Applied Equity is pleased to announce that its stake in iNSYNQ through Cloud X Partners has been sold to Summit Hosting.
ATLANTA and SEATTLE – December 09, 2019
Summit Hosting, a leader in managed application hosting, announced today that it has completed the acquisition of iNSYNQ’s business assets, as another step in its strategic effort to take cloud computing and Desktop-as-a-Service (DaaS) to a new level.
The transaction reinforces Summit Hosting’s position as one of the largest managed application hosting providers, with a comprehensive suite of cloud solutions for small to medium-sized businesses including QuickBooks, Sage and other managed business application hosting on dedicated servers. The addition of iNSYNQ’s business assets to Summit’s business means increased security, flexibility and stability for iNSYNQ customers.
“We are thrilled to welcome iNSYNQ customers to the Summit Hosting family. Over the past 20 years, iNSYNQ has built an incredible business empowering accounting professionals to do their jobs effectively,” said Stanley Kania, CEO of Summit Hosting, “This transaction continues Summit’s rapid and strategic growth, and expands Summit’s unmatched offerings for accounting professionals and SMBs looking for secure and reliable cloud solutions.”
With Summit Hosting’s dedicated servers, customers can now manage their own resources as well as install and integrate their own applications versus the limited capabilities offered by a shared environment. Customers can still access their applications and files remotely and collaborate with clients and employees from anywhere.
“iNSYNQ customers will have the option to move over to the Summit platform quickly, giving them the increased security, flexibility, and stability of their own dedicated server. Ensuring that former iNSYNQ customers are able to now have their own dedicated server is going to be a game changer.” Kania further noted that “iNSYNQ customers can also count on an exceptional level of customer service- our support team has a 95% satisfaction rating.”
Summit Hosting will maintain its headquarters in Atlanta, GA and will now have several additional employees throughout Washington state.
About Summit Hosting Summit Hosting was founded by Stanley Kania and Warren Patterson in 2016 through the merging of myownASP.com and NovelAspect.com. Bringing these companies together and creating Summit Hosting has catapulted the business into becoming a leading cloud hosting provider for QuickBooks and Sage Programs in North America.
Summit Hosting provides cloud hosting services to U.S.-based and international businesses, delivering the highest level of performance, security and customer service. They offer clients dedicated servers in addition to hosting numerous 3rd party applications. Your experience with Summit Hosting begins with a knowledgeable U.S.-based sales team. They work with you one-on-one to understand your business, goals and hosting needs. Once they’ve developed the right solution to meet your objectives, Summit Hosting puts that plan into action with their technical team.