August 12, 2014

Winxnet makes second acquisition this year

Portland-based IT firm Winxnet has made its second acquisition this year, with the purchase of a Methuen, Mass.-based technology consulting firm led by industry veterans.

The company announced Tuesday that its acquisition of KDSA Consulting LLC will allow Winxnet to increase business throughout New England with the addition of 40 sales, service and consulting professionals, as well as new information technology services. Financial details of the acquisition were not disclosed.

John LoConte and Dawn Mortimer, who co-founded KDSA Consulting in 2004, will join Winxnet's leadership team. LoConte, who has worked in the IT industry for nearly 30 years, previously served as the director of IT services for the Boston Technology Group of RSM McGladrey. Mortimer is a Microsoft-certified Dynamics SL consultant and has more than 25 years of experience in providing technology and business solutions.

"Our core values of integrity, honesty and respect in dealing with clients and co-workers directly align with Winxnet's way of doing business," LoConte said in a prepared statement. "The integration of the two cultures will strengthen Winxnet's ability to offer the best complete business technology solutions to organizations in need of IT support and guidance. We are thrilled to be joining the Winxnet team. It is exciting to be a part of a growing company with a strong reputation for service."

Winxnet made its first-ever acquisition earlier this year with its purchase of Portland-based information security firm InfoSecurus. The 15-year-old company, which earned $10.7 million in revenue for 2013, later said that it was in the process of acquiring two additional companies. Combined with KDSA Consulting, the three acquisitions could bring the company's total workforce from 75 to 150 and increase revenue to $40 million by 2016.

Read more

Winxnet merges with Calif. firm, giving it coast-to-coast market reach

Winxnet makes third acquisition this year


Type your comment here:

Today's Poll Should the state issue a $7 million bond for Maine's marine industry?<>
Most Popular on Facebook