Rent-to-own News

Rent-to-own News - High Touch continues to acquire out-of-state technology companies

February 3, 2012

Wichita-based High Touch recently closed on the acquisitions of sister businesses in Dallas, UniComData and Dallas Data Center. That followed the Jan. 1 purchase of NewBase LLC, a small web-development company in Wichita.

The acquisitions help High Touch further expand its regional presence and its services.

In 2011, High Touch bought Attain Technologies LLC in Denver. That followed a 2010 purchase of Kansas City-based IT Pros Corp, according to the Wichita Business Journal.

High Touch now has offices in Wichita, Kansas City, Denver, Dallas and Corpus Christi, Texas.

High Touch President Wayne Chambers says by buying UniComData and Dallas Data Center, High Touch is able to offer more data-center management services, such as off-site server storage. The deal, he says, also gives High Touch a larger presence in the Dallas market to serve an existing client base as well as reach new customers among small- and medium-sized businesses.

High Touch also plans to incorporate more web-development services with its purchase of NewBase.

With the deals, High Touch has added 21 employees. The company now has 185 full-time employees and 20 to 25 contractors.

Chambers says High Touch is in the process of fully assimilating employees from the acquired businesses into its operations. UniComData owner Tim Freeze becomes the division vice president for High touch’s Dallas operations with the close of the purchase.

In UniComData, High Touch gets an established company that has been in business in the Dallas area for 22 years and has three data centers there.

Freeze says he saw opportunities to provide complementary services by aligning with High Touch.

High Touch’s purchases are not the only recent example of a technology company expanding its services through acquisition.

On Tuesday, Cybertron International Inc. in Wichita purchased another local company, The Bill Guy Technology Solutions, to expand its managed-services division, CybertronIT.

Bill Guy owner Bill Ramsey, who is now a part owner of Cybertron and its chief technology officer, says technology companies use mergers and acquisitions to quickly expand their presence, often nationally, rather than growing organically.

He says joining with Cybertron allowed him to substantially expand his company’s book of business with national clients, something that could have otherwise taken years to do.


 

About APRO
The Association of Progressive Rental Organizations is the official voice of the rent-to-own industry and the most accurate and trustworthy source of rent-to-own news in the industry. Founded in 1980, APRO is the national, nonprofit trade association advocating and representing the rent-to-own industry before the U.S. Congress, state legislatures, courts, media and the public.

For more information, visit www.rtohq.org.




2012 APRO Convention and Trade Show

July 24-26, Memphis, TN

Attendee Information

Exhibitor Information

Thank you APRO 2012 Sponsors

Get Social with RTOHQ.org!
Watch RTOHQ Rent to Own videos on YouTube!
Follow RTOHQ on Twitter!
Join RTOHQ on Facebook!
Share RTOHQ and bookmark your favorites
Featured APRO Photo:
From the APRO 2007: Rent-to-Own Awards Banquet Album
Lifetime Achievement

View All RTO Photos
in the RTOHQ.org gallery
RTOHQ: The Magazine
RTOHQ: The Magazine is the Association of Progressive Rental Organizations' award-winning rent-to-own industry magazine, and it's available here.

CLICK HERE FOR OUR DIGITAL RTOHQ: THE MAGAZINE

 

RTOHQ: The Magazine’s upgraded digital format

APRO's new, mobile-ready magazine is now available in addition to our print edition. The digital format provides the same informative content as our printed magazine, but also offers tools to make the reading experience more enriching. Access the table of contents page with one click or tap. Get additional information from advertisers by clicking on the links in their ads. The interface is easy to navigate and requires no special app—read our magazine on your computer, digital table or smartphone. Click here to access the digital version of RTOHQ: The Magazine March-April 2012.

 

 

A New Rent-to-Own Experience

by Neil Ferguson

Here’s the lowdown on APRO’s 2012 Convention and Trade Show, July 24-26 in Memphis. The RTO industry’s big event will offer many valuable experiences, including insights on how to turn your stores into “experiences”–the good kind for consumers

 

Who Is Your Competition?

by Bill Keese

In order to expand your customer base, you can learn a lot by observing your competitors. But first, you need to figure out just who they are. If you think your only competition is the rent-to-own store down the street, you’re not considering the bigger picture. APRO’s executive director offers a big-picture perspective.

 

A Review of Online Customer Complaints

by Ed Winn III

While rent-to-own companies have not cornered the market on negative reviews posted on consumer complaint websites, it’s no surprise that there are cyberspace beefs against RTO. APRO’s general counsel reviews some of them in search of a pattern and he considers appropriate response to online complaints.

 

Rent-to-Own Families, Part VIII

by Kristen Card

Our series of family-run rent-to-own businesses continues with profiles of the Homeiers in Kansas and two Texas-based sets of kindred colleagues, the Spangles and the Weisblatts.

 

 

Future issues of APRO's magazine will be available in this same new format. Click here to access past issues that are not yet archived in the new interface.

 

Association of Progressive Rental Organizations
1504 Robin Hood Trail
Austin, Texas 78703
800/204-2776, ext. 103
Fax 512/794-0097