North Carolina TeamLogic IT Tech Franchise Gobbles Up Local Competition
IT tech franchise grows through new business, as well as acquiring competitors, to maximize territory footprint and volume
One major plus of becoming a TeamLogic IT tech franchise owner is a dedicated, exclusive territory. Many new franchise owners often buy more than one territory, with an eye toward future expansion.
It’s a wise move, and not the only avenue towards growth. Many owners, such as John Fox, owner of TeamLogic IT of the Triad, which has offices in Winston-Salem, Greensboro and High Point, NC, recently acquired a local competitor and its book of business.
Acquisitions are a sensible path toward rapid growth
In October 2020, Fox acquired Convergent Technologies Inc., a local managed service provider. Its reputation for quality work lined up nicely with his TeamLogic IT’s dedication to superior customer service, and so was a good fit.
“Convergent is known for being very client-focused, responsive and delivering strong technical solutions to the clients they serve,” Fox says. “The companies are very complementary and will have expanded capabilities and technical resources. We look forward to providing a seamless transition for the Convergent team and its clients.”
Trusted advisor role builds relationships, revenue
In North Carolina and more than 200 other communities around North America, TeamLogic IT franchise owners and their teams provide companies of all sizes with the managed IT services and support they need to minimize downtime and improve productivity. Services include proactive cybersecurity protection, cloud computing, backup and disaster recovery, and business continuity. Since its founding, TeamLogic IT has been expanding on ways to fill the void in the marketplace for a trusted technology advisor, says Chuck Lennon, Executive Vice President.
“A TeamLogic IT technology franchise is not a “break-fix” vendor, but rather a team that can come in, assess the situation and provide a way forward that is affordable for that business, and sets them up for better cybersecurity, operational efficiencies and profitability,” Lennon says. “When our franchise owners are able to make the kind of acquisition John did, and blend two well-known and trusted names into one, it’s a testament to how well that strategy works for franchise owners.”
TeamLogic IT is the technology franchise small and medium-sized businesses increasingly rely on for turnkey support. TeamLogic IT’s managed IT services contracts give clients peace of mind around their technology needs, and provide franchise owners with a steady, predictable revenue stream. The company now serves a wide and growing variety of clients in every business sector, from tourism and hospitality to healthcare, legal and accounting. Along the way, TeamLogic IT has grown to more than 200 locations around North America and continues to expand in both new and existing markets.