A year after Pitt Technology Group LLC was formed, the business is buying a veteran audiovisual company and a startup software developer.
Pitt Technology owners Doug Pitt and Kevin Waterland announced today they expect to close Nov. 1 on the acquisition of Springfield-based technology firms AVman & Associates Ltd. and ConceptiCode LLC, according to a news release. Waterland declined to disclose the purchase costs.
AVman, founded in 2001 by Jay Jones, provides audiovisual services to nationwide customers, including houses of worship, missionaries, schools and other businesses. Its yearly revenue exceeds $1.5 million, according to the release.
Will Vandergrift and Arik Griesse’s ConceptiCode, formed in late 2017, already has partnered with Pitt Technology to build apps for its customers.
“The AVman crew has a great reputation for providing excellent technology to their clients, and the work ConceptiCode has done for our clients has been very impressive,” Waterland said in the release.
Combined with its own growth, the acquisitions are expected to bring Pitt Technology’s revenue past $6 million in 2019.
AVman and ConceptiCode are moving their employees to Pitt Technology’s Springfield Underground offices. The operations are slated to be fully merged by January 2019, according to the release.
Jones and his five employees at AVman are leaving their current office at 500 W. Battlefield Road, and Vandergrift and Griesse are relocating from space they’ve occupied in the efactory since this spring.
Pitt Technology was formed in November 2017 after Pitt repurchased the Springfield assets from St. Charles-based partner TSI Global Cos. LLC. The Springfield office, previously at 1409 W. Sunshine St., operated under the TSI Technology Solutions LLC name for about four years after Pitt sold his remaining stake in ServiceWorld Computer Center, which he founded in 1991, according to past Springfield Business Journal reporting.
Pitt Technology launched as an umbrella for internet infrastructure contractor SyndeoSolutions LLC, information technology firm NexioTechnologies LLC and low-voltage cabling unit Lovo Integrations.
The Bark Yard dog park and bar concept launched; Charity Fent Cake Design LLC moved; and a pair of business owners collaborated on opening The Hidden Hut LLC.
This poll is not a scientific sampling. It offers a snapshot of what readers are thinking.
Heather Kite, owner of startup business Rooted Deep Farms, talks about tough times during the winter of 2020-2021. She says determination was a necessary component that kept her going.
Jeramey and Julia Henson, co-owners of HM Dentworks Academy, discuss the importance of family in work-life balance. They say you can’t make up for the major life events. HM Dentworks Academy is also co-owned by Chris McWhirter.
Rachel Barks, owner of Artistry Pottery, talks about her struggle with PXE, or Pseudoxanthoma elasticum, a disease that affects the eyes. She says that despite her struggle, she is ultimately thankful.
Jessica Burkland, a Missouri State University business instructor in the Department of Management, talks about small business start-up trends in a post-pandemic year. Burkland, who owns Activate Consulting & Training and volunteers as a small business mentor for SCORE of Southwest Missouri, says startups that offer new services and products to help people work from home or that enhance mental health could find greater success.
Jim and Debbie Meinsen, co-owners of TCI Graphics, say the past year has been one of the toughest they have faced. Now in the company's 50th year, the couple says they learned a few things in 2020.
Charlie Rosenbury, president of Self-Interactive, calls on his experience in programming to illustrate lessons he has learned running a business and life in general. Springfield Business Journal's 90 Ideas is presented by Great Southern Bank.
Darline Mabins talks with SBJ’s Christine Temple about growing up after a tragic accident took the lives of her mother and older brother. Mabins is now the regional branch sales manager for Arvest Bank. No Ceiling is an SBJ podcast, going in depth with local women, sharing their journey to the top of their professions.
Caleb Scott, owner, coach and player for Queen City Insane Asylum semi-professional football team, talks about the ways that the team works to support each other on and off the field. Scott says you can’t force people to become leaders, they have to come naturally.
Steve Williams, owner of Crosstown Barbecue, discusses the role relationships have played throughout the 51 years that Crosstown Barbecue has been in business. He says that while he puts effort into providing the best food he can, ultimately “people like to do business with people they like.”
Randy Bacon, professional photographer and humanitarian, relates his experience building relationships with clients since he became a photographer. He says building relationships with his clients and perfecting his craft are the most important things he does to spread his business.