Chapman Associates Acquisition Announcement
Managed Services/ Systems Integration
Chapman Associates has announced the acquisition of Future Technologies Group (FTG) by New Era Technology.
FTG, based in Quincy, MA, is a leading Systems Integrator and Managed Services provider and has offered advanced technology solutions around Security, Data, Voice and Video across New England for more than a decade. They offer planning, design, implementation and 24×7 NOC services to a loyal base of customers in the SLED and commercial space, where they have established an outstanding reputation. FTG’s technology partners include Cisco, Avaya, Microsoft, NetApp and others.
The acquisition will allow both companies to leverage a series of synergies, including footprint expansion, vertical market expertise and technology excellence in security, managed services and other areas. “Both companies are a great cultural fit as well, having kept the entrepreneurial spirit alive over the years “said Cristian Anastasiu, Chapman’s Managing Director who advised on the transaction.
New Era Technology offers managed services, cloud solutions and systems integration to customers in several vertical markets such as Education, Government and Healthcare around the world.
Chapman Associates is one of the most respected middle market Mergers and Acquisitions firms focusing on technology, and other select verticals. Buyers and sellers have trusted Chapman Associates® since 1954. During that time, Chapman has successfully sold over 2,300 companies worth billions of dollars.