Dallas Telecom and Houston Information Technology Companies Announce Merger Plans To Strengthen Client Capabilities
The resulting company will retain the CHR Solutions name, with company headquarters located in
CHR Solutions is a premier telecommunications consulting company with a 60-year heritage of serving clients primarily in the rural telecommunications industry. CHR Solutions’ integrated offerings include engineering, financial, marketing, regulatory, operational, association management, and strategic planning services.
Global 1 Source Group helps its clients grow revenue, control costs, ensure compliance/continuity, and align information technology to business goals, and is focused primarily on middle-market companies. G1SG’s services include business consulting, IT infrastructure, IT managed services, and applications services. G1SG is also a
Roger Hutton, president and chief executive officer of CHR Solutions, said: “This merger demonstrates our ongoing commitment to meeting the changing business and technology needs of our telecommunications clients. It increases our IT capabilities and diversifies our overall business base while providing growth opportunities for our clients and employees.”
James Taylor, chairman and chief executive officer of G1SG, said: “This merger offers our clients a trusted single source for a wide-range of proven telecommunications, business consulting, and technology services. It reflects the entrepreneurial heritage of both companies by creating the new business platforms needed for success.”
Mr. Taylor will be chairman and chief executive officer of the combined companies. G1SG co-founder Arun Pasrija will be president and chief operating officer of the enterprise. Mr. Hutton will be a company director and president of the Telecommunications and Infrastructure business unit, which will include his current telecommunications business and the G1SG IT infrastructure and IT managed services practices.
All the executives from the current CHR telecommunications business retain their current roles and responsibilities. This includes Rick Overman, executive vice president of engineering services; Barry Moore, senior vice president of engineering services; Kent Larsen, senior vice president of financial services; Lori Vergin, vice president and chief market strategist; Jo Shotwell, senior vice president of telecom business compliance; and Conley Cathey, president of industry relations.
“The rural telco market has seen its share of changes during my 50 years in this business, and winners adapt to change, which is what we’re doing in this merger,” said Mr. Cathey, whose accolades include the Lifetime Achievement Award from the National Telecommunications Cooperative Association (NTCA). Ms. Shotwell is also a recipient of this award, of which only six have been given.
Alan Plott, senior vice president, will continue to lead the Business Consulting Service business unit. Shafique Pappa remains vice president of Applications Services. As previously noted, Vice President Kimberly Tessmer will continue to manage the IT Infrastructure and IT Managed Services practice who reports to Mr. Hutton.
Mark Vance will serve as chief financial officer of the merged company, and Brian Oswald will head up sales and marketing; both are executive vice presidents. Stan Victor continues as vice president of marketing and public relations reporting to Mr. Oswald.
This merger represents the culmination of a strategic partnership announced in March 2005 between the two companies. Joint projects already underway with rural telco and middle-market clients include business continuity/disaster recover planning, network upgrade planning for Internet protocol television services (IPTV), and IT compliance and process, policies and procedures services.
# # #
Houston Technology Center (HTC) is a business accelerator that assists Houston-based emerging technology companies in key sectors such as: Energy, Information Technology, Life Sciences, Nanotechnology and NASA-originated technologies. See www.houstontech.org for more information.