IT Solutions Providers ACP and CCCP Have Merged
BUFFALO GROVE, Ill. & GREEN BAY, Wis.--(BUSINESS WIRE)--Oct 3, 2018--ACP (Arlington Computer Products), an IT solutions provider based in Chicago and Atlanta, announced it has merged with Camera Corner Connecting Point (CCCP), an IT and audio-visual solutions provider based in Green Bay, Wisconsin. Taken together, the businesses have more than 100 years of family ownership heritage and more than $3 billion of IT and audio-visual solutions delivered since inception.
CCCP’s mission is “to provide world-class technology solutions with an unwavering commitment to our customers, vendor partners and employees, while providing an environment that encourages profitable growth, learning, and fun.” CCCP’s suite of solutions include IT, audio-visual, VoIP, managed services, physical security, and retail – across a diverse set of end markets such as business, government, education, and healthcare. Rick Chernick, CCCP’s CEO and majority shareholder, Rebecca Chernick, CFO, and Ryan Chernick, President, will continue in their leadership roles running CCCP, be significant shareholders in the combined company, and keep CCCP’s name, local presence/locations, and customer relationships that have defined its success since being founded more than 65 years ago. In announcing the decision to merge, Rick stated, “While we’ve been lucky to have had many opportunities to sell or merge over the years, ACP is the only one that finally made sense…we see a great company, a shared set of values, and a leadership team we will work well with...and we see only upsides with us bringing more solutions to our customers, providing more opportunities for our employees, and developing deeper relationships with vendor partners…most importantly, we stay in Green Bay, keep our name, and keep our unwavering commitment to our people, their families, and the community…we are not going anywhere.”
Arly Guenther, CEO of ACP, was thrilled to share the news of merging with both customers and employees. “Having been in this business since founding ACP more than 35 years ago, I can appreciate all CCCP has to offer, and how much we will complement each other…our customers are going to see enormous value and benefit.” Scott Dunsire, President of ACP, added, “In my previous role running Channels for the Americas at Hewlett-Packard, I had the opportunity to work with many distinguished partners… but even among that elite group, my friend Rick Chernick and CCCP stood out…we are delighted to be welcoming him and his entire team and customer base to the ACP family.”
The combined businesses will have more than $150 million of revenue, more than 250 employees, and be a top solutions provider for many leading OEMs in the Americas. ACP was Partner of the Year with Dell Technologies in 2018, and the combined company will be a top 25 partner of Hewlett-Packard nationwide going forward. The merger will enhance the combined company’s continued focus and track record of reducing IT total-cost-of-ownership and risks for customers ranging from Fortune 100 companies to small businesses, while consistently delivering outstanding customer satisfaction. The company will continue to maintain and grow its office locations in Buffalo Grove, IL, Green Bay, WI, Atlanta, GA, downtown Chicago, and London, UK.
The controlling shareholder of the combined entity will be The Zaf Group, the family office of Mike and Robin Zafirovski. “We see ACP and CCCP as having the potential to be a textbook case of 1+1>3,” said Mike, Chairman of the Board of the combined entity and Founder and President of The Zaf Group. “CCCP is a natural part of our strategy begun a year ago to use ACP as a platform to invest in capabilities, grow organically, and help combine/scale exceptionally well-run businesses in the IT space… as both Arly and Rick have demonstrated, if you take care of your customers and employees, good things happen.” Dan Braga, Partner/COO at The Zaf Group and a Board Member of the combined entity, added, “We’ve met with more than 100 family business owners, and it is hard for us to express our deep level of respect for the business, and team, that Rick has built… we look forward to doing continued great things together.”
Rick Chernick will join ACP’s Board of Directors alongside Zafirovski, Guenther, and Braga. Chernick also currently serves as Board Member for the Green Bay Packers of the National Football League.
The merger was effective October 1 st.
View source version on businesswire.com:https://www.businesswire.com/news/home/20181003005101/en/
KEYWORD: UNITED STATES NORTH AMERICA GEORGIA ILLINOIS WISCONSIN
INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT HARDWARE INTERNET NETWORKS AUDIO/VIDEO TELECOMMUNICATIONS SECURITY VOIP
SOURCE: Arlington Computer Products
Copyright Business Wire 2018.
PUB: 10/03/2018 07:30 AM/DISC: 10/03/2018 07:31 AM