Concertium, a next-generation managed service provider serving mid-market businesses, announced a substantial investment from the Skyway Group. The investment is designed to provide growth capital to accelerate the company’s product development efforts and make infrastructure enhancements to support its rapid growth.
Concertium operates under the principle that technology is no longer an infrastructure cost for mid-market companies, but an asset that can be leveraged to create a true competitive advantage. Under its CEO, Pratik Roychoudhury, Concertium has steadily grown its core MSP business. Recently, Concertium introduced a unique product suite that allows mid-market companies to execute and maintain transformative digital strategies at a fraction of the historical cost.
Pratik Roychoudhury stated, “We have been looking for the ideal capital partner for the past year and believe there is a great fit with Skyway’s operating philosophy. Scott Feuer and Bryan Crino really understand this space. We are already benefitting from the financial and intellectual capital that the Skyway Group brings to bear.”
Bryan Crino, Managing Partner of Skyway Group remarked, “We are excited about Concertium’s differentiated strategy and believe that Concertium will continue to be a strong market leader. The company’s ManageIT, IntegrateIT and TransformIT product strategy provides a significant value proposition to its customers and competitive advantage for the company in the MSP market space.” Scott Feuer, Skyway Group’s Managing Partner added, “We at Skyway are very impressed with Pratik and the team he has assembled. Concertium’s leadership is in a great position to effectively execute its distinctive strategy and grow the company in its markets served.”
Concertium provides IT infrastructure, multi-cloud and business intelligence solutions. The company provides a unique blend of experience, domain and technical expertise and a solid understanding of each of the industries served for its clients across the globe who look for end-to-end business technology solutions.
About Skyway Group
Skyway Group is a Southeastern US based private investment firm focused on investing in lower middle market businesses where they can provide capital and strategic resources to accelerate growth and build stronger companies.