Wilmington IT Service Provider Acquired By National Firm

By Audrey Elsberry, posted May 8, 2024
Wilmington-based IT service provider Hook Systems was acquired by Dataprise, a national IT and cybersecurity service provider, according to a recent announcement.
Hooks Systems services 165 clients in the Southeast and has operated as an independent company since 1995, a news release stated. The company’s clients will remain under Hooks Systems’ management but will have access to Dataprise’s cybersecurity and data protection services, according to Dataprise officials.
Dataprise has been acquiring smaller technology services companies since 2021 to expand the company’s geographic reach, its website states. Other companies Dataprise has recently acquired include Wireless Watchdogs, Reboot Networks and Airnet. These acquisitions have expanded Dataprise’s footprint from the Washington, D.C., area to California, New York, Texas, Colorado and now North Carolina.
"Joining forces with Dataprise is an exciting new chapter for Hooks Systems that will allow significant growth and opportunities for both our employees and clients," stated Gerald Hooks, owner and CEO of Hooks Systems, in a news release from MidStreet Mergers and Acquisitions, which represented Hooks Systems in the deal.
"Wilmington and the surrounding areas are rapidly growing markets and this acquisition helps build a strong foothold in the region to uncover new opportunities together to further attract new business,” Christian Fulmino, senior vice president of M&A at Dataprise, said in the release.
Dataprise is a portfolio company of Texas-based private equity firm Trinity Hunt Partners. The firm’s portfolio strategy is “buy and build,” which expands its portfolio companies’ businesses through acquisitions, as is the case with Dataprise.
Hooks Systems’ Wilmington clients include Wilmington Optometry, Cameron Management, Alpha Mortgage, Rountree & Losee and Cape Fear Retinal Associates.
Hooks Systems officials declined to disclose the terms of the deal.
Ico insights



Paving the Way to Better City Streets

Tony Caudle - City of Wilmington
Gretchen roberts 2021

Buying a Business? 6 Critical Finance and Tax Questions Before the Purchase

Gretchen Roberts - Red Bike Advisors
Chris 16239425

‘Creative,’ An Adjective To Describe Your Accountant?!

Chris Capone - Capone & Associates

Trending News

Filling In: Apartments Edge Into Downtown Pockets

Emma Dill - Jun 20, 2024

Entrepreneur Buys Downtown Building For Escape Room Venture

Emma Dill - Jun 21, 2024

Star Power: Feature Film Uses Carolina Beach Setting

Staff Reports - Jun 20, 2024

Aging In Place

David W. Frederiksen - Jun 21, 2024

Testing The Waters: New Regulations Are Flowing To Make Water Safer

Audrey Elsberry - Jun 20, 2024

In The Current Issue

CVB Dollars Fuel Out-of-state Push

From marketing to potential visitors via streaming services to attracting more events to the convention center, the Wilmington and Beaches C...

Local Museum Celebrates 45 Years Honoring Railroad

The museum was founded as a joint contribution of three local Wilmington residents and a handful of artifacts, growing from there....

Aging In Place

Based on an age-in-place philosophy, CCRCs have existed for more than a century....

Book On Business

The 2024 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!



2024 Power Breakfast: The Next Season