Coretelligent, a leading provider of comprehensive managed and co-managed white glove IT support, cybersecurity, backup and disaster recovery, and cloud services, and Norwest Equity Partners (NEP), a leading middle-market investment firm, jointly announced the acquisition of technology services and solutions provider Chateaux. The financial terms of the private transaction were not disclosed.
Based in Norwalk, CT, Chateaux has more than 30 years of experience developing technology-enabled business solutions that drive strategy and operations. Chateaux services clients in the finance, energy, healthcare and life sciences, and utility sectors and provides a range of project-based services, including digital transformation, emerging technologies, and more.
“We are pleased to welcome the Chateaux team and their elite clientele to the Coretelligent family. Our shared values, commitment to delivering an exceptional customer experience, verticalized expertise, and the complementary nature of our services and solutions made bringing the two firms together a decidedly straightforward decision,” said Kevin J. Routhier, Coretelligent Founder, President, and CEO. “The acquisition of Chateaux augments and further strengthens Coretelligent’s comprehensive suite of solutions and expands the resources and services we can offer our collective clients.”
The acquisition generates enhanced capabilities to meet the evolving needs of clients of both organizations, including digital transformation, DevOps, cybersecurity, IT strategy, and more.
“This acquisition will enable us to offer our clients a holistic framework of IT solutions, bringing cybersecurity, 24/7/365 support, IT strategy and planning, and many more capabilities to our existing digital transformation services,” shared Ken Zimmerman, Chateaux Founder, CEO, and Senior Solutions Architect. “We are confident that expanding our offerings to our collective clients will lead to joint success for all.”
Coretelligent and Chateaux will be aligned under the Coretelligent brand, with Chateaux being referred to as a Coretelligent company. Chateaux principals Ken Zimmerman, Mark Montanaro, and Vijay Rathna will remain in leadership roles.
The acquisition of Chateaux marks Coretelligent’s first acquisition since NEP added Coretelligent to its investment portfolio in October 2021. Coretelligent’s previous acquisitions include United Technology Group, LLC., SoundView IT Solutions, LLC., and Soundshore Technology Group.
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