CE Pro March 2024 - 56
Channel
TIPS | EDUCATION & EVENTS | DISTRIBUTION
Top Integrators
Merge as
New Vangeo
Technology Group
CE Pro 100 company iWired and
HomeRun Electronics, which both
operate in Arizona and Colorado, form
Vangeo Technology Group boasting
$30M revenues, 130+ staff.
By Arlen Schweiger
LEADING CUSTOM integrators
iWired and HomeRun
Electronics announced
in January that they finalized
a merger to form what
could certainly be considered
a mega integrator, with
the new moniker of Vangeo
Technology Group, LLC.
As Vangeo Technology
Group is integrating the
existing companies, iWired
and HomeRun Electronics
will continue to service
their existing clientele on a
day-to-day basis as wholly
owned subsidiaries, according
to the announcement.
" The teams that builders
and customers are used to
interacting with are continuing
in their roles as the
combining of systems, protocols,
and staff are ongoing, "
Vangeo Technology Group
notes in the announcement.
With combined 2022 sales
of more than $30 million
56 | CE Pro March 2024
across all markets, the new
organization will continue
to service the technology
needs of production and
custom homebuilders,
homebuyers, businesses, and
commercial contractors.
Ranking No. 12 in last
year's CE Pro 100 and among
the top of the list for pureplay
custom integration
firms, iWired, is headquartered
in Scottsdale, Ariz. The
company, which was founded
in 2000, operates out
of Scottsdale and Denver,
Colo., and boasts more than
40,000 projects.
Also established in 2000,
HomeRun Electronics has
headquarters in Colorado
Springs, Colo., and similarly
serves Rocky Mountains
and Western residential and
commercial bases out of
Colorado (Colorado Springs,
Denver) and Arizona (Phoenix,
Prescott).
The new entity will have iWired's Johnathan George as CEO
and HomeRun Electronics' Mike Vann as COO at the helm.
As one of the largest
custom integrators in the
country, Vangeo Technology
Group's 130+ employees
will enable it to continue
to address areas such as
networks, automation, and
security, while also allowing
for the pursuit of opportunities
for new products
and verticals that could not
have been previously served
as individual entities, the
company states.
Johnathan George, who
was president of iWired, will
move into the role of chief
executive officer of Vangeo
Technology Group. Prior to
iWired, George held positions
with Target as a senior
buyer and with Deloitte as a
senior consultant.
Mike Vann, the founder,
president, and CEO of
HomeRun Electronics will
be chief operating officer
of the new entity. Before
HomeRun, Vann spent most
of his career in managed
health care, serving in a variety
of high-level financial
and operational roles.
Mark Hockenberg, who
was chief financial officer of
HomeRun, will remain in his
CFO role.
Vangeo adds that by
combining the best practices,
expertise, and resources
of HomeRun Electronics and
iWired, it will have access
to a broader talent pool,
increased financial stability,
and a more extensive range
of products and services.
" Vangeo Technology
Group is committed to
providing support, resources,
and a smooth transition
for all their employees
and is excited about the
innovation reservoir that
this merger brings to the
combined companies, " the
announcement states.
cepro.com
http://www.cepro.com
CE Pro March 2024
Table of Contents for the Digital Edition of CE Pro March 2024
CE Pro March 2024 - Bellyband1
CE Pro March 2024 - Bellyband2
CE Pro March 2024 - Cover1
CE Pro March 2024 - Cover2
CE Pro March 2024 - 1
CE Pro March 2024 - 2
CE Pro March 2024 - 3
CE Pro March 2024 - 4
CE Pro March 2024 - 5
CE Pro March 2024 - 6
CE Pro March 2024 - 7
CE Pro March 2024 - 8
CE Pro March 2024 - 9
CE Pro March 2024 - 10
CE Pro March 2024 - 11
CE Pro March 2024 - 12
CE Pro March 2024 - 13
CE Pro March 2024 - 14
CE Pro March 2024 - 15
CE Pro March 2024 - 16
CE Pro March 2024 - 17
CE Pro March 2024 - 18
CE Pro March 2024 - 19
CE Pro March 2024 - 20
CE Pro March 2024 - 21
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CE Pro March 2024 - Cover3
CE Pro March 2024 - Cover4
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