Marcum Technology Expands Its Reach and Enhances IT Capabilities with Acquisition of CLA’s Managed Services Division

Acquisition of CLA’s IT Enhanced Managed Services Division Bolsters Marcum Technology’s Market Presence

Marcum Technology, an IPA 100 firm based in New York with a FY22 net revenue of $1.3 billion, has announced the acquisition of CLA’s IT enhanced managed services division. This move not only expands Marcum Technology’s reach into the Midwest region but also enhances its IT capabilities in the banking and health care sectors. The acquisition was finalized on June 1 and the former CLA team, led by Tim McFarland, VP of managed IT services, will now be part of Marcum Technology.

Marcum Technology CEO Peter Scavuzzo expressed his excitement about the acquisition stating “The addition of CLA’s IT enhanced managed services division to our organization is a significant moment for Marcum Technology. This strategic move allows us to expand into new markets and enhance our capabilities in key sectors. We look forward to working together as we continue to grow and innovate.”

With this acquisition, Marcum Technology is now well positioned as a strong player in the technology services and solutions industry. The company continues to evolve in response to changing market dynamics and remains committed to delivering top-notch services to its clients.

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