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Temprano Techvestors Acquires Network Security Group

NEWTON, N.C., Oct. 27, 2016 (GLOBE NEWSWIRE) -- Temprano Techvestors, the company dedicated to bringing European software products and services to market in North America, today announced the acquisition of Network Security Group (NSG), a network security solutions provider focused on working with value-added resellers (VARs), small to midsize businesses, educational institutions, and government agencies.

The company, founded in 2005 by Peter Streips and currently servicing thousands of organizations nationwide, will act as a Temprano subsidiary and serve as its new distribution arm. By aggregating all of Temprano’s and NSG’s brands and offering them through a single sales channel, customers will have a much wider array of products and services to choose from.

With additional partnerships planned in the months and years ahead, acquiring a distribution arm already focused on IT solutions and security products and services offers multiple benefits. Continuing to operate under the Network Solutions Group name as a subsidiary of Temprano Techvestors, it will aggregate its products with the brands Temprano partners offer, and engage customers through a single portal supported by a world class sales and support team. NSG customers will benefit from a wider selection of products, access to improved services including technical support and a simplified online shopping experience designed to deliver a superior customer experience.

“From the start, we intended to add a distribution arm to our company. Acquiring Network Solutions Group accelerates that effort by affording us an experienced team and a highly engaged buyer who already transacts with us for the category of products we’re broadly bringing to market,” said Temprano Founder Luke Walling. “Our goal is to capitalize on the solid job Peter and his team have done over the past decade in building a customer-focused organization, and add the systems and technical support customers tell us they want and need, to enable us to take their business, our business, to the next level, together as one team.”

In September, Temprano was launched to help emerging market software companies across Europe succeed in the U.S. and Canada. A few weeks later, the company announced its first partner, Safetica Technologies, with plans to bring its DLP (data loss prevention) solution for small to midsize businesses to North America.

“For more than a decade, our team has been servicing and building relationships with thousands of companies, schools, nonprofits and government organizations,” said Mr. Streips, president of NSG. “By joining forces with Temprano, we will continue to provide great service and product selection to our customers throughout North America, while at the same time leveraging Luke’s international connections and expert team to build a truly world-class organization.”

About Temprano Techvestors
Temprano Techvestors helps technology-focused emerging market small to medium enterprises in Europe successfully go to market in North America by investing in them with expertise, outsourcing, strategic partnerships, and capital. For more information about Temprano Techvestors, contact pr@temprano.com.

Media Contacts: David Templeton DBT Communications pr@temprano.com (203) 530-0458 Carleen LeVasseur DBT Communications pr@temprano.com (408) 799-7728

Source: Temprano Techvestors