Optimal Networks buys Elevative Networks, expands mid-Atlantic IT reach
MARYLAND, UNITED STATES — Managed IT services provider (MSP) Optimal Networks, Inc. has acquired Elevative Networks, though the terms of the deal were not disclosed.
The merger solidifies Optimal Networks’ position in the Mid-Atlantic region. It aligns with its vision of delivering premium, proactive IT solutions that drive business success.
Enhanced services and expanded expertise
Optimal Networks, founded in 1991, is headquartered in Rockville, Maryland, and specializes in providing technology consulting and managed IT services.
With an estimated annual revenue of $6.7 million, the company serves law firms, associations, and consulting firms with a focus on efficiency, security, and profitability.
Meanwhile, Elevative Networks, opened in business in 2004. It is known for its client-focused IT solutions and proactive management. The company has built a reputation for reliability and personalized service, creating predictable technology environments that enhance business efficiency.
Elevative Networks operates primarily in the Mid-Atlantic region, focusing on associations and small businesses.
David Cross, founder of Elevative Networks, highlighted the alignment in values and approach between the two companies: “Optimal stood out as the right fit because of their expertise, approach to client service, company culture, and long-term vision. This transition ensures our clients receive the highest level of IT support moving forward.”
Focused growth amid industry consolidation
The MSP industry has seen an uptick in consolidation, with 235 MSP transactions recorded in the first half of 2024, marking a substantial increase from previous years.
Unlike many firms that seek rapid scale, Optimal Networks adopts a meticulous approach to growth, prioritizing cultural and operational compatibility to maintain its high standards of service.
“For over three decades, Optimal Networks has been dedicated to delivering premium, proactive IT solutions that drive business success,” said Heinan Landa, Founder and CEO of Optimal Networks.
“The addition of Elevative Networks aligns perfectly with our vision of providing world-class technology services with an emphasis on strategic impact.”
