Pike Avenue Partners recently acquired SDS Technology, marking their 40th anniversary. The ownership group, consisting of the Bernie Blanchette, Paul Koerner, and Phil Koerner families, is thrilled to have become part of the SDS family. Over the years, SDS has grown by acquiring local computer companies and has established itself as a leader in providing high-quality custom programming and IT services in the Effingham area. Their expertise in technology, prompt service, security solutions, training, and innovation have made them 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. SDS will continue to provide end-to-end risk assessment services and offer introductory security risk assessments through sweeping and forensic system reviews to help clients establish appropriate security controls.
All current staff members at SDS Technology will remain with the company. Steve Schallert, former President and CEO of SDS Technology will stay on for a period to oversee the transition. Schallert expressed his excitement about the change and growth opportunities it will bring to SDS. He also highlighted the shared family values and community involvement of Pike Avenue Partners’ leadership team ensuring a seamless transition as he looks forward to full retirement with his wife.
Pike Avenue Partners is excited about this acquisition as they see it as an opportunity for growth in their portfolio of companies while bringing value back into their local community with high-quality custom programming and IT services that align with their core values.