JMark acquires Fayetteville IT company

Springfield-based technology firm JMark Business Solutions Inc. acquired the assets of Comprehensive Technology Services LLC, effective Jan. 1. The Fayetteville, Ark.-based information technology service provider does business as Integris Tech.

Financial terms were undisclosed. The acquisition adds six employees to JMark's ranks, bringing its employee count up to 57.

JMark officials had been looking to expand operations into northwest Arkansas and were able to do so with the help of Kingsley Group Business Brokers, which brokered the deal, said JMark President and CEO Thomas Douglas, who noted JMark is also in the process of opening an office in Colorado Springs, Colo.

"Establishing a location in another state is a milestone which aligns with our growth strategy and enhances our ability to service existing and new clients with advanced technical support services as well as cloud computing solutions," Douglas said in a news release.

Through the acquisition, JMark officials expect to be able to focus more heavily on the health care, legal, financial, insurance, transportation, education and government sectors. JMark specializes in computer and network management for businesses,  while Integris Tech has a specific focus on medical IT services.

"The expertise and cross training exchange between the IT professionals at both locations heightens the solutions we will deliver to our combined clients," Douglas added in the release.

JMark was among 66 Missouri companies to make the 2011 Inc. 5000 list, which ranked private companies based on percentage revenue growth between 2007 and 2010. JMark, which ranked No. 1,397, grew its revenue 203 percent to $5.8 million in 2010, according to Springfield Business Journal archives.

Look to the Jan. 6 Early Friday Digital Edition or the Jan. 9 print edition of Springfield Business Journal for more on this story.[[In-content Ad]]