Brunswick tech services firm acquired by NY company
Vital I/O Inc., a Brunswick information technology services firm, has been acquired by a New York company that provides managed tech services, Netsurit.
Terms were not disclosed in a news release announcing the deal Thursday.
Vital I/O, which has offices at 4 Industrial Parkway, offers managed IT services, cloud-based services, data security help and networking assistance to a variety of clients. The purchase of the firm is part of Netsurit's continuing U.S. market expansion and will extend its reach across the Northeast, according to the release.
In addition to its New York headquarters, Netsurit has offices in New Jersey and in South Africa. The company's annual revenue totaled over $35 million in 2022, the release said.
"We are thrilled to be welcomed into the Netsurit family and working with leaders who share our vision," said Fred Masciangelo, a principal with Vital I/O. "This expansion provides a significant increase in resources and depth of knowledge provided by Netsurit that will greatly benefit our customer base, enabling us to offer a greater range of world-class solutions."
Principal Tara Carpenter added, "we are looking forward to better meeting the diverse needs of our customers and combining our decades of experience with Netsurit's expertise."
Orrin Klopper, CEO of Netsurit, said in the release, "We know we will learn a lot from the Vital I/O leadership team and their people. This acquisition enhances our ability to provide world-class managed services to clients across the Northeast."
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