ConvergeOne Acquires Advantel Networks – Strategic Acquisition Expands ConvergeOne’s National Footprint

EAGAN, Minn., Oct. 1, 2018 /PRNewswire/ — ConvergeOne Holdings, Inc. (Nasdaq: CVON), a leading  global IT services provider of collaboration and technology solutions, today announced that it has  acquired Advantel Networks, a premier solutions integrator headquartered in San Jose, California. 

Founded in 1984, Advantel delivers critical collaboration solutions and services, such as security, data  centers, storage and virtualization, unified communications, contact centers, cloud and integrated and  managed services, to businesses worldwide. As a result of the acquisition, Advantel is now Advantel,  a ConvergeOne Company. 

“With this acquisition, ConvergeOne gains the strategic resources to elevate our role as a leading  provider of multivendor collaboration technologies, support and services,” said John A. McKenna Jr.,  Chairman and CEO, ConvergeOne. “Advantel’s highly skilled employees and committed customer base  on the West Coast expands our presence from San Diego to Vancouver, a key area of opportunity for us  going forward.” 

ConvergeOne serves as a trusted advisor to more than 10,000 customers, including 62 percent of the  Fortune 100 and 48 percent of the Fortune 500 customers across the healthcare, finance,  manufacturing, education, and energy industries. Growth through acquisition is an integral part of  ConvergeOne’s long-term business strategy to develop a comprehensive portfolio that provides one of  the broadest and deepest solution offerings in the industry. 

“On behalf of my employees, we are thrilled to join such a successful team,” said Mark Ritchie,  President, Advantel, a ConvergeOne Company. “For over thirty years, Advantel has worked with small  businesses and Fortune 100 enterprises to reduce their infrastructure costs and simplify IT  administration. Our quality professional and managed services support is a natural fit with  ConvergeOne’s existing growing services portfolio and delivery base.” 

About Advantel Networks

Advantel™ Networks is a premier technology provider that designs, implements and maintains powerful  converged communication and data network solutions to businesses worldwide. For over 30 years,  Advantel Networks has focused on reducing infrastructure costs and simplifying IT administration for  SMB to Fortune 100 enterprises. Our company delivers critical business solutions and services, such as  Security, Data Centers, Storage and Virtualization, Unified Communications, Contact Centers, Cloud, and  Integrated and Managed Services. Advantel was recently named to The Channel Company’s CRN  Solution Provider 500 list, underscoring its value in the IT landscape. For more information,  visit advantel.com or connect with Advantel Networks on LinkedIn, Twitter and Facebook

About ConvergeOne 

Founded in 1993, ConvergeOne is a leading global IT services provider of collaboration and technology  solutions for large and medium enterprises with decades of experience assisting customers to transform  their digital infrastructure and realize a return on investment. Over 10,000 enterprise and mid-market  customers trust ConvergeOne with collaboration, enterprise networking, data center, cloud and security  solutions to achieve business outcomes. Our investments in cloud infrastructure and managed services  provide transformational opportunities for customers to achieve financial and operational benefits with  leading technologies. ConvergeOne has partnerships with more than 300 global industry leaders,  including Avaya, Cisco, IBM, Genesys and Microsoft to customize specific business outcomes. We deliver  solutions with a full lifecycle approach including strategy, design and implementation with professional,  managed and support services. ConvergeOne holds more than 6,000 technical certifications across  hundreds of engineers throughout North America including three Customer Success Centers. More  information is available at www.convergeone.com. 

Forward-Looking Statements 

This press release includes “forward-looking statements” including, but not limited to, statements  relating to the integration of Advantel, the operation of the Advantel business and the achievement of  synergies and efficiencies, in each case following the acquisition. These forward-looking statements  reflect ConvergeOne’s current views and information currently available. This information is, where  applicable, based on assumptions that ConvergeOne believes, as of the date hereof, provide a  reasonable basis for the information contained herein. Forward-looking statements can generally be  identified by the use of forward-looking words such as “may,” “will”, “would”, “could”, “expect” or other  similar words, and include statements regarding ConvergeOne’s plans, strategies, objectives and targets. 

These forward-looking statements involve known and unknown risks, uncertainties and other factors,  many of which are outside the control of ConvergeOne. These risks, uncertainties, assumptions and  other important factors include, but are not limited to: (1) the possibility that ConvergeOne may be  adversely affected by economic, business, and/or competitive factors; (2) ConvergeOne’s ability to  identify and integrate acquisitions and achieve expected synergies and operating efficiencies in  connection with acquired businesses; (3) changes in applicable laws or regulations; and (4) other risks  and uncertainties indicated from time to time in the reports ConvergeOne files with the Securities and  Exchange Commission including its Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q. 

Actual results, performance or achievements may differ materially, and potentially adversely, from any  forward-looking statements and the assumptions on which those vary from forward-looking statements  are based. You are cautioned not to place undue reliance on forward-looking statements as a predictor 

of future performance as such statements are inherently subject to various significant risks,  uncertainties and other factors, many of which are beyond ConvergeOne’s control. All information  herein speaks only as of the date hereof. Except as required under applicable law, ConvergeOne  undertakes no duty to update or revise the information contained herein. 

Media Contact: 

Scott Clark 
Vice President, Marketing, ConvergeOne 
651.393.3957 
[email protected] 

Investor Relations: 

Scott MacDonald 
651.393.6399 
[email protected] 
SOURCE ConvergeOne 
Related Links 

http://convergeone.com