ePlus acquires Evolve Technology Group

ePlus inc. (NASDAQ: PLUS) said that its subsidiary, ePlus Technology, Inc., has acquired the operating assets and assumed certain liabilities of Granite Business Solutions, Inc. dba Evolve Technology Group

Located in Sacramento, CA, Evolve provides information security, collaboration, virtualization and data centre solutions to an established customer base of state, local and educational institutions, as well as commercial enterprises. Evolve´s 2013 revenue was approximately USD27m. Terms of the transaction were not disclosed.

ePlus is a leading integrator of technology solutions. ePlus enables organizations to optimize their IT infrastructure and supply chain processes by delivering complex information technology solutions, which may include managed and professional services and products from top manufacturers, flexible financing, and proprietary software. Founded in 1990, ePlus has more than 900 associates serving commercial, state, municipal, and education customers nationally. The company is headquartered in Herndon, VA. For more information, visit www.eplus.com.

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