Ascend Technologies and Doextra CRM Solutions Join Forces in PE Backed Merger

January 5, 2021

Ascend Technologies and Doextra CRM Solutions Join Forces in PE Backed Merger

Salesforce development and business process capabilities differentiated with managed services offerings. From implementations to ongoing operations and iterative development at any scale, our joined forces provide a full suite of services to drive the most value out of investments in Salesforce.

CHICAGO AND DES MOINES, IOWA (PRWEB) JANUARY 05, 2021

Ascend Technologies, LLC., a leading Midwest IT solution provider, today announced a merger with Doextra CRM Solutions, LLC., a leading firm specializing in custom Salesforce implementations and consulting.

With extensive knowledge and background in the insurance and finance industries as well as Salesforce product offerings, Doextra’s team has successfully completed over 750 projects and has maintained a 13-year partnership with Salesforce. With the backing of private equity firm M/C Partners, the two companies will merge to extend and grow their respective strengths in Salesforce solution offerings.

“Ascend continues to focus on enabling our clients’ digital transformation and journey to the cloud,” said Wayne Kiphart, CEO, Ascend. “The merger with Doextra allows us to continue that mission by strongly positioning us with the ability to evaluate and enhance our clients’ business processes as well as implement and improve their existing or new Salesforce solutions. Ascend continues to differentiate it’s value with our ability to manage these solutions in an on-going capacity for our clients. We are excited to welcome Doextra’s entire team of experts to our Ascend family,” continued Kiphart.

“At Doextra, we are proud of our 23-year history providing leading-edge CRM solutions to a wide variety of customers on a global basis,” said Brad Williams, CEO, Doextra. “The opportunity to merge with Ascend Technologies gives Doextra the ability to grow our talent and expertise while offering a broader array of high-demand technology services to our prospects and customers. We could not be more excited about the chance to grow our Salesforce practice with Ascend Technologies and M/C Partners, a $2.2 billion private equity firm committed to our success,” said Williams.

The combined organizations will have over 195 U.S.-based professionals and offices in Chicago, Illinois and Lincoln, Nebraska.

The transaction was facilitated by martinwolf, a leading M&A advisory firm focusing exclusively on the middle-market IT industry.

ABOUT ASCEND TECHNOLOGIES
Ascend Technologies is a far cry from your run-of-the-mill managed services provider. Our team of over 150 U.S.-based information technology professionals enable business growth through innovation and technology. Ascend helps business leaders make IT investments with confidence, eliminate cybersecurity threats, meet the needs of the business and optimize user productivity. Businesses endure, grow and innovate on a foundation of efficiently run core IT systems. Ascend makes technology the catalyst for business expansion. To learn more visit teamascend.com.

ABOUT DOEXTRA
Founded in 1997, Doextra is a forward-thinking consulting firm helping companies leverage technology to improve sales, service, marketing, and operational effectiveness. Specializing in custom CRM solutions featuring Salesforce Platform. Doextra is home to experts in Financial Services Cloud, Sales Cloud, Service Cloud, Communities, and AppExchange Solutions. We are a team who delivers technology you can count on. To learn more visit doextra.com.

ABOUT M/C PARTNERS
Based in Boston, M/C Partners is a private equity firm focused exclusively on the communications, information technology services and media sectors. The firm has invested over $2.2 billion of capital into over 130 companies, generally investing in companies with enterprise values of $25 million to $250 million. Related current and prior investments include Cavalier Telephone, Carbon60, Ensono, Everstream, Fusepoint, Denovo, ICG Communications, Involta, Lightower, Neutral Connect Networks, NuVox, Thrive Networks and Zayo Group. The firm has strong institutional backing from the nation’s leading pension funds and endowments as well as a long track record of success. For more information, visit mcpartners.com.

ORIGINAL SOURCE: https://www.prweb.com/releases/ascend_technologies_and_doextra_crm_solutions_join_forces_in_pe_backed_merger/prweb17640092.htm

Zack Halpryn

Zack Halpryn is an Associate at M|C Partners, where he focuses on investment opportunities in the digital infrastructure and technology services sectors. Prior to joining MC, Zack worked at HarbourVest Partners, where he was focused on buyout and growth equity investments. Previously he worked at Performance Equity Management and Credit Suisse. Zack received a B.B.A in Finance (summa cum laude) from the Isenberg School of Management at UMass Amherst. He currently lives in Boston’s West End and in his spare time enjoys playing sports (volleyball, basketball, golf), reading and watching the Celtics.

