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Switchfast Technologies, a Chicago-based managed IT services provider, announced today that it is has acquired Axcell Technologies, a professional technology service company based in Schaumburg, Illinois.
The acquisition between Switchfast and Axcell speaks to the strong synergy between the two companies. Both Switchfast and Axcell have corresponding values that focus on providing extraordinary service for clients by hiring extraordinary employees.
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"The decision was easy to welcome Axcell Technologies onto the Switchfast," said Jim Anderson, CEO of Switchfast Technologies. "They value what we value: extraordinary people deliver extraordinary service."
Anderson has been working closely with Rick Vines, former CEO of Axcell Technologies and current Client CIO of Switchfast Technologies, to ensure a smooth and successful transition for everyone involved.
"Axcell and Switchfast share similar business philosophies and similar cultures," said Rick Vines. "We're excited to bring our team and our clients to Switchfast, and we look forward to the enhanced capabilities that our organizations can deliver together."
On completion of the acquisition, Switchfast has reported 82% client retention and 100% employee retention.
About Switchfast Technologies
Switchfast Technologies is a leading Managed Services Provider (MSP) serving the Greater Chicagoland and Midwest area since 2001. Switchfast has amassed several prestigious awards in the last few years, ranging from being named a Clutch Leader to being recognized as a Best & Brightest Company to Work For.
View source version on businesswire.com: https://www.businesswire.com/news/home/20201028006207/en/
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.