SilverSun Technologies, Inc. (SSNT) Inks Letter of Intent to Acquire Leading Software Reseller
SilverSun Technologies announced before the opening bell today that its wholly owned subsidiary, SWK Technologies, the premier total solutions provider specializing in business software solutions, has entered into a letter of intent to acquire the assets of Hightower, Inc., a Chicago-based reseller of Sage Software products. Completion of the acquisition is anticipated to add more than $3,000,000 in annualized revenue while being immediately accretive to SilverSun’s earnings. Founded in 1987, Hightower has installed systems at prominent companies throughout the Chicago region. The transaction, which is subject to the signing of definitive agreements and customary closing conditions, is expected to close…