Summit – one of the largest providers of virtual servers and cloud-based application hosting in the U.S. and Canada – announced it had acquired Deft, a comprehensive provider of data centers and managed cloud services.
The acquisition brings together two high-growth and innovative companies that provide award-winning colocation, cloud, and network services. Combining Summit’s cloud hosting expertise with Deft’s robust data center and network services offering allows the combined business to serve a diverse base of customers better as their IT infrastructure and operational support needs evolve.
Deft co-founders and principals Jordan Lowe, Daniel Brosk, and Eric Dynowski will join the Summit leadership team and retain a significant ownership stake in the business. And Jordan Lowe will join Summit’s Board of Directors and, alongside Brosk and Dynowski, will play a key role in ensuring a seamless transition and consistent experience for Deft’s clients as they join Summit.
With the acquisition of Deft, Summit has completed three acquisitions during the past 18 months, backed by continued investment from Silver Oak Service Partners. And Summit acquired Handy Networks and Tech Commandos in 2022, which added to its service offerings in server hosting, application hosting, colocation, HIPAA compliance hosting, and backup and disaster recovery.
KEY QUOTES:
“Together, Summit and Deft share a unified vision for the future of IT services — a future where innovation, security, and customer-centric solutions lead the way. This is more than an acquisition; it’s a fusion of strengths.”
– Summit’s CEO Warren Patterson
“There’s no hidden agenda to change how Deft operates. That hands-on approach our customers know and love now just has more hands.”
– Jordan Lowe
“We are excited to partner with the leadership of Summit and Deft and support the combination of two highly talented teams. The combined business will leverage best practices from each to create a differentiated platform well-positioned for accelerated growth.”
– Wade Glisson, Partner of Silver Oak
