Pike Avenue Partners, a successful ownership group consisting of the Bernie Blanchette, Paul Koerner, and Phil Koerner families, is thrilled to announce their recent acquisition of SDS Technology. This acquisition marks a significant milestone for both companies as they celebrate SDS’s 40th anniversary.
As customers of SDS for years, the new ownership group is excited to transition from being part of the SDS family to becoming a part of it. Over the years, SDS has established itself as a leader in providing high-quality custom programming and IT services in the Effingham area through its expertise in technology, prompt service, security solutions, training, and innovation. The company has grown by acquiring local computer companies and has become a trusted resource in the community.
Bernie Blanchette, President of Pike Avenue Partners, expressed excitement about the acquisition and the opportunity to support SDS’s existing customer base. The new ownership group aims to enhance SDS’s cybersecurity services by offering security risk assessments and expanding product lines to meet customer needs. Steve Schallert, the former President and CEO of SDS Technology will remain with the company for a period to oversee the transition. Schallert expressed his excitement about the change and how it will bring growth opportunities to SDS.
SDS will continue to provide end-to-end risk assessment services through sweeping and forensic system reviews to help clients establish appropriate security controls. The company’s shared family values and community involvement ensure that this transition will be seamless.
As Schallert looks forward to full retirement with his wife, he is confident that Pike Avenue Partners is taking over an excellent business with great potential for growth.
The new ownership group at Pike Avenue Partners is committed to maintaining SDS Technology’s reputation as a trusted resource in the community while continuing to offer top-notch services that meet customers’ needs.
