Managed Services Merger: Aldridge and Rafte Target Texas
The Aldridge Company, a technology and cloud integrator for SMBs, has merged with Rafte & Company, a business and technology consulting firm, to offer a more comprehensive IT support offering. Financial terms were not disclosed. Here’s a little more background on both Texas-based companies, as well as what the merger means for both Aldridge and Rafte business customers.
Rafte & Company mainly serves law firms, non profits and professional services companies looking to design and integrate new business and technology strategies into their existing working environments. Those strategies include consulting, remote collaboration solutions, document management software support and legal software support. Rafte will now combine its specific vertical expertise with The Aldridge Company’s technology expertise and focus on helping customers implement more efficient business processes.
Rafte and Aldridge plan to offer both SMB and vertical-specific customer bases new managed services like technology and work process evaluations, security and disaster recovery audits, cloud hosting, and an entirely new suite of business consulting services.
“After working closely with Rafte & Company on numerous projects during the past three years, it became clear that we could accomplish more and deliver more value to our customers by combining our IT support services than we could separately,” The Aldridge Company Chief Operating Officer (COO) Patrick Wiley said in a prepared statement.
The MSP market in Texas is quickly becoming one of the more competitive managed services markets in the country. We’ll keep an eye on how well the new Aldridge-Rafte combo competes against other MSPs making headlines in the Lone Star State like White Glove Technologies, VerityThree, Network Elites, and others.
Tracking Managed Services Provider Mergers and Acquisitions
Meanwhile, here’s an updated list of MSP mergers and acquisitions that MSPmentor has been tracking.