Herndon Company Acquires N.Y.-Based IT Firm

1/5/21

By Sydney Lake, Virginia Business

Herndon-based IT assets selling and financing company ePlus Inc. announced Monday it has acquired Rochester, New York-based System Management and Planning Inc. (SMP), an information technology company that provides services in New York and the Northeast.

Terms of the acquisition were not disclosed, but the transaction will increase ePlus’ regional footprint.

“Acquiring SMP strengthens our existing presence in the region, and its focus on collaboration and related solutions to support at-home workers is extremely relevant in today’s market,” ePlus CEO and President Mark Marron said in a statement. “Our combined capabilities will allow us to deliver a broader array of solutions to customers, and we extend a warm welcome to the talented SMP team.”

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