SnapIT acquires fellow minority-, woman-owned tech company, expands customer footprint into government solutions

June 1, 2021  |  Startland News Staff

Sheila Martinez, A.S.K. Associates, and Neelima Parasker, SnapIT Solutions

SnapIT Solutions is scaling once again, announcing Tuesday the acquisition of a Lawrence-based tech company with a more-than-40-year legacy. 

The Overland Park-based solutions and training company formally completed its purchase of A.S.K. Associates last month, signaling a path of steady and continued growth for SnapIT and the end of an era for the acquired company and its founding team; now headed into retirement.

Sheila Martinez, A.S.K. Associates, and Neelima Parasker, SnapIT Solutions

Sheila Martinez, A.S.K. Associates, and Neelima Parasker, SnapIT Solutions

“We needed the right company, equipped with unparalleled dedication and [the] ability to deliver for our clients — locally and nationally,” explained Dr. Sheila Martinez, A.S.K co-founder and CEO.

“SnapIT is the ideal company to continue our legacy of superior service for our clients.”

Click here to read more about a year of steady growth for SnapIT, including a virtual tour of its pandemic-opened headquarters in Overland Park. 

Terms of the deal were not immediately disclosed, but its impact is expected to carry significance. SnapIT plans to retain the entire A.S.K. team (more than 20 people) and is set to expand its customer base to include federal and state governments, the company said in a release, highlighting ways the acquisition could prepare the startup for national scale. 

“This expansion enables SnapIT to further advance its computer programming, training services and solutions, to help solve the IT workforce shortage, and create more technology talent training across multiple states within the U.S.,” SnapIT said, noting A.S.K. holds blanket purchase agreements with the U.S. Departments of Education and Commerce. 

The company has also been awarded a State of Kansas I.T. contract, which supports the Kansas Department of Health and Environment and the Kansas Department of Agriculture. 

Neelima Parasker, SnapIT Solutions

Neelima Parasker, SnapIT Solutions

“This acquisition creates an opportunity for our state and federal government customers to reap the benefits of a diverse IT workforce, championing its rippling benefits, resulting in a win-win [for all],” said Neelima Parasker, SnapIT founder and CEO. 

“SnapIT is now further equipped to leverage its enhanced collective buying power and pass on to its clients the value in the form of reduced costs or additional concessions.”

Parasker believes the merger will better position SnapIT to reach its goal of providing access to training and job opportunities for youth and members of diverse communities, she added, noting both companies are certified women’s business enterprises (WBE’s) and helmed by minority founders. 

“SnapIT aspires to welcome and embrace thousands more students this next year through its proprietary and patent-pending regenerative workforce model, SnapIT SPRNT,” she explained. 

Click here to read more about SnapIT and its commitment to filling needs in the current job market.

This story is possible thanks to support from the Ewing Marion Kauffman Foundation, a private, nonpartisan foundation that seeks to build inclusive prosperity through a prepared workforce and entrepreneur-focused economic development. The Foundation works to change conditions, address root causes, and break down systemic barriers so that all people – regardless of race, gender, or geography – have the opportunity to achieve economic stability, mobility, and prosperity. 

For more information, visit www.kauffman.org and connect with us at www.twitter.com/kauffmanfdn and www.facebook.com/kauffmanfdn.

startland-tip-jar

TIP JAR

Did you enjoy this post? Show your support by becoming a member or buying us a coffee.

Tagged , , , ,
Featured Business
    Featured Founder

      2021 Startups to Watch

        stats here

        Related Posts on Startland News

        ‘Hardest deal is always the first one’ — Partnership adapts Motega Health tech for animal use

        By Tommy Felts | January 25, 2019

        A new licensing deal with Simini Technologies has unleashed disruptive potential for Lawrence-built Motega Health, the company announced Thursday. “We are very pleased to be partnering with Simini and their team and are excited by the energy and creative thinking they are bringing to the commercial process in veterinary medicine,” said Dr. Blake Hawley, founder…

        Ryan Weber, KC Tech Council

        KC Tech Council: ‘No Coast’ aims to prove landlocked doesn’t mean limited for local tech industry

        By Tommy Felts | January 24, 2019

        Kansas City has been “punching above its weight” since the days of covered wagons, said Ryan Weber, noting the tech industry specifically has an impact of almost $11 billion a year on KC’s local economy. “Nationally, our profile has risen so much,” said Weber, president of the KC Tech Council which works to support the…

        Evergy

        By Tommy Felts | January 24, 2019
        Matt Watson, Stackify

        KC angels pile in with $2.74M funding raise for Matt Watson’s Stackify

        By Tommy Felts | January 23, 2019

        A team of six local angel investors has pushed Kansas City-sourced Stackify past the $2 million mark in the company’s latest funding raise, Matt Watson announced Wednesday. “We are using the funds to continue our aggressive growth plans,” Watson, founder and CEO, said of the raise. Uploaded onto the startup scene in 2012, Stackify has…