Press Release: Kelser Corporation Acquires Foundation Systems Group, LLC
Hartford, CT – Kelser Corporation, a leading provider of technology solutions, announced today the completion of the acquisition of Foundation Systems Group, LLC (FSG), a Connecticut based network infrastructure specialist firm. The buyout comes after a recent expansion of Kelser’s East Hartford, CT headquarters and demo center. The FSG acquisition enhances the company’s networking infrastructure arm of their Professional Services group and aligns with Kelser’s short and long term objectives.
After weeks of negotiations between the two companies, the transaction was announced as an all cash buyout for an undisclosed sum effective August 22, 2013.
Ryan Zaushny, FSG’s co-founder and Principal Consultant, will join Kelser in a leadership role, managing their networking infrastructure practice. Zaushny co-founded FSG in 2000 and has over 20 years of industry experience. The company has flourished through the years, providing networking-centric products, services, and solutions to customers worldwide. The synergies between FSG and Kelser led to the acquisition.
“I am very excited about this change, as it will allow us to provide an increased level of customer care to our existing customers, as well as develop and increase the depth and breadth of services we can offer to our newly expanded customer base. The acquisition by Kelser was the logical choice for us to continue to grow and scale to meet current and future customer demand. I look forward to our future as part of the Kelser family!”
Part of the Kelser’s strategic growth plan includes a focus on IT infrastructure services. The acquisition of FSG augments their current capabilities. Customer satisfaction is paramount at Kelser, and these solution offerings are designed to meet customer demands now and into the future.
“The FSG business model aligns harmoniously with our mission and objectives,” related Kelser President & CEO Barry Kelly. “I believe this acquisition will provide strong networking infrastructure capabilities to our current customers, as well as give us the opportunity to provide FSG’s customers with our world class services.”
2013 has been a busy year for Kelser. They have experienced positive growth, increasing their workforce by 18% this year alone. Earlier in the year their East Hartford headquarters underwent renovations, reconfiguring and updating their offices and adding a state of the art technology demo center. Kelser is currently listed in CRN’s Solution Provider 500 list at #204, their first time on the prestigious list alongside the nation’s top technology solution firms. On the heels of this recent acquisition, the sky seems to be the limit for this New England tech company.
About Kelser Corporation
Kelser Corporation delivers high performance technology solutions to the enterprise and commercial markets. Clients include some of the most recognizable companies in America today. Today, Kelser continues to provide innovative products and leading edge services designed to provide maximum stability, security, and scalability. Their business is focused on Professional Services which includes Project Management, Engineering, and Executive Solutions, and Supply Chain Products and Services.
Kelser is headquartered in East Hartford, CT. To learn more about Kelser, visit www.kelsercorp.com and follow us on twitter (@kelsercorp).