Blue Ash-based Prosource acquires PBSI Technology Solutions – Cincinnati Business Courier – Cincinnati Business Courier

A Greater Cincinnati technology and business solutions firm that celebrated a record 2021 has acquired a local company in a deal that will allow it to expand its capabilities and expertise.
Blue Ash-based Prosource, a business technology solutions provider, announced Thursday its acquisition of Springdale’s PBSI Technology Solutions, a tech services company specializing in voice, data and security. 
Terms of the transaction were not disclosed. 
Brad Cates, Prosource president and CEO, said the acquisition represents a “significant strategic investment.” The deal deepens the company’s talent and technology portfolio, he said.
“PBSI brings a customer-focused culture that closely aligns with our own,” Cates said in a release.
Founded in 1983, PBSI Technology Solutions serves clients across Ohio, Kentucky and Indiana in health care, manufacturing, distribution, accounting and legal markets. 
With the acquisition, Prosource will incorporate existing PBSI employees as well as PBSI capabilities in structured cabling, telecommunications services and consulting, security and surveillance equipment and audio/video solutions into its portfolio.
Approximately 20 employees will transition from PBSI to Prosource, pushing the company’s employee count to 220. The intent is to keep all employees, and PBSI’s leadership will be critical to the go-forward strategy, Prosource said.
Prosource, founded in 1985, has offices in Ohio, Kentucky and West Virginia. The company works with businesses of all sizes offering managed IT, cybersecurity, enterprise content management and digital transformation solutions as well as office and production equipment and managed print services.
Prosource is one of the region’s largest private companies, per Courier research, with $50 million in revenue in 2020. Prosource experienced record growth in 2021 — business grew nearly 40% as companies continued to manage increasing IT requirements, including supporting a hybrid workforce.
Clients are also enabling cloud-hosted solutions, and preparing for and responding to a rapidly evolving cyber threat landscape, the company said.
“We achieved record growth in 2021, and we expect that growth to continue as organizations take a more strategic, proactive approach to their technology,” Jeff Loeb, Prosource chief operating officer, said in the release.
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