Netgain Completes NetMark Acquisition

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Netgain Technology, Inc, a St. Cloud, MN based application service provider, today announced the completion of its acquisition of NetMark, Inc, a privately held, Minneapolis, MN based technology service provider. As a result of the acquisition, NetMark clients will be migrated to the Netgain environment in the coming months.

NetMark’s service offering, employee skill set, and client base complement Netgain’s business model. “Our intention with the NetMark addition is to provide their clients with a quality of service that is unsurpassed by another service provider,” said Netgain Founder & CEO, Scott Warzecha. “This is a strategic addition for Netgain, and it extends our ability to provide greater efficiencies by economies of scale.”

To ensure a smooth migration, and minimal interruption of service, Netgain will immediately begin executing the planned migration of the two companies’ operations, networks and customer care elements.

NetMark’s Co-Founder, Mark Hemingway, has joined Netgain’s technical team, as well as Dave Larsen and Brett Bechtold. Susan Libis, NetMark’s CEO said, “We are excited about the transition. We are confident that Netgain is competent and capable, and will do a great job supporting our clients.” Libis will be retiring upon the finalization of the acquisition, but will be available to clients for questions or concerns regarding the transition.

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