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Friday, September 03, 2010
TBJ Article  

Technology firms announce division transaction


Tulsa Business Staff
7/26/2010

SpringPoint Technologies, a technology staffing and information technology services provider, and Peak UpTime, a midsized IT solutions provider, today announced Peak UpTime has purchased SpringPoint’s application development division. The sale follows the retirement of SpringPoint’s founder, Roger Short, and will provide an opportunity to expand the firm’s staffing and managed services divisions.

“Staffing and managed services are our sweet spots, and I believe our focused approach will extend that profitability,” said Travis Short, SpringPoint president. “I’ve worked alongside my father for nearly seven years and am proud to have the opportunity to build upon our joint vision for our company. Selling this division to Peak UpTime positions SpringPoint for tremendous growth.”

Peak UpTime specializes in development, deployment management and integration of technology. The Tulsa-based firm has established a substantial presence in the energy, government, education, medical and financial services markets in Oklahoma and surrounding states.

Founded in 2003, SpringPoint’s application development division has garnered work from several of the area’s largest companies.

“We are excited about the opportunity to expand our client base and deliver our new breadth of capabilities,” said Gordon Martin, president of Peak UpTime. “We believe this is a seamless transition for SpringPoint’s clients. Existing division staff will transition to Peak UpTime.”

Moving forward, SpringPoint, also located in Tulsa, will focus its efforts on its IT staffing and managed services divisions, both of which have more than doubled in the last year.

“The growth we’ve seen in staffing and IT services isn’t a coincidence,” Short said. “It comes from taking the time to understand our clients’ businesses and applying our industry knowledge. Technology is always changing, and I’m excited that SpringPoint continues to be on the forefront of those developments.”

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