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Brook Portfolio Company Apogee IT Services Acquires DSM Computing Solutions

Apogee IT Services, a managed IT services company headquartered in Pittsburgh, PA, announced today that it has acquired DSM Computing Solutions, an IT services provider based in Toronto, Ontario.  Operating as Canada-based company Apogee IT Services Canada, Toronto becomes Apogee’s third major operations center, joining Pittsburgh and Boston.

The addition of the Toronto operation continues the strategic extension of Apogee’s world-class IT service offerings across northeastern North America.  Brook Venture Partners of Wakefield, MA led the acquisition of DSM Computing Solutions in conjunction with co-investor Blue Heron Capital, a private equity firm based in Richmond, VA.

“Our vision is to provide world-class IT services to SMBs across the northeast,” said Michael Halperin, CEO of Apogee IT Services. “It is especially exciting for us to grow internationally and we are fortunate enough to have combined with DSM, who aligns with Apogee’s culture and high standards for service delivery.”

“As we got to know DSM, we knew it would be a great match for everyone involved,” added Dave Minker, Apogee’s CTO.  Minker is also founder of CMIT Solutions – Boston, a managed IT services company Apogee acquired in April 2015.

DSM Computing Solutions was founded in 1988 and grew through the evolution of the IT industry. For the past 10 years, DSM has been a pioneer in cloud computing. Sheldon Waters, owner and CEO of DSM, wanted to unite with another managed services provider who has a similar track record of outstanding operations and client retention. “We know Apogee’s standard for service delivery and how much attention they pay to their clients,” said Waters. “Coming together will make us stronger and enable us to provide more to our customers, while also providing new career opportunities for our staff. It’s a win-win for all parties.”

“We are excited to welcome another company into the Apogee family,” said Fred Morris, a partner at Brook Venture and Apogee’s Chairman. “Toronto is a thriving market and it has room for a world-class IT service provider like Apogee. Any small- and medium-sized business would do well to reach out and have a conversation about their current technology needs.”

As the two companies join together, Apogee and DSM Computing Solutions expect minimal near-term operational impact to existing clients.

Headquartered in Pittsburgh and with operations around the northeast, Apogee IT Services was founded in 1990 under the original name of PC Network Services. In April 2014, Halperin assumed the role of Chief Executive Officer. Since then, the company has nearly tripled monthly revenue.  In 2016, Apogee was named one of Western PA’s Fastest Growing Companies by the Pittsburgh Business Times and ranked highly on the MSPmentor 501 Report, a comprehensive list of the top managed services providers worldwide.

For more information on Apogee IT Services and DSM visit www.apogeeITservices.com and http://www.dsm-corp.com/, respectively.

January 20, 2017