Velosio has acquired Velosio, based in the Columbus, Ohio, area, was No 7 on Bob Scott’s Top 100 VARs for 2020, reporting $88 million in revenue. It most recently said it had 375 employees. Based in Bethesda, Md., Broadpoint was No. 41 on the Top 100 list with $19.2 million in revenue and 101 employees. The Velosio announcement says Broadpoint is bringing the purchaser about 50 sales, technical, and delivery resources. Broadpoint specializes in nonprofits and markets a package based on Dynamics Business Central, Broadpoint BC Fund Accounting. It also serves the manufacturing, professional services, and field service markets. Velosio sells the full range of Dynamics ERP products, along with NetSuite. Founded 19 years ago, Broadpoint was head by CEO and founder Lee Raesly, who has become an executive director of Velosio.
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