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CPA FIRM, VAR FORM VERTILOCITY Featured

HBK IT, a subsidiary of accounting firm HBK CPAs & Consultants, is merging with reseller Vertical Solutions. The announcement said Vertical Solutions president, Bruce Nelson, will lead the combined company.

Combined revenue was said to be $10 million annually. Vertical Solutions sells Dynamics GP and Business Central and in its submission for Bob Scott’s VAR Stars for 202 reported 2019 revenue of $5,970,000. The reseller specializes in the healthcare industry, which the companies said will boost HBK’s support of its more than 600 healthcare clients. Both operations were headquartered in Pittsburgh, Pa., and as a combined operation will also have offices in Clark, N.J., and the Denver, Colo., area. About one third of the VAR’s clients are based in the Denver area. HBK said it can now also offer IT, managed service provider and cybersecurity services in Ohio, Pennsylvania, New Jersey and Florida.

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