Parallel Technologies Announces Strategic Investment from Bridgepointe
Dublin, OH – We’re pleased to share that we have received a strategic investment from Bridgepointe Technologies, a tech advisory firm that helps mid-market and enterprise companies transform tech investments into unrivaled business results.
Building on our 40-year history as one of the most prominent voice communications companies in the Midwest, the investment will enable us to leverage the marketing and operational assets of Bridgepointe and offer a broader range of solutions and services.
“Parallel’s white-glove service model and 40-year track record of helping clients navigate the ever-changing tech landscape made them an ideal investment for Bridgepointe,” explained Scott Evars, Co-Founder and Chief Executive Officer, Bridgepointe. “The firm’s deep commitment to its employees is closely aligned with our culture, and they truly are the perfect partner for us to expand our reach in Ohio and the Midwest.” Founded in 1983, we serve a vast array of clients, from Midwest-based global Fortune 500 companies in manufacturing and healthcare, to regional universities and professional services firms, to local school districts and government agencies. Since 2020, we have been employee-owned, and this approach has helped the company continue to thrive.
“Bridgepointe’s strategic investment provides us with an exceptional opportunity to continue to do what we do best, which is build deep and lasting relationships with our clients while building value for our employee-owners,” shared Don Poling, President, Parallel Technologies. “With Bridgepointe’s world-class team and resources, we’ll be able to enhance our services and leverage their marketing and operational assets. We’re excited to start this new chapter with them at our side.”
We’ll operate as Parallel Technologies powered by Bridgepointe, effective immediately, with our leadership and employees continuing to serve clients as we do today.
About Parallel Technologies, Inc.
Parallel Technologies, Inc. is a premier provider of business communications, including phone systems, Unified Communications, VoIP, SD-WAN, and networking (both on-premise and as-a-service). Through strategic partnerships with top-rated equipment and service providers, Parallel serves as a single point of contact for all communications needs. The company’s dedication to responsive, reliable service has earned numerous industry awards, including multiple ShoreTel Circle of Excellence Awards. Parallel believes its most important work is to provide value in relationships–with customers, vendor partners, the community, and employees. The company has been nominated as a Best Place to Work every year since 2007, and in October 2020 became employee-owned. Parallel consistently ranks among top partners to its vendors, from CBTS Partner of the Year to Mitel Platinum Partner status. For more information, visit www.paralleltech.com.
About Bridgepointe
Bridgepointe Technologies is a leading tech advisory firm that helps mid-market and enterprise companies transform their technology investments into unrivaled business results. Over the past 20 years, Bridgepointe has worked with over 12,000 companies to help them evaluate, implement and manage tech solutions to save money and increase ROI. The firm offers a full range of strategic solutions and services, including Lifecycle Management and Customer Experience. For more information about Bridgepointe, please visit www.bridgepointetechnologies.com.
