Fueled to Boost the Growth: NAKA Acquires Northern Star Technology Group
Fueled to Boost the Growth: NAKA Acquires Northern Star Technology Group
NAKA continues to grow through acquisition. The company recently has put Northern Star Technology Group on the list of its new acquisitions.
NAKA Technologies, a leading global provider of IT solutions, announced it had acquired Northern Star Technology Group, a niche IT services provider headquartered in Long Island, New York. The acquisition continues NAKA’s exponential growth trajectory in market reach, resources, and revenue.
Founded in 2017 by Anil Jagtiani, NAKA has built a solutions portfolio in Digital Transformation, Business Analytics, Cloud, Security & Emerging Solutions. The NAKA team of 75 delivers a full lifecycle business model of professional, managed, and staffing services, including a unique approach that integrates Artificial Intelligence (AI) into its Managed Services platform.
Northern Star was founded in 2010 by Charles Ferretti and specializes in the small business technology needs of medical and dental services, real estate professionals, and fire protection agencies. The team of twelve includes technical experts certified in Cloud Enablement, Managed Services, Data Recovery, and Backup.
The acquisition will strengthen NAKA’s strategy of growth with like-minded companies. “When Charlie and I met six months ago, we immediately connected,” said Jagtiani, CEO of NAKA. “It wasn’t too long afterward that we initiated conversations about the acquisition. It is important to me that we bring on teams who can blend in seamlessly with the NAKA culture.”
For Ferretti, CEO of Northern Star, the move will bring a host of valuable services to Northern Star clients, many of whom are experiencing evolving business needs. “The past two years have been game-changing for small businesses, introducing unforeseen challenges and opportunities,” Ferretti said. “NAKA will bring resources currently not available to my clients.”
The acquisition is NAKA’s third in as many years and marks the continuation of a planned investment strategy that will accelerate into 2022. NAKA’s industry recognitions include Best Computer Services Company and Best Cybersecurity Company of Long Island. NAKA’s client base spans small start-ups to international Fortune 500 companies. NAKA seeks to expand geographically as well as in breadth of service.
“NAKA’s vision has allowed for consistent growth year over year, and our culture is a big part of our success,” said Dan Bergschneider, Director of Business Development for NAKA. “We embrace diversity, inclusion, and teamwork, allowing all employees to be heard. Charlie recognizes that his Northern Star team has been instrumental in building his profitable business. NAKA will be looking for a similar combination in future acquisitions.”
The Northern Star acquisition will be finalized on January 1, 2022. The team is all set to boost its growth and introduce opportunities to people across the globe.