Over 180 Technology M&A Transactions since 1998
50+ Years of Operational Expertise Across Managing Partners
Charlotte, NC; March 16, 2011 — DecisionPoint International, a leader in M&A advisory services for middle-market technology companies, announced today that its client Juma Technology (“Juma” or “Company”), an Avaya Business Partner and a business unit of the publicly traded Juma Corporation (JUMT) has been acquired by Carousel Industries (Carousel), a leader in data networking and unified communications. Terms of the transaction were not disclosed.
The acquisition by Carousel Industries enables the building of its core capabilities in convergence, IP telephony and traditional networking while expanding its customer footprint in the northeastern region. The purchase of Juma is the latest in several acquisitions made by Carousel over the last two years, as the company seeks to increase its capabilities while expanding its customer base and geographic reach.
“This combination will give New York customers unparalleled expertise and service levels”, said Doug Ellis, Managing Partner at DecisionPoint.
“We are enthusiastic about this acquisition and believe it is a very positive development for Juma Technology’s entire customer base,” commented Anthony M. Servidio, chief executive officer of Juma Technology Corp. “Since the beginning, Juma Technology has had a one hundred percent focus on the customer; we believe this important characteristic will translate seamlessly into the culture of Carousel Industries, which holds similar customer values.”
Juma Technology established itself as a data networking solutions provider back in 2002, and began designing and selling converged solutions as soon as they began to appear on the market. The company — which focuses primarily on enterprise customers — has been able to develop special expertise implementing convergence solutions across a range of vertical markets including retail, healthcare, education (K-12 and university) and financial. In addition to possessing a veteran sales force, Juma Technology also has an experienced staff of engineers capable of providing network management, pre-sales support, programming and network design services.
About Juma Technology
Juma Technology established itself as a data networking solutions provider back in 2002, and began designing and selling converged solutions as soon as they began to appear on the market. Juma was most recently was recognized for its fast growth and innovation by leading technology magazines including CRN, which ranked Juma number 50 on its Fast Growth 100 List in 2009.Juma focuses primarily on enterprise customers and it has been able to develop special expertise implementing convergence solutions across a range of vertical markets including retail, healthcare, education (K-12 and university) and financial. For more information, please visit www.jumatechnology.com.
About Carousel Industries
Carousel Industries designs, delivers and supports technology solutions that become the foundation of our clients’ businesses. This includes unified communications, virtualization, Voice over IP (VoIP), video conferencing and collaboration and data infrastructure solutions. Since Carousel was founded in 1992 we’ve grown an average of 30% – 50% per year with estimated 2010 revenues of over $200 million. Today we have over 5,000 customers, including 35 of the Fortune 100. Carousel has been recognized by both VAR and CRN Magazines as one of the top technology integrators in the US and we’ve been listed in the Inc. 500 five times. For more information, please visit www.carouselindustries.com.
About DecisionPoint
DecisionPoint is a global leader in M&A advisory services for middle-market technology companies in the services, software, and communication sectors. For additional information on DecisionPoint, visit www.DecisionPointINT.com.
For further information, contact: Doug Ellis, Managing Partner; (704) 248-1122; DEllis@DecisionPointINT.com.