LOUISVILLE, February 22, 2021 – Soterra Capital is pleased to announce the acquisition Engaged Pro, a prominent and fast-growing IT/Telecom solutions firm, as part of its strategic growth initiative. Within the portfolio, SinglePoint Solutions and EngagedPro form a combined organization, SinglePoint Communications Group (SCG), which will continue to focus on providing the end user with comprehensive technology expertise and services.
Founded in 2016 by a team of industry veterans, EngagedPro has built a customer-centric approach to help businesses navigate the ever-important communications and technology landscape. The company serves as an independent, objective, and transparent advocate for customers, which aligns well with the company culture. This acquisition will enable both companies to enter new markets, execute further upon strategic engagements, and provide a broader level of service to their respective customers. “The EngagedPro team brings a unique set of experiences, a fantastic client base, and strong and growing pipeline to our portfolio. Further, we have a strong alignment in culture, vision and values that makes this acquisition much greater than the sum of its individual parts.” said Mark Franco, Managing Partner with Soterra.
About Soterra Capital
Soterra Capital is a private investment firm with offices in Austin, Texas and Louisville, Kentucky and is backed by several family office around the country. The firm invests in lower middle market, private companies with capable management teams, fundamentally strong operations and a commitment to excellence, integrity, family and faith. The managing partners are Mark Franco and Jeremy Carter.
SinglePoint Solutions was founded in 1999 and is headquartered in Louisville, Kentucky. It operates as a technology solutions consultant that serves small to medium sized businesses. The company offers comprehensive technology audits and sells a broad array of communications, connectivity, security and data services, custom architected to meet customer’s needs and deliver substantial cost savings.
SOURCE – Soterra Capital, LLC