Joined

2023

AFFILIATED PORTFOLIO

AccessParks
Ascend Technologies
Carbon60
Denovo
TowerCom

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BOARD POSITIONS

celito

Established in 1999 and based in Raleigh, is a trusted, local communications and managed services provider to businesses leveraging its fully owned fiber network. celito creates technology solutions for businesses across all sectors both large and small. From supplying high-speed Internet service, to providing quality VoIP telecom service, to setting up your office network, they offer turnkey solutions from the desktop to the cloud

TEAM MEMBERS

GSC

RDC

KA

SECTOR

Jason P. Stutman

Jason Stutman is a Senior Fund Accountant at M/C Partners, responsible for the cash management of co-investment vehicles, preparing quarterly financial statements, and communication with Limited Partners. Prior to joining the firm in 2023, Jason worked in the Portfolio Analytics Group at HarbourVest Partners. He earned a BSBA with honors in Finance with a minor in Computer Information Science from The Ohio State University. Jason lives in South Boston and enjoys cheering on Boston sports teams, playing hockey and golf and traveling.

Joined

2023

AFFILIATED PORTFOLIO

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BOARD POSITIONS

Cuba Burch Berner

Cuba Burch Berner is an Associate at M|C Partners, where he focuses on investment opportunities in digital infrastructure and technology services. Prior to joining the firm in 2022, Cuba was an Equity Research Associate at Citi covering infrastructure companies within the telecommunications industry, including data centers and wireless towers. He holds a B.S. in Mathematics with a specialization in Economics from the University of Chicago. Cuba currently lives in Boston’s West End and enjoys a myriad of outdoor activities including running, swimming, hiking, and skiing.

Joined

2022

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AFFILIATED PORTFOLIO

Ascend Technologies
Consortium Networks
C3 Integrated Solutions
SoniqWave

AccentHealth

AccentHealth operates an out-of-home advertising network that reaches over 12,000 physician office waiting areas in the U.S. – JOHN WATKINS

TEAM MEMBERS

JWW

SECTOR

IT SERVICES

James F. Wade

Jim Wade co-founded M/C Partners in 1986 with Dave Croll. He has been investing in communications and technology services since the advent of wireless and broadband, cornerstones of the firm’s sector focus. As Chairman, he manages the firm’s investment process, and continuously seeks out management teams, company prospects and financial resources to grow the portfolio. Jim’s successful track record includes MetroPCS (IPO), Lightower Holdings (acquired by Berkshire Partners), Cavalier Telephone (acquired by PAETEC), NuVox Communications (acquired by WindStream), Attenda (acquired by Darwin Private Equity), Melita (acquired by Apax Partners), PR Wireless (joint venture with Sprint affiliate in Puerto Rico), Thrive Networks (acquired/recapitalized by Court Square) and Involta (acquired by Carlyle Group). Today he serves as a director on the Board of Connectivity Wireless and has responsibility for Omega Wireless. Jim graduated from the University of Notre Dame a B.B.A in Finance and received an MBA from Harvard Business School. He lives outside Boston with his wife and four children. Jim was an avid boater and is now an average golfer.

JOINED

1986

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BOARD POSITIONS
Connectivity Wireless

Abhishek Rampuria

Abhishek (A.B.) is a Partner at M/C Partners, where he leads origination, deal diligence and portfolio company support for investments in a variety of communications and technology services segments. He currently serves on the Board of Ascend Technologies, Connectivity Wireless, Edafio Technology Partners, TowerCom and serves as a Board Observer for Thrive Networks. A.B. previously served as a Board Observer for Ensono (acquired by KKR) and QOS Networks (acquired by Zayo). Prior to joining M/C Partners in 2015, A.B. worked at Altman Solon (formerly Altman Vilandrie), a technology, media & telecommunications focused strategy consulting firm, where he completed projects for both operating companies and private equity investors. A.B. received a B.S. in Materials Science & Engineering from the Massachusetts Institute of Technology. He lives in Boston’s South End and outside of work, enjoys skiing, cycling, traveling and cheering on his home-town Patriots and Celtics.

Joined

2015

AFFILIATED PORTFOLIO

Thrive Networks

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BOARD POSITIONS

Ascend Technologies
Connectivity Wireless
Edafio Technology Partners
TowerCom