September 30, 2021 - ISC Group LLC Acquires Mosaic Technology Corporation Direct Sales Division
San Diego, CA, September 30, 2021 – Maintenance and storage provider, ISC Group LLC, acquired the direct sales division of Mosaic Technology Corporation, a global reseller and solutions provider based in Portsmouth, NH. Agile Equity served as the exclusive investment banking advisor to Mosaic Technology throughout the transaction.
ISC Group is a leading provider of third-party maintenance and support across the globe. The acquisition will expand their offerings to include IT solutions for Hybrid, Private, and Public Cloud environments. This includes data storage, data management, desktop, server, networking, backup, disaster recovery, performance optimization, software, email and much more. ISC Group will also be taking on existing authorizations of Mosaic product partners and maintain existing service contracts held by Mosaic.
“We’re thrilled to bring in the expertise of a well-seasoned team in this new space. Acquiring Mosaic’s direct sales division is in line with ISC’s sales growth strategy, allowing us to expand product offerings to our customers looking to modernize their data center needs; while continuing to support their out of warranty equipment,” says Joel Chait, Director of Sales at ISC Group.
Mosaic Technology will still maintain and focus exclusively on its brokerage sales division. This includes the resale of enterprise level servers, storage, and networking equipment. Mosaic will also continue to offer a wide variety of professional services, including asset buyback, asset management, data sanitization and data destruction, advanced exchange programs, and more.
“We are excited to switch our primary focus back to the IT hardware market,” says Tom Desmet, CEO & President of Mosaic Technology Corporation. “It is where our expertise lies, and we have a devoted reseller sales team who will benefit from having our company bandwidth redirected to focus primarily on brokerage sales.”
About ISC Group
Established in 2003 with global headquarters in San Diego, CA, ISC Group specializes in out-of-warranty data storage technical support. They understand the high cost of equipment downtime on your business. That’s why They are dedicated to keeping clients’ critical data systems in top working order by offering technical support, customized proprietary hardware monitoring solutions, as well as on-site professional services. They operate in North/Central/South America, Europe and Asia-Pacific and have more than 700 field engineers available for on-site calls. They service customers in many industries, including government and public agencies, finance, banking, insurance, aerospace, IT, food & beverage, chemical, pharmaceutical, health, education, oil & gas, etc. Learn more: https://iscgroupllc.com/
About Mosaic Technology Corporation
Mosaic Technology is a global reseller of enterprise servers, networking, and storage equipment headquartered in Portsmouth, NH and established in 1994. Mosaic buys, sells and inventories new and used Oracle/Sun, HPE, IBM, Dell, NetApp, Cisco and numerous other storage and networking products. They specialize in building configured systems and offer extensive options. Mosaic also offers asset buyback, asset management, data sanitization and data destruction, advanced exchange programs, and many other professional services. Learn more: https://www.mosaictec.com/
About Agile Equity
Established in New York City in 1996, Agile Equity is a leading investment banking firm that provides a wide range of services to companies worldwide. Agile Equity has become the bank of choice for companies by offering its clients in-depth industry knowledge, financial expertise, access to key relationships and excellent service. Their dedication to clients, combined with their extensive network of business relationships and proven execution capabilities, makes them a trusted advisor to their corporate clients. Learn more: https://agileequity.com/