It’s at least a two-man job to talk about the mergers and acquisitions going on in this industry, particularly with Diversified Systems.
A few weeks ago, Diversified acquired Technical Innovation, a $180 million integration firm. Most recently, New Jersey-based Diversified has also acquired The Systems Group, a $30 million company based in Hoboken, New Jersey.
Prior to the Technical Innovation acquisition, Diversified was about a $215 million revenue company. Add in its $180 million acquisition of Technical Innovation and the $30 million dollars of revenue from The Systems Group deal, and it adds up to a $425 million revenue firm. While that is not the exact amount, it gives you an idea of how Diversified has really beefed itself up.
Hear more about the impact these acquisitions will have on Diversified and the industry from CI editor Tom LeBlanc and editor-at-large Craig MacCormack.