Summit Acquires Deft, Expanding Cloud and Data Center Services Across North America

On February 28, 2024, Summit, a premier provider of virtual servers and cloud-based application hosting, announced its acquisition of Deft, a leading data center and managed cloud services provider. This strategic move, backed by Silver Oak Service Partners, LLC, marks Summit's third acquisition in the past 18 months, aiming to bolster its service offerings and cater to the evolving needs of its customer base. Summit CEO Warren Patterson and Deft’s co-founders, Jordan Lowe, Daniel Brosk, and Eric Dynowski, will guide this new phase of innovation, security, and customer-focused solutions.

Strategic Expansion and Unified Vision

Summit and Deft's merger underscores a shared commitment to delivering cutting-edge IT services. With this acquisition, Summit not only expands its geographical footprint but also enriches its portfolio of colocation, cloud, and network services. The combined expertise of both companies is expected to create a robust platform for growth, driven by a customer-first approach and innovative solutions. Warren Patterson, Summit's CEO, emphasized the merger as a fusion of strengths, promising a future where innovation and security are paramount.

Leadership and Vision for the Future

Deft's leadership team, including co-founders Jordan Lowe, Daniel Brosk, and Eric Dynowski, will join Summit’s executive team, playing a critical role in ensuring a seamless transition for clients. With significant ownership and positions within Summit, their involvement is poised to maintain the unique customer experience Deft is known for, while scaling new heights with Summit’s resources. Lowe’s appointment to Summit's Board of Directors signifies a strategic alignment of visions, aiming for unparalleled service delivery in the IT sector.

Backed by Silver Oak's Support

The acquisition signifies not just an expansion of Summit's service offerings but also a testament to Silver Oak Service Partners, LLC's confidence in Summit’s growth trajectory. Silver Oak, specializing in investments across various sectors, has been instrumental in supporting Summit's strategic acquisitions, including Handy Networks and Tech Commandos in 2022. Wade Glisson, Partner at Silver Oak, expressed enthusiasm for partnering with the leadership teams of both companies, highlighting the potential for accelerated growth and innovation.

The merger between Summit and Deft is more than a business transaction; it’s a significant step towards redefining IT services with a focus on innovation, security, and customer-centric solutions. As the newly formed entity embarks on this journey, the IT industry looks forward to the enhanced capabilities and services that will emerge from this partnership.