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SpringPoint Technologies, Peak UpTime Announce Application Development Transaction
Posted On:July 24, 2010
TULSA, Okla. -- SpringPoint Technologies, a technology staffing and IT services provider, and Peak UpTime, a mid-sized IT solutions provider, today announced Peak UpTime has purchased SpringPoint’s application development division. The sale follows the retirement of SpringPoint’s founder, Roger Short, and will provide an opportunity to expand the firm’s staffing and managed services divisions.
“Staffing and managed services are our sweet spots, and I believe our focused approach will extend that profitability,” said Travis Short, SpringPoint president. “I’ve worked alongside my father for nearly seven years and am proud to have the opportunity to build upon our joint vision for our company. Selling this division to Peak UpTime positions SpringPoint for tremendous growth.”
Peak UpTime specializes in development, deployment management and integration of technology. The Tulsa-based firm has established a substantial presence in the energy, government-education-medical, financial services markets in Oklahoma and the surrounding states.
Founded in 2003, SpringPoint’s application development division has garnered work from several of the area’s largest companies. “We are excited about the opportunity to expand our client base and deliver our new breadth of capabilities. We believe this is a seamless transition for SpringPoint’s clients,” said Gordon Martin, president of Peak UpTime. Existing division staff will transition to Peak UpTime.
Moving forward, SpringPoint will focus its efforts on its IT staffing and managed services divisions, both of which have seen tremendous growth in the last year.
“The growth we’ve seen in staffing and IT services isn’t a coincidence. It comes from taking the time to understand our clients’ businesses and applying our industry knowledge,” said Short. “Technology is always changing, and I’m excited that SpringPoint continues to be on the forefront of those developments.”
For more information about SpringPoint or Peak UpTime, call Nicole Morgan at (918) 599-0029 or e-mail nicole@rexpr.com.
Nicole Morgan
Rex Public Relations