Print
Technology

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 the release.
 
"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

INSIGHTS

SPONSORS' CONTENT
Untitleddesign2 9202334730

Investing in the Health of Our Communities, for Today and the Future

Novant Health - New Hanover Regional Medical Center Novant Health
Untitleddesign2 4523114356

Cybersecurity and Productivity: Striking the Perfect Balance for Business Success

Barrett Earney - EarneyIT
Untitleddesign5

The Impact of a Growth Mindset

John Monahan - Vistage

Trending News

Vantaca’s Balancing Act

Audrey Elsberry - May 17, 2024

Channel, UNC Law School Aid Wilmington Small Businesses

Audrey Elsberry - May 16, 2024

Developers Mark Opening Of $78M Apartment Project At Riverlights

Staff Reports - May 17, 2024

Two Apartment Projects Pitched For Kerr Avenue

Emma Dill - May 17, 2024

As Hurricane Season Heats Up, How Do Builders, Laws Prep Homes For Storms?

Emma Dill - May 17, 2024

In The Current Issue

Area YMCA Continues To Expand

The YMCA of Southeastern North Carolina has about 13,000 members; approximately 11,000 live in the greater New Hanover County area....


Topsail Island Museum Offers New Exhibit On Black Heritage

Ocean City Beach was established in 1949 and became the first community in the state where Black people could purchase oceanfront property....


Half Marathon Takes Whole Race State Title

The top half marathon in each state was crowned based on nearly 20,000 votes from runners across the country....

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!


Galleries

Videos

2024 Power Breakfast: The Next Season