Cogent Growth Partners Advises Charlie Ross in the Acquisition of Welsh Consulting -- NEW YORK, Oct. 26, 2012 /PRNewswire-iReach/ --

Oct 26 2012

NEW YORK, Oct. 26, 2012 /PRNewswire-iReach/ -- Cogent Growth Partners, LLC (Cogent) announced today that they advised Charlie Ross, of Smithfield, Rhode Island, on his recently announced acquisition of Welsh Consulting in Boston effective October 1st. Ross, a twenty-year veteran of the IT Services industry, was most recently the Chief Operating Officer for Technical Support International (TSI) of Foxboro, MA. Welsh Consulting is an IT consulting firm providing computer services, strategy, and support to greater Boston area businesses. It was founded by Gary Welsh in 1984.

"Cogent was instrumental in the entire transaction lifecycle." said Charlie Ross. Ross continued, "I wanted to acquire a strong New England IT services firm. Cogent found Welsh, created the financial models, helped me through negotiations, and took care of due diligence and all the necessary documentation in a very timely manner. Cogent paved the way for a smooth transition that they continue to work with us through. As I look back at all of the nuances involved in getting the deal done, I am convinced that I would not have been successful without the Cogent team."

"We are delighted to have been a key component in this very successful transaction," stated David S. Schafran, Managing Partner at Cogent Growth Partners. "Gary Welsh did a great job in building a very solid and well-respected business. We have every confidence it will continue to thrive and grow under the leadership of Charlie Ross."

"I am confident that Charlie will continue to operate Welsh Consulting as we have operated it for the last 28 years – with a commitment to the highest quality of service and highest standards of technical excellence," said Gary Welsh.

"Welsh Consulting has a phenomenal reputation in the greater Boston IT Community," added Ross. "I am very excited to have the opportunity to lead the company and propel its future growth. I look forward to working with the Welsh team to continue the commitment to design, install and support the best IT systems for each and every client we serve." Welsh Consulting will continue to be based in downtown Boston.

About Cogent: Cogent Growth Partners is a buy-side merger & acquisition advisory firm combining focused merger & acquisition know-how with deep IT Services operational expertise. Cogent specializes in helping IT Services and Managed Service Providers realize growth via planning and execution of customized merger and acquisition strategies. Helping owners create successful companies that deliver exceptional financial results and improved equity value – all while mitigating the risks often associated with planning and executing acquisition and exit strategies. For more information visit www.CogentGrowthPartners.com

About Welsh Consulting: Welsh Consulting is a Boston-based IT consulting firm providing outsourced computer services, strategy, and support to Greater Boston businesses since 1984. Services include onsite, remote and helpdesk support. Independently owned and operated, Welsh Consulting is committed to sustainable business practices. For more information visit www.welsh.com

Media Contact: David Schafran Cogent Growth Partners, LLC, 212-799-1770, david@CogentMergers.com

News distributed by PR Newswire iReach: https://ireach.prnewswire.com

SOURCE Cogent Growth Partners, LLC

Questions?

Can I help you? Drop me a line and let me know.

Contact Christine

Blogger Services

Customized Newsfeeds

Don't let the name PR Newswire for Journalists dissuade you. This is a great service for bloggers. Any content creator -- whether you're a journalist, freelancer or blogger -- can set up a customized profile to receive releases based on preferences. You also have access to hi-res photos, media-only content such as media advisories and embargoed releases, and experts via ProfNet.

ProfNet

Need expert sources? Check out ProfNet, a service that helps journalists, bloggers, authors, and other content creators connect with experts -- at no charge. Sending a query is easy: Just fill out a form detailing the kind of expertise you need, how you want to be contacted, and your deadline. ProfNet will do the rest. You also can sign up for a weekly "tip sheet" of experts and story ideas. Visit ProfNet for more info or go directly to the query form.

ProfNet Connect

ProfNet Connect is a free, interactive online community where PR professionals, experts, and media professionals can network and engage with one another. Via profiles, forums and blogs, subject-matter experts can position themselves as the go-to source for content creators and journalists. In turn, content creators can search the site by keyword to find the experts they need. The site also features enhanced profile capabilities, allowing users to easily add multimedia components -- photos, videos, white papers and more -- to their profiles.

News Widget

Our widget allows you to display PR Newswire content on your site with very little back-end programming required. You not only get the headline, but also the body of text of the news release, keeping the user on your site at all times. In order to do so, the difference between our Widget and other widgets is at the end of the sign-up process, you will be provided with two pieces of source code -- one for the page where the Widget itself will be displayed and one for the pages that will display the body of text of each news release. In addition, the sign-up process allows you to have 100 percent control over every aspect of the Widget's appearance, so that the Widget can blend in fully with the look and feel of your site. Still not convinced? Here's what one blogger had to say about the widget.

Search