ScanSource acquires Wisconsin-based consulting firm Canpango

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ScanSource, a Greenville-based distributor of technology products and services, has acquired Wisconsin-based consulting firm Canpango.

Canpango provides a number of professional services, including sales-force solution configuration and implementation, business-process consulting, training and education, application development, and data migration and reporting, according to a news release.

The acquisition, which was finalized earlier this month, allows ScanSource and Intelisys, the company’s distributor of telecommunications and cloud services, to expand their customer-relationship-management capabilities and professional-services offerings without opening their own practice, according to the release.

Mike Baur, CEO of ScanSource, said in the release that technologies and requirements for customer-relationship management are becoming larger and more complex, and “the team at Canpango brings extensive experience around these technologies, as well as the professional services needed to make these solutions successful.”

Canpango has about 70 employees and is headquartered in Milwaukee, with offices in Chicago, New York, London, and Port Elizabeth, South Africa.

Matt Lautz, co-founder and CEO of Canpango, along with the Canpango team, will join ScanSource. Lautz will lead Canpango as ScanSource’s customer-relationship management and business-process consulting practice, the release said.

“We are excited to join the ScanSource team and to deliver the professional services that can help both ScanSource and Intelisys partners accelerate these business opportunities,” Lautz said in the release.

Founded in 1992, ScanSource is a provider of technology products and solutions, with a focus on point-of-sale, payments, bar code, physical security, unified communications and collaboration, and cloud and telecom services.

In addition to its acquisition of Canpango, ScanSource recently purchased POS Portal, a California-based company that provides payment devices and services to small and medium-sized businesses.

Under the agreement, the all-cash transaction includes an initial purchase price of about $144.9 million, plus an earn-out payment up to $13.2 million to be made on Nov. 30, according to a news release.

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