Spire Capital backed Dynamic Quest Completes Third Acquisition of 2020 to Continue its Growth in Managed IT
Dynamic Quest, a managed service provider offering IT and cloud services to enterprises and businesses, completed the acquisition of Southern Data Solutions (“SDS”), an Atlanta, Georgia-based managed services provider.
Dynamic Quest, led by CEO & Founder Javier Gomez, continued with its strategic vision to expand in the Southeastern United States with the acquisition of SDS. This marks the fifth acquisition for Dynamic Quest since the formation of its partnership with Spire Capital in Q2 2018.
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Javier Gomez, CEO of Dynamic Quest conveyed, “Dynamic Quest continues to grow organically and is strategically acquiring businesses to add greater breadth to our services portfolio and geographic reach to better serve our clients and partners. The team at SDS has done a fantastic job building up a great company that provides its customers with dependable, critical IT services. This marks our second acquisition in Georgia in Q3 2020 and we are very excited to welcome the SDS team to the Dynamic Quest family.”
Founded in 2005, SDS offers managed IT, disaster recovery and hosting services to businesses and enterprises across a wide variety of verticals. Approximately 75% of SDS’s revenue is recurring with a strong, loyal customer base. The SDS team members will join Dynamic Quest and continue to serve the Georgia market.
Jeff Davis, President of SDS relayed, “We are thrilled to be joining Dynamic Quest and positioning ourselves to better serve our current customers by leveraging Dynamic Quest’s infrastructure, broader solution set, and scale. Our team and customers look forward to the significant benefits we’ll soon be delivering.”
The transaction will enhance Dynamic Quest’s market share in Georgia and provide the ability to cross-sell some services to SDS’s customer base that are not currently offered. Dynamic Quest will look to leverage its infrastructure including its data center, centralized remote delivery team, and sales and marketing initiatives to enhance service solutions for end clients and accelerate growth.
