SnapIT acquires fellow minority-, woman-owned tech company, expands customer footprint into government solutions
June 1, 2021 | Startland News Staff
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.
“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.
“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.
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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.
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