Protegrity Advisors Guides Symbrant Technologies' Transition to Eastern DataComm in Major Acquisition Deal

Protegrity Advisors Facilitates Acquisition of Symbrant Technologies by Eastern DataComm

Protegrity Advisors, an esteemed M&A advisory firm recognized as one of the top players in the lower middle market, has played a pivotal role in the acquisition of Symbrant Technologies by Eastern DataComm. This transaction marks a significant milestone for both parties involved and is set to reshape technological integration in the regions they serve.

Founded in 1988, Eastern DataComm is headquartered in Hackensack, New Jersey, and specializes in safety and communications technology that ensures continuous connectivity and protection for schools, businesses, and municipalities. This acquisition provides Eastern DataComm with the opportunity to enhance its service delivery and increase operational capacity in various sectors, a move that is anticipated to yield substantial rewards.

Symbrant Technologies is a notable integrator of smart technology solutions in New York City, providing an extensive range of services including access control systems, surveillance cameras, alarm systems, audio and video conferencing setups, smart boards, advanced telephone systems, intelligent lighting, and automation for smart homes. Its founding year dates back to 2002, when Keith Dalia launched the firm, and Christos Papachristou joined as an equal partner in 2007. Under their leadership, Symbrant has expanded its reach to over 80 school districts and more than 2,000 buildings throughout Long Island and New York City and even extending to nearby upstate areas.

In light of this merger, Keith Dalia expressed optimism, stating, "Joining forces with Eastern DataComm will enable us to expand into additional regions and sectors rapidly." This partnership is seen as a chance for both companies to leverage their combined resources and expertise to provide enhanced services. Al Harnisch, the CEO of Eastern DataComm, echoed Dalia's sentiments, highlighting the cultural similarities between the two companies. He mentioned that Symbrant's commitment to putting clients first aligns perfectly with Eastern DataComm's mission, marking a strong foundation for collaborative success.

Mark Pollack, President of Protegrity Advisors, noted that Symbrant's reputation for excellence and reliability, especially within the public school sector, is well-established and consistent with the strategic goals of Eastern DataComm, thereby paving a promising pathway for growth.

The role of Protegrity Advisors in this acquisition has been significant, with both founders of Symbrant stating their appreciation for the advisors' involvement throughout the entire process. Papachristou remarked that the Protegrity team guided them through the complexities of the acquisition, providing expertise and support from initial preparations, through the letter of intent, due diligence, and final contract negotiations. This level of dedication and professionalism contributed greatly to the seamless execution of the deal.

Furthermore, David Hook, Managing Partner at Baymark Partners, expressed satisfaction with the collaboration between Baymark and Protegrity Advisors, noting the competence, professionalism, and responsiveness of the Protegrity team, which made the entire transaction process not only efficient but also pleasant. This positive experience has left the door open for future partnerships between the two firms on other ventures.

As Protegrity Advisors continues to strengthen its position in the M&A landscape, its commitment to helping businesses navigate the complexities of acquisition and merger processes remains unwavering. With their in-depth industry knowledge and experience in facilitating deals, they are well-equipped to assist clients in achieving their strategic objectives.

In conclusion, this acquisition is not just a business transaction; it represents a future of growth for both Symbrant Technologies and Eastern DataComm. By combining forces, the two companies are poised to expand their reach and optimize their service offerings, enhancing their capabilities to serve a diverse client base.

For more information on Protegrity Advisors and their services, visit Protegrity Advisors.