TRG, a global MSP, announced the acquisition of Boreal 4.0. Boreal is an AIDC-focused automation company, based out of Argentina. The transaction is expected to allow TRG to expand its managed services into Latin America, in addition to enhancing its robotics and automation capabilities.
“Boreal 4.0 has established itself as an innovative player in the Latin American market,” said TRG president and CEO, Sean Kennedy. “Bringing together our capabilities will help us lead the global market in innovative endpoint solutions and managed services.”
TRG will buy four of Boreal 4.0’s locations in Argentina, Chile, Colombia and Mexico, with 40 employees joining the team. This expansion should allow TRG to support customers across three continents and nine countries, leveraging a workforce of over 500 employees, spanning 12 facilities.
“We’re thrilled to be joining the TRG family,” said Roberto Fuhr, CEO of Boreal 4.0. “Our customers already know us for our innovative solutions and being a leader in the robotics and automation space, but now we are backed by one of the largest global MSPs in the world which will allow us to round out our managed services offerings.”
In preparation for this expansion, TRG previously brought on Gregg Gough as director of automation, to help drive automation and robotics capabilities for customers. Previously at Honeywell Intelligrated, Gough has experience in consulting and designing automation solutions for customers.
“Gregg will be working hand-in-hand with our new Boreal 4.0 teammates to ensure our robotics and automation offerings are seamless globally,” said Kennedy. “This is an incredibly important acquisition for us because it not only expands our global footprint into geographies that are untapped, but it also opens a door to leap ahead through innovation overnight.”
This is the third acquisition TRG has made in the past two years to expand its global reach. It also just merged capabilities with its’ sister company, Inversion6, which is now TRG’s dedicated cybersecurity division. The moves have doubled TRG’s size while also expanding its capabilities.
“Our customers and partners know that we move quickly and we stay ahead of the competition,” said Kennedy. “Bringing Roberto and his team onboard isn’t just about an acquisition but also a great extension of our culture. We can’t wait to get to work together to create more synergies for our global customers.”