LOS ANGELES, Nov. 12, 2013 /PRNewswire/ – Cal Net Technology Group, the premier provider of outsourced IT and Unified Communications services to the Southern California SMB market, has announced an investment from Olympic Valley Capital and Boathouse Capital to accelerate its growth. As part of the investment, Zack Schuler, Cal Net’s Founder, has bolstered the management team, promoting Luca Jacobellis to the role of President and recruiting Brian Kreiner to the role of Chief Executive Officer.
“The IT landscape is constantly in flux, and to adapt to these changes we are making investments in our business, in our people, and in our capabilities to ensure that we continue to grow with our clients. I am extremely excited for our future. The goal is to enhance Cal Net’s capabilities significantly, and we are realizing that vision,” said Zack Schuler.
Brian Kreiner brings to Cal Net significant experience growing middle market businesses. He commented, “There is an enormous need in the Southern California area for top-tier expertise that can address the complex IT needs of SMB organizations. Cal Net has built a sterling track record as a partner for these organizations, earning their trust in caring for their critical systems. With the team we have built and the added resources from our investment, Cal Net’s future is very bright.”
Luca Jacobellis, who has led Cal Net’s service delivery arm since 2000, remarked “What has made Cal Net special is our ability to couple an unparalleled level of technical expertise with fanatical customer service to ensure that our client’s environments are maintained at the highest standards. With this expansion of our team we can continue to deliver an unmatched level of service while growing our offering for our clients.”
Cal Net has earned the distinction of Microsoft’s 2013 Western Region SMB Partner of the Year, is a Microsoft Gold Partner, a ShoreTel Gold Partner, and is one of eight organizations on ShoreTel’s advisory board. The group has been named to the World Wide MSP Mentor top 100, is a member of CRN Magazine’s Fast Growth 150 List, and is an Ingram Micro top 500 SMB honoree. Additionally, Cal Net has been named as one of the top 100 “best places to work” and “fastest growing private companies” since 2009 by the San Fernando Valley Business Journal and Los Angeles Business Journal.
Together, the team plans to rapidly grow the well-respected business by recruiting additional sales and engineering staff, introducing new product and service offerings, and increasing its depth and expertise in its end-markets of focus in current and new territories.
About Cal Net Technology Group
Cal Net Technology Group is the premier provider of outsourced IT and Unified Communications in the Southern California market, servicing organizations with 10-1000 employees. Through its TECManage, COManage, SYSManage service offerings, and ShoreTel implementation and support services, Cal Net excels in tackling the complexities of partially and fully outsourced IT and voice systems implementation and support services with onsite and remote delivery models. http://www.calnettech.com.
About Olympic Valley Capital
Based in San Francisco, CA, Olympic Valley Capital is an investment firm focused on privately-held small and medium sized businesses. Olympic Valley provides flexible equity capital and top-tier operational and strategic support to help accelerate growth. http://www.olympicvalleycapital.com.
About Boathouse Capital
Based in Wayne, PA, Boathouse Capital is a $120 million private equity firm that invests mezzanine debt and equity into lower middle market businesses in a variety of industries. Boathouse invests into companies with an established track record and significant growth potential. http://www.boathousecapital.com.