Bluewave Technology Group, a strategic, high-growth technology advisory and lifecycle management company, announced that it has acquired Virtual Telecomm, a technology advisory and IT transformation agency. The terms of the transaction were not disclosed. This is the fifth acquisition within the past 12 months for Bluewave, and further builds upon the company’s growth strategy with the recent capital raised.
Virtual Telecomm provides forward-thinking solutions to companies seeking value and scalability by guiding them through the technology buying process. Founded in 2004 by Mark White and joined later by business partners Michael White in 2006 and Jason Hulsewede in 2010, the team grew the company into a leading network and communication transformation agency for mid-sized enterprises. The award-winning company has served as an important cornerstone of the Louisville community. It ranked top ten Best Places to Work in the Greater Louisville area for the past three years and is an official partner and Internet provider of Louisville City Football Club.
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As part of the acquisition, Virtual Telecomm’s Founder and Chief Strategy Officer, Mark White; Vice President of Partnerships, Michael White; and President, Jason Hulsewede will join Bluewave as Ambassadors and equity partners, continuing to focus on client success and Bluewave’s growth. The Virtual Telecomm team will join the company and continue providing strategic IT advisory services and excellent support to the expanded client base.
“Mark, Michael, and Jason have created a great company. Their vision aligns with Bluewave’s purpose: to help companies purchase and manage technology in a better way that optimizes their business outcomes,” said Seth Penland, Founder and CEO of Bluewave. “We are excited to welcome the Virtual Telecomm team and have their leadership team’s guidance going forward as we build upon the strong foundation established in Louisville.”
This acquisition further strengthens Bluewave’s position as a technology lifecycle management provider. As clients’ needs and expectations change and the emergence of new technology disrupts business operations, the competitive insight to acquire the best solution providers to navigate the changing industry dynamics and rapid development cycle becomes a necessity. With Virtual Telecomm, Bluewave can accelerate the company’s go-to-market strategy with top talent capable of exceeding client expectations.
“We believe that there has never been a more important time for companies to have the right solutions to compete in today’s economy,” said Mark White, Founder and Chief Strategy Officer of Virtual Telecomm. “We are thrilled to join forces with the ever-growing Bluewave team, who shares our values and believes in the continued investment across the company to ensure our customers have the best experience and ultimately achieve the best outcomes from their IT investments.”