Convergint Buys 2 to Broaden Expertise in Financial, Healthcare Industries
Innovative Medical Systems and Smith Hamilton bring the total amount of Convergint acquisitions to 35 since 2014.
Terms of the transactions were not disclosed by Convergint.
SCHAUMBURG, Ill. — Convergint Technologies announced a pair of acquisitions on Wednesday that will expand the systems integrator’s presence in the financial and healthcare industries.
The acquired companies: Grand Rapids, Mich.-based Innovative Medical Systems (IMS), a leading value-added reseller of select acute care and technical products for hospitals; and, San Antonio, Texas-based Smith Hamilton, a nationally recognized provider of equipment and security solutions for financial institutions.
Terms of the transactions were not disclosed. As part of Convergint Technologies, both companies will have access to Convergint’s global network of expertise, allowing them to broaden their service offerings and solutions to current and future clients, according to the announcement.
“What made Innovative Medical Systems and Smith Hamilton such an easy decision for Convergint was their unwavering commitment to company culture and being their customers’ best service provider,” says Ken Lochiatto, CEO of Convergint Technologies. “We are excited to work with their colleagues, customers, and partners and to expand the work we provide in the financial and healthcare industries with the addition of these two exceptional companies.”
IMS is a specialized integrator in the healthcare market, providing solutions for complex hospital hardware and software systems requiring a multi-departmental “buy-in” and after-sale support. The company offers several innovative technology solutions to healthcare facilities, including Real-Time Location Systems (RTLS), EMR battery management software, and security.
IMS technology solutions are custom-designed to help healthcare facilities reduce complexity by integrating their electrical, mechanical, network, and software components, further reducing costs and streamlining workflow management processes.
“IMS is truly excited to become a part of the Convergint family. This will be an exceptional marriage of Convergint’s global reach with IMS’ expertise in acute care patient safety and real-time locating capabilities,” says Dan De Jong, CEO of IMS. “Our cultures complement one another, and we share the same basic approach to customer satisfaction and after-sale support. We look forward to the new opportunities we can now bring to our customers.”
Smith Hamilton is a leading installation and service provider for physical security, electronic security, and advanced solutions across the financial industry. With particular expertise in retail bank branches and credit unions, the company delivers innovative solutions to drive efficiency, reduce operational costs, increase revenue, and enhance overall customer experience.
Smith Hamilton currently operates 11 offices and services over 800 financial branch operations across the southern portion of United States.
“In our first meeting in Chicago, Ken Lochiatto stated that if our cultures didn’t line up, this would never work,” says Jeff Braselton, founder of Smith Hamilton Equipment. “After that meeting, we all left the table knowing that this was a perfect fit for our team. Many have come to the table throughout the years, but none like Convergint. In the last three years, they have proven to be a company committed to their colleagues, their customers, and their word.”
Innovative Medical Systems and Smith Hamilton bring the total amount of Convergint acquisitions to 35 since 2014.
If you enjoyed this article and want to receive more valuable industry content like this, click here to sign up for our FREE digital newsletters!
Related Content
Security Is Our Business, Too
For professionals who recommend, buy and install all types of electronic security equipment, a free subscription to Commercial Integrator + Security Sales & Integration is like having a consultant on call. You’ll find an ideal balance of technology and business coverage, with installation tips and techniques for products and updates on how to add to your bottom line.
A FREE subscription to the top resource for security and integration industry will prove to be invaluable.
