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ePlus Acquires PEAK Resources, Inc.

PUBLIC · PLUSJan 29, 2024

Acquiring Company

ePlus

Acquired Company

PEAK Resources

HerndonDenverInformation TechnologyIT Services and IT Consulting

Description

ePlus inc. has announced the acquisition of certain assets of PEAK Resources, Inc. (PEAK). This acquisition strengthens ePlus' market presence in the Mountain West region and will help drive additional growth with enhanced engineering, sales, and services delivery capabilities in the mountain west region.

Quick answer

ePlus is acquiring PEAK Resources, announced January 29, 2024. ePlus is based in Herndon, Virginia, United States.

How much did ePlus pay for PEAK Resources?
The deal value was not disclosed.
What does ePlus do?
inc. ePlus has an unwavering and relentless focus on leveraging technology to create inspired and transformative business outcomes for its customers.
Where are ePlus and PEAK Resources based?
ePlus is based in Herndon, Virginia, United States. PEAK Resources is based in Denver, Colorado, United States.
Who are the decision-makers at ePlus?
Fundz holds 1 contact at ePlus. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

ePlus

Location

13595 Dulles Technology Drive

Herndon, Virginia, United States

About

inc. ePlus has an unwavering and relentless focus on leveraging technology to create inspired and transformative business outcomes for its customers. Offering a robust portfolio of solutions, as well as a full set of consultative and managed services across the technology spectrum, ePlus has proudly achieved more than 30 years of success in the business, carrying customers forward through adversity, rapidly changing environments, and other obstacles. ePlus is a trusted advisor, bringing expertise, credentials, talent and a thorough understanding of innovative technologies, spanning security, cloud, data center, networking, collaboration and emerging solutions, to organizations across all industry segments. With complete lifecycle management services and flexible payment solutions, ePlus' more than 1,500 associates are focused on cultivating positive customer experiences and are dedicated to their craft, harnessing new knowledge while applying decades of proven experience. ePlus is headquartered in Virginia, with offices in the United States, UK, Europe, and Asia‐Pacific. For more information, visit www.eplus.com, call 888-482-1122, or email info@eplus.com. Connect with ePlus on LinkedIn, Twitter, Facebook, and Instagram. ePlus, Where Technology Means More®. ePlus®, Where Technology Means More®, and ePlus products referenced herein are either registered trademarks or trademarks of ePlus inc. in the United States and/or other countries. The names of other companies, products, and services mentioned herein may be the trademarks of their respective owners. Statements in this press release that are not historical facts may be deemed to be "forward-looking statements." Actual and anticipated future results may vary materially due to certain risks and uncertainties, including, without limitation, the duration and impact of COVID-19 and the efficacy of vaccine roll-outs, which could materially adversely affect our financial condition and results of operations and has resulted worldwide in governmental authorities imposing numerous unprecedented measures to try to contain the virus that has impacted and may further impact our workforce and operations, the operations of our customers, and those of our respective vendors, suppliers, and partners; national and international political instability fostering uncertainty and volatility in the global economy including an economic downturn, an increase in tariffs or adverse changes to trade agreements, exposure to fluctuation in foreign currency rates, interest rates and downward pressure on prices; our ability to successfully perform due diligence and integrate acquired businesses; the possibility of goodwill impairment charges in the future; reduction of vendor incentive programs; significant adverse changes in, reductions in, or losses of relationships with one or more of our largest volume customers or vendors; the demand for and acceptance of, our products and services; our ability to adapt our services to meet changes in market developments; our ability to implement comprehensive plans to achieve customer account coverage for the integration of sales forces, cost containment, asset rationalization, systems integration and other key strategies; our ability to reserve adequately for credit losses; our ability to secure our electronic and other confidential information or that of our customers or partners and remain secure during a cyber-security attack; future growth rates in our core businesses; our ability to protect our intellectual property; the impact of competition in our markets; the possibility of defects in our products or catalog content data; our ability to adapt to changes in the IT industry and/or rapid change in product standards; our ability to realize our investment in leased equipment; our ability to hire and retain sufficient qualified personnel; and other risks or uncertainties detailed in our reports filed with the Securities and Exchange Commission. All information set forth in this press release is current as of the date of this release and ePlus undertakes no duty or obligation to update this information. SOURCE ePlus inc.

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Frequently asked

Who acquired PEAK Resources?

PEAK Resources was acquired by ePlus, based in Herndon. The deal was reported on January 29, 2024. inc. ePlus has an unwavering and relentless focus on leveraging technology to create inspired and transformative business outcomes for its customers. ePlus is publicly traded (PLUS) and operates in Information Technology.

When did ePlus acquire PEAK Resources?

ePlus's acquisition of PEAK Resources was reported on January 29, 2024. ePlus inc. has announced the acquisition of certain assets of PEAK Resources, Inc. (PEAK). Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does PEAK Resources do?

We help companies architect and implement contemporary technology solutions that enhance their ability to succeed in today’s digitally driven business landscape. It is privately held, operating in IT Services and IT Consulting, and is based in Denver.

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