ePlus Expands Presence In California With Acquisition Of Evolve Technology Group

ePlus inc.

today announced that its subsidiary, ePlus Technology, inc., acquired the operating assets and assumed certain liabilities of Granite Business Solutions, Inc. dba Evolve Technology Group ("Evolve"), a leading provider of IT solutions in California, expanding ePlus' presence in the western United States. Located in Sacramento, CA, Evolve provides information security, collaboration, virtualization and data center solutions to an established customer base of state, local and educational institutions (SLED), as well as commercial enterprises. Evolve's 2013 revenue was approximately $27 million. Terms of the transaction were not disclosed. "The acquisition of Evolve advances our strategy to grow as a nationwide provider of complex IT solutions. Evolve will expand our geographic footprint in California and the Western United States, and enhance our engineering delivery of advanced technology solutions including data center, security, and networking," said Phillip G. Norton, chairman, CEO and president of ePlus. "Evolve's existing customers will continue to benefit from an objective IT consulting and strategic services approach, and will now have access to ePlus' full range of integrated solutions from top manufacturers—such as Cisco, EMC, HP, NetApp, and VMware." "We are excited about becoming part of the talented ePlus team and providing our customers with a broader portfolio of leading technologies, managed services, and enhanced data center solutions," said Paul Dhanota, co-founder of Evolve. "We are pleased to join ePlus. The combination of ePlus' nationwide scale in the state, local government and educational markets and Evolve's long-standing client relationships in California will provide our staff and customers with new opportunities," added Robert Johnson, co-founder of Evolve.