M&A Deals That Reshaped The Channel: October 2016
Submitted by Michael Novinson and Jimmy Sheridan on
13. Red River
Company acquired: Accunet Solutions
Head count: 11-50 employees
Annual revenue: Not disclosed
Purchase price: Not disclosed
Date of announcement: Oct. 26
Government-focused solution provider Red River, No. 52 on the 2016 CRN Solution Provider 500, is expanding its commercial business and geographic reach with the acquisition of Boston-based Accunet Solutions, No. 292 on the 2016 CRN Solution Provider 500.
Accunet brings to Claremont, N.H.-based Red River a very strong Dell EMC technology partnership, as well as a strong commercial business. About 20 percent of Accunet's business is with government entities.
The company also gets Accunet's entire team, including founder and CEO Alan Dumas, who will serve as president of Red River's commercial division, and Mark Matheson, Accunet vice president, who will serve as Red River's new vice president of commercial sales.
