Palomino acquires Hamilton-based GCIS
Originally published on LinkedIn
GCIS Inc., a leading Canadian Internet solutions provider ranging from Digital Marketing, Connectivity, Data Center Colocation, Hosting, and 24/7 Technical Support, announced earlier this month that it has been acquired by Palomino Inc. including sub brands VivosWeb.com, JustHosting.com, SupportGuru.ca, Media-Hosts.com, Stablenetworks.ca, HebergementCanada.ca
“GCIS Inc is well established as a full service one-stop-shop digital marketing, cloud hosting solutions, and managed support provider,” said Founder & CEO Amro Awaidah. “This is a great investment that plays to the GCIS Inc.’s core strengths. We will deploy our full range of operations capabilities, resources and local technical support team to help the combined companies maximize its growth potential.”
As of July 31, 2020, GCIS Inc. is a privately held company that initially incorporated its first subsidiary company, late 2012, as VivosWeb Inc.
“As a full solutions company, GCIS Inc. is well positioned to meet both our operational and business goals,” said Markus Latzel, President and Chief Executive Officer of Palomino. “The Palomino management team looks forward to working with the experienced and talented group of professionals at GCIS Inc.. Building on the company’s strong platform as a leader in providing best cloud solutions and 24/7 local support to its customers. Our near-term focus will be on improving customer experience, delivering innovative products, and increasing operating efficiencies.”
Commenting on the transaction, GCIS Inc.’s CEO said: “This acquisition is a strategic plan to fuel the next phase of growth. Palomino offers an impressive value proposition built through a combination of innovation, commitment to customer service and the development of a broad suite of solutions. We will continue investing in growing our teams and to grow the business.”
About Palomino
Palomino started in 2001 with the vision of providing a highly sophisticated and user friendly method for clients to manage and edit their own websites using a content management system. From this vision WebPal™ Cloud Server was born. WebPal™ provides a simple and well designed environment for content management, collaboration and document sharing applications.
With WebPal™ as the platform, Palomino provides services including Application Development, Data Warehousing & Business Intelligence, Internet Portals and Managed Cloud Hosting. Palomino provides consulting services that include financial system integrations and software life-cycle management.