Trox, a provider of technology solutions to the North American education vertical and portfolio company of H.I.G. Growth Partners, the dedicated growth capital investment affiliate of H.I.G. Capital, has agreed to merge with Tierney, a provider of A/V solutions and services for education in the U.S.
Trox expects the addition of Tierney to round out its comprehensive product and service offering with a complete suite of education-specific services, including design and installation, IT asset disposition (ITAD) and product lifecycle management, professional development, and pre- and post-deployment technical support.
“We were seeking a partner to help us better address the challenges faced by educators and students and Tierney was the ideal choice,” said Erez Pikar, CEO, Trox. “As a joint company with unparalleled scale, Trox + Tierney will be able to offer new skills, greater value, and improved purchasing efficiencies to districts and other organizations, as well as access to a larger network of vendors, products, and geographies.”
“Both Trox and Tierney share strong, value-driven cultures, which we will build upon as a unified organization,” said Rob Gag, CEO, Tierney. “Our customer-first approach and deep market knowledge will enable us to bring new and innovative services and offerings to market faster, helping our customers better leverage technology to address their toughest challenges.”
Steve Loose, a managing director with H.I.G., added, “We are very excited about the Trox + Tierney combination. Both companies have a long history of supporting the advancement of K-12 education through the use of technology. We are very confident in the success of the combined business.”