Boathouse Capital Supports Cal Net’s Acquisition of inhouseIT
August 2, 2016
Boathouse Capital is pleased to announce that its portfolio company, Cal Net Technology Group, has acquired inhouseIT, a managed IT solutions provider to small and medium-sized businesses in Orange County, CA. The transaction represents Cal Net’s third acquisition since Boathouse Capital’s initial investment in 2013.
Cal Net Technology Group, the premier provider of IT services, cloud capabilities, infrastructure design and implementation, security services, and unified communications to the Southern California SMB market, is pleased to add inhouseIT to their growing platform. inhouseIT provides IT operations support for on-premise & cloud environments and offers end user support to over 500 businesses in and around Orange County.
James Hwang, CEO of Cal Net said, “I’m thrilled to add inHouseIT to the Cal Net family and further expand our technical capabilities. This acquisition will solidify Cal Net as the largest managed service provider in Southern California but we will continue to reach for new heights and provide exceptional customer support to our loyal clients.”
Bill Dyer, General Partner remarked, “inhouseIT’s offerings are quite complementary to Cal Net’s core business. The acquisition will allow Cal Net to quickly expand its presence in Orange County as it continues to grow. James and his team have done a remarkable job integrating acquisitions while maintaining an outstanding level of service to over 1,500 clients.”