Corporate Finance Associates Advises Architel in Its Acquisition by Centre Technologies
June 24, 2016 (PRLEAP.COM) Business NewsJune 24, 2016 - Corporate Finance Associates, an international middle market investment bank, announced today that it advised Architel on its acquisition by Centre Technologies. Architel, based in Dallas, Texas is a leading provider of IT managed solutions.
Architel, Inc. operates as an information technology (IT) infrastructure outsourcing company focused on medium-sized businesses in the North Texas area. They provide fractional IT services, including reactive support, proactive support, VirtualCIO, and fractional IT pricing. The company also offers managed services, including managed servers, managed backup, and data center services. The company was founded in 2001.
Centre Technologies is a leading technology provider with offices in Houston, Austin, Dallas and New Orleans. Centre provides outsourced IT, hardware/software sales and consulting. The addition of Architel expands and diversifies Centre's client base and geographic reach.
"It was evident early on that Architel and Centre had synergistic chemistry," added Dan Vermeire, Managing Director in the Dallas office of Corporate Finance Associates. "The companies share a commitment to quality, creativity and complete customer satisfaction."
Celebrating more than 60 years of service, Corporate Finance Associates is a major investment banking firm, with over 20 offices across North America, Canada, and India with partner offices in Brazil, Asia and throughout Europe providing middle-market companies with a wide range of M&A advisory services and access to capital resources. From project inception to completion, a senior securities licensed and registered principal guides clients through every challenge, advocates on their behalf, and leverages CFA's experience and extensive resources. More information is available via the internet at www.cfaw.com.