Pike Avenue Partners has announced its acquisition of SDS Technology, marking an exciting new chapter for both companies. Owned by the Bernie Blanchette, Paul Koerner, and Phil Koerner families, Pike Avenue Partners is transitioning from being primary customers of SDS Technology to becoming part of the SDS family.
SDS Technology recently celebrated its 40th anniversary, a testament to its dedication to providing high-quality custom programming and IT services in the Effingham area. Over the years, SDS has expanded by acquiring several local computer companies, fueling its growth and supporting professionals in the region. Known for its technological expertise, prompt service, security solutions, training programs, and innovation, SDS has made a significant impact on Effingham and the surrounding areas.
Looking to build on SDS’s strong foundation, Pike Avenue Partners is eager to continue serving the company’s mission while introducing new services to better meet customer needs. Bernie Blanchette, President of Pike Avenue Partners, expressed excitement about supporting SDS’s customer base and enhancing cybersecurity measures in response to evolving threats. By offering security risk assessments and expanding product lines, the new ownership aims to provide comprehensive solutions for clients.
Despite the ownership change, all current staff at SDS Technology will remain in place. Former President and CEO Steve Schallert will stay on board for a transitional period, ensuring a smooth handover. Schallert expressed optimism about the acquisition, noting that it would bring valuable resources to support SDS’s growth and address new challenges in the technology industry. Recognizing the shared values and community involvement of Pike Avenue Partners, Schallert believes the new ownership is well-suited to lead SDS into the future as he prepares for retirement.
In conclusion, Pike Avenue Partners thanked Steve Schallert for his contributions to SDS Technology, highlighting the strong foundation he built for the company’s continued success. As the companies embark on this new partnership, they are poised to deliver enhanced services, innovative solutions, and unwavering support to their customers in Effingham and beyond.