Convergint acquires Alphacorp

Deal expands company’s geographic coverage in Utah, Idaho and Wyoming
Wednesday, March 7, 2018

SCHAUMBURG, Ill.—Convergint Technologies, a global systems integration company based here, announced the acquisition of Utah-based Alphacorp, a full-service provider of security, fire and life safety systems founded in 1992.

Dan Moceri, executive chairman and co-founder of Convergint Technologies, said he is excited to bring the entire Alphacorp team of 53 colleagues, including company president Mike Painter, into the Convergint family.

“We are excited about not only the talented colleagues but the leadership, which really adds some strength to the Convergint team as well,” Moceri told Security Systems News. “Alphacorp brings a strong service-based culture and the ability to support complex solutions to our combined customers. The deep expertise of their colleagues will be a valuable addition to Convergint Nation.”

With a location in West Valley City, Utah, Alphacorp will expand Convergint’s geographic coverage within Utah, Idaho, and Wyoming, and brings strong experience in sophisticated systems integration, especially within the healthcare vertical market.

“They have been our go-to integrator in the Salt Lake area so they fill a geographic need that allows us to better service those customers in the West,” said Moceri. “They also bring strong integration skills, not only in healthcare but in other markets, too, in both the electronic security and life safety areas as well. Overall, we are very excited about what they bring to the Convergint team in that part of the country.”

Painter said in the announcement, “After many years of teaming up with Convergint, we have found that we share many of the same key organizational values. Combining our resources will allow us to provide more comprehensive services to our customers and offer our colleagues exciting avenues for renewed growth. These new opportunities drove our decision to join the Convergint team.”

Founded in 2001, Convergint has experienced strong growth year over year, and has completed 15 acquisitions in the last two years.

“We continue to grow at a very similar clip to the last few years, and half of that growth comes organically and half comes through acquisitions, both domestically and internationally,” said Moceri. “So you will see some additional acquisitions this year on both the domestic front and in international markets as well.”

Convergint entered a new financial partnership with a fund managed by the Private Equity Group of Ares Management, L.P., in February. Following the partnership’s announcement, Moceri said that Convergint would keep a similar acquisitive pace.