UPSTACK announced that it has acquired PacTech Partners, a network and communications consulting firm serving large enterprises. Terms of the transaction were not disclosed.
UPSTACK’s acquisition of PacTech is part of the company’s strategy to accelerate the growth of its ground-breaking platform, which combines the industry’s leading advisors with advanced technology, support resources and data.
UPSTACK also announced in April an initial $50 million equity investment from Berkshire Partners, which will enable the company to continue to scale its platform through technology expansion and partner acquisitions.
As part of the deal, PacTech owner Chris Wright will join UPSTACK as a Partner and true equity stakeholder in one of the industry’s most innovative companies. He also will serve as an Advisor to business customers that are sourcing cloud, data center, network connectivity and unified communications through the UPSTACK platform.
“We’re excited to welcome Chris to the UPSTACK family,” said Christopher Trapp, CEO of UPSTACK. “Chris built PacTech into one of the fastest-growing technology agencies in only six years. This achievement is even more impressive, considering he pivoted to tech from a career in finance. I’m confident that his tenacity backed by the UPSTACK platform will be unstoppable.”
Source: UPSTACK
