Platinum Equity will combine Pomeroy IT Solutions, Inc. and OAO Technology Solutions, Inc. (“OAOT”), creating a single global IT solutions provider with increased scale, broader reach and expanded service offerings.
“Pomeroy and OAOT are both recognized industry leaders with unique and complementary product and service offerings, ” said Jacob Kotzubei, the partner at Platinum that is leading the combined Pomeroy and OAOT investment. “This combination makes perfect sense and will create new opportunities for each company’s clients, business partners and employees.”
Platinum acquired Pomeroy in November 2009 through a public-to-private transaction and acquired OAOT in January 2010 from an affiliate of J.F. Lehman & Company and the other OAOT stockholders.