Drake Star Acts as Exclusive Financial Advisor to Focus Technology and Seacoast Capital on their acquisition of Converged Technology Group

New York, NY | August 8th 2025 – Focus Technology (“Focus”), a leader in AI-powered IT Infrastructure, Managed Services, Cybersecurity, and Cloud Innovation, announced the acquisition of Converged Technology Group (“Converged”), a New York-based IT services provider with deep expertise in Managed Services, Collaboration, Cloud, Enterprise Networking and Data Center Solutions. This strategic acquisition strengthens Focus Technology’s presence in the East Coast of the U.S., while also expanding capabilities across several key solution areas.

Drake Star acted as exclusive financial advisor to Focus and its Private Equity backer Seacoast Capital (“Seacoast”) on this transaction.

The acquisition brings together two highly complementary organizations known for their commitment to customer success, technical excellence, and long-standing client relationships. The Converged team is recognized for their top-tier Network Operations Center, robust security services, and strong industry partnerships. They will continue to support their clients with the same dedication and expertise they’ve demonstrated for nearly two decades. Moving forward, Focus and Converged will become one team, seamlessly emerging as a leading provider of complete business technology solutions and services in the Northeast.

Focus’s CEO, Chris Caprio, commented: “We’re thrilled to welcome the Converged team to Focus. This acquisition brings together two strong regional companies with shared values and a unified vision to deliver exceptional Managed Services, Advanced Security and Infrastructure Solutions to our customers. It also marks the addition of a Collaboration Practice to our existing suite of solutions.”

Converged has built a trusted reputation among mid-market and large enterprise clients across the Tri-State region. Their experience and customer relationships will play a key role in advancing Focus Technology’s growth and service delivery.

Sam Levy, Partner at Drake Star, said: “It’s been a pleasure supporting Focus and Seacoast in their strategic growth program and their acquisition of Converged. Chris and his team have built an exceptional business under Seacoast’s leadership, and this combination marks a great step forward. We’re proud to have advised on this transaction and will continue working closely with Focus to identify future acquisition opportunities.”

Drake Star Team: Sam Levy, Stanley Bejanski, Pei Chao Zhuo

Inquiries 

For further inquiries, please contact: 

Sam Levy

Partner | Drake Star

sam.levy@drakestar.com | + 1 310-696-4011

About Focus Technology

Focus Technology was founded in 1997 as a team of skilled IT engineers and consultants with a single vision — helping companies maximize their technology to meet their business goals. Their team consistently drives growth for organizations not only throughout the Northeast but also across the country. Focus strives to be the leading IT partner and provide customers with a new way to consume technology by designing and implementing innovative AI-driven IT solutions through personalized service that results in positive business outcomes to help its customers automate and grow.

For more information, visit https://www.focustsi.com/

About Seacoast Capital

Seacoast seeks to make non-control investments in lower-middle market companies across the United States. The firm specializes in mezzanine capital, growth financing, acquisition financing, management and shareholder buyouts, and recapitalization. The firm prefers to invest in specialty manufacturing, value-added distribution, commercial and consumer services, environmental services, logistics, infrastructure services, health and wellness, and consumer sectors.

For more information, visit https://www.seacoastcapital.com/

About Converged Technology Group

Converged began in 2006 and is an established IT services provider, headquartered in Long Island, NY. Converged offers fully outsourced managed services for small and middle market companies, co-managed IT services for the mid-market commercial and enterprise market segments as well as being amongst best in class for the design, implementation and ongoing support of multi-vendor, hybrid cloud solutions for the customers they serve. Converged employs a highly qualified and innovative team of employees who design, implement, and operate integrated Advanced Technologies customized to solve client business needs.

For more information, visit https://www.convergedtechgroup.com/

About Drake Star 

Drake Star is an award-winning global tech investment bank that has completed over 500 transactions since 2003. The Drake Star global team of experienced professionals and senior advisors across offices in New York, Munich, London, Paris, Los Angeles, San Francisco, Berlin, and Dubai* focuses on mergers & acquisitions and corporate finance services worldwide in Software/SaaS, HR Tech, Digital Services, FinTech, Digital Media, Industrial Tech, Consumer & Retail Tech and Mobility & Sustainability.

This testimonial was given by a client.  The testimonial is no guarantee of future performance or success.  This is not a paid testimonial and no material conflicts of interest exist between the person(s) providing the testimonial and Drake Star. Drake Star is the marketing name for the global investment bank Drake Star Partners Limited and its subsidiaries and affiliates. In the USA, all securities are transacted through Drake Star Securities LLC. In the USA, Drake Star Securities LLC is regulated by FINRA and is a member of SIPC. Drake Star UK Limited (FRN 942020) is an appointed representative of Razlin Ltd (FRN 730805), which is authorized and regulated by the FCA. © 2025 Drake Star Partners Limited.

For more information, visit www.drakestar.com.

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