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SDM Newswire

Convergint Technologies Deepens Expertise in Financial & Healthcare Industries With Two Acquisitions

Convergint
December 3, 2020

Convergint Technologies, a global provider in service-based systems integration, announced the acquisition of Innovative Medical Systems (IMS), a value-added reseller of select acute care and technical products for hospitals, and the acquisition of Smith Hamilton Inc., a provider of equipment and security solutions for financial institutions. Both acquisitions will further deepen and expand Convergint’s presence within the financial and healthcare markets in the United States.

IMS and Smith Hamilton Inc. each bring over thirty years of critical industry expertise, an enduring dedication to serving customers with integrity and a strong commitment to fostering innovative solutions. As part of Convergint Technologies, both companies will have access to Convergint’s global network of expertise, allowing them to broaden their service offerings and solutions to current and future clients.

“What made Innovative Medical Systems and Smith Hamilton such an easy decision for Convergint was their unwavering commitment to company culture and being their customers’ best service provider,” said Ken Lochiatto, CEO of Convergint Technologies. “We are excited to work with their colleagues, customers, and partners and to expand the work we provide in the financial and healthcare industries with the addition of these two exceptional companies.”

IMS offers several technology solutions to healthcare facilities, including Real-Time Location Systems (RTLS), EMR battery management software and security. IMS technology solutions are custom-designed to help healthcare facilities reduce complexity by integrating their electrical, mechanical, network and software components, further reducing costs and streamlining workflow management processes.  

“This will be an exceptional marriage of Convergint’s global reach with IMS’ expertise in acute care patient safety and real-time locating capabilities,” said Dan De Jong, CEO of IMS. “Our cultures complement one another, and we share the same basic approach to customer satisfaction and after-sale support. We look forward to the new opportunities we can now bring to our customers.”

With particular expertise in retail bank branches and credit unions, Smith Hamilton Inc. delivers solutions to drive efficiency, reduce operational costs, increase revenue and enhance overall customer experience. Smith Hamilton Inc., currently operates 11 offices and services over 800 financial branch operations across the southern portion of United States.

“In our first meeting in Chicago, Ken Lochiatto stated that if our cultures didn't line up, this would never work,” said Jeff Braselton, founder of Smith Hamilton Equipment. “After that meeting, we all left the table knowing that this was a perfect fit for our team. Many have come to the table throughout the years, but none like Convergint. In the last three years, they have proven to be a company committed to their colleagues, their customers, and their word."

Innovative Medical Systems and Smith Hamilton Inc. bring the total amount of Convergint acquisitions to 35 since 2014.

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KEYWORDS: acquisition Convergint healthcare medical technologies

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