Digital Consultant OST to Expand Cloud Services with Latest Acquisition
GRAND RAPIDS — Digital and IT consultant sound expanded its cloud service capabilities through a recent acquisition.
On Monday, the Grand Rapids-based company announced that it had completed the acquisition of Stratum Technology Management just before the end of 2021. Stratum is based in Richmond, Texas, and combines architects, engineers, and cloud project managers with OST.
The acquisition gives OST customers access to a more robust cloud service, while the two companies also separately specialize in cloud services tailored to the healthcare industry.
“Stratum has been a market leader in cloud integration and managed services for six years,” Stratum CEO and co-founder Ryan Trimberger said in a statement. “Our customers had an appetite for other services that were not part of our core business, and we found OST to be the perfect fit, both technically and culturally, for our employees and customers.
“This acquisition with OST is a strategic move to better serve our customers as demand increases for cloud (Internet of Things), healthcare-focused cloud deployments and managed services,” he added.
In an announcement about the deal, OST said it continues to seek new partnerships that will enhance its capabilities. The company — which operates locations in Grand Rapids, Detroit and Minneapolis — is also looking for leads that fit its culture.
In 2021, corporate action acquired Based in Minneapolis Azul Seven, a digital design and integrated services provider, and focused on integration over the past year. The move bolstered OST’s existing presence in Minneapolis.
“For 25 years, OST has helped clients design, build and manage how and where technology works,” OST President and CEO Meredith Bronk said in a statement. “The acquisition of Stratum Technology reflects a rapid acceleration in this space and ensures that OST continues to drive meaningful and valuable results for our customers.”
Since 2012, OST has been a holding company of Kodiak, based in Alaska Koniag inc., an Alaska Native Regional Corporation established for the benefit of more than 3,400 Alutiiq shareholders of the Kodiak Island area.
Koniag has a diverse portfolio that includes businesses in the public procurement, commercial IT, and energy and water sectors, as well as real estate across the country.