Concierge Communications, a master agency based in Tempe, Ariz., announced the acquisition of one of its subagents, Streamline Management Group, a technology optimization company based in Phoenix. Terms of the deal were not disclosed.
This is the second acquisition for Concierge Communications this year. It acquired another of its subagents, JB Telecom Consultants, in April.
SMG, at less than two years old, is a relatively new agency, but with expertise in midsize accounts, telecom expense management and auditing, and energy services, said Perry Chrisler, founder and president of Concierge Communications.
The expertise of SMGs founders was a significant driver behind the purchase, Chrisler said, noting its very difficult to find veteran talent required for the consultative model Concierge Communications had developed.
Gregory Garbero, SMGs co-founder and director, will join Concierges business development team as a senior account manager.
Gregory has a rich history in the communications industry and his previous experience with our portfolio will make him a welcomed member in our company, Chrisler said in a press statement. In addition, Streamlines expertise in enterprise audits brings a new and valuable product to Concierge.
Indeed Chrisler said SMGs competencies in the auditing, sustainable IT and energy optimization also would be welcome diversification platforms for Concierge Communications, which already boasts an automated back office and TEM practice.
Im very excited to combine the core strengths we have built at Streamline Management Group with the advanced portfolio of services, specialized customer support and technical expertise at Concierge Communications, said Garbero in a press statement. With the combined strengths and resources of our companies, we are positioned to become an even more superior resource to our clients. Concierge has the advanced solutions, technical support and team structure that will be a benefit to my previous clients.
SMG also brings some midsize-to-large clients to the table, Chrisler said. More importantly is the founders contact list of potential customers. SMG booked an estimated 70 percent of its business through Concierge Communications, Chrisler said.