, the companies announced Tuesday.

G3 has 120 employees and is headquartered in the Precedent Office Park on the city's north side. The company designs, develops and manages voice and data systems.

ConvergeOne, a leading integrator of data and communications services, is parent company to several tech firms across the country, including Minnesota-based North American Communications Resource Inc., Boise, Idaho-based S1 IT Solutions, New York-based NorthPark Group and Cary, N.C.-based SimpliCTI.

Terms of the deal were not disclosed.

The companies said G3 will become a branch office of ConvergeOne, and existing leadership and staff for both companies will remain in place.

G3 CEO Pete DiPaola, Chief Operating Officer Ray Hoffman and Chief Financial Officer Jim Heckman "will be staying with the organization and will continue responsibilities for G3-related operations," ConvergeOne said in a prepared statement.

The three executives have been part of G3's management team since 1986. The company got its start in 1969.

 “The addition of G3 to ConvergeOne further expands our offerings, enabling us to continue to drive business growth while delivering optimum return on investment and the highest level of personalized service to our customers,” ConvergeOne CEO John McKenna said.
 

ADVERTISEMENT

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

ADVANCED SEARCH
Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ

  1. A non-compete clause is expected to keep Buchman from appearing on-air at WTHR for a year from the WISH contract’s expiration.

  2. In my opinion the estridge companies are crooks. They filed bankruptcy on their 'track housing' side of the business two weeks before they closed on one of my clients' homes. When my client first interviewed Estridge as a builder 6 months before, they specifically ASKED about the solvency of their business, knowing that some builders were struggling. Estridge truly misrepresented their financial situation at that time. I suppose I am more unhappy with the whole system than I am with the builder because what the heck==you can file bankruptcy on 'track homes' but still keep building and make money off of 'custom built' homes??? How ridiculous! They are all homes. How can a company be allowed to bilk thousands of dollars from their subcontractors but still be allowed to build houses?? they should have been made to pay back all their unpaid contractors before being allowed to profit from building any more houses! This alone makes them and the system crooks in my eyes. I would never build an estridge home and I would not recommend for my clients either. If they were truly 'bankrupt' how could they afford to keep building homes anyway??? The whole system needs fixed.

  3. I live a couple blocks east of the Angie's campus and my house is assessed for ~$160,000. If I could get that amount, let alone $384,000 (a 140% bonus), I'd sell in a minute. Either Angie's stockholders just got fleeced, or Angie's is getting about a 58% discount on their property taxes, if these properties are actually worth what they paid Mr. Oesterle for them. Which do you think is the case?

  4. Perhaps the IMA board is really to blame! They agreed to hire Charles. They can't seemingly find donors among themselves, or bring in new blood that will support the museums operating budget with an expanded museum and money to provide curators with something to do (ie buy art). The headlines of disarray at the museum and mass firings are hurting the reputation of the museum for some time to come. If people on the board had misgivings, perhaps they shpuld have more forcefully opposed efforts that they have seemingly been unable to fund, like expansion and the costs it has created!

  5. See, I told u Indyman and Dipsicle....this 8 days is overkill. It's barely worth a weekend....great job Tony George! Your dream has been fulfilled....he fans want the I r l back. Thats how good it was.....and that sucked.

ADVERTISEMENT