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iGambit, Inc. (IGMB) Leaning on Seasoned Leadership Team to Guide Acquisition-Based Growth Model
iGambit, Inc. (OTCQB: IGMB) is a diversified holding company focused primarily on the acquisition of early-stage technology firms with strong growth potential that’s easily recognized in the public arena. Leveraging the considerable industry experience of its board of directors and manage-ment team, iGambit offers talented entrepreneurs an opportunity to focus their time and energy on building a business instead of searching out inves-tors or raising capital. Following acquisition, iGambit provides the capital and management expertise required to help its partner firms flourish with the intention of ‘spinning off’ the acquisition to the benefit of both the newly independent business and iGambit shareholders.
One of iGambit’s most recent acquisitions occurred in November 2015, when the company added ArcMail to its portfolio. Founded to help clients boost email server performance and satisfy associated regulatory requirements, ArcMail is a leading provider of simple, secure and cost-effective email and enterprise archiving and management solutions. In April 2016, the marketability of ArcMail’s technology was highlighted when the firm was selected as a ‘Top 20 Enterprise Security Company of 2016’ by leading IT publication CIOReview.
At the core of iGambit’s business model is its experienced leadership team. John Salerno, chairman of iGambit, is a seasoned executive with more than four decades of experience in the technology industry. In addition to providing consulting services to a wide range of clients, Salerno founded a startup that later became a multi-million dollar business servicing the New York real estate market. In 1996, he cofounded bigVAULT, Inc., an online backup and file-sharing company that later became iGambit following an asset purchase sale with Verizon and Cablevision.
In June 2016, iGambit appointed Rory Welch as its chief executive officer. Welch originally joined the iGambit team through the ArcMail acquisition, bringing more than 20 years of senior management experience spanning multiple industries and global geographies to the company. Prior to serving as ArcMail’s president and CEO, Welch managed his own consulting firm, which attracted clients ranging from Fortune 100 companies to mid-market players across a number of industry verticals. Welch also held leadership positions at Movado Group, Inc., as well as Arrow Electronics, where he was responsible for overseeing all aspects of product management for the tech firm’s $1 billion Asia-Pacific division.
For more information, visit the company’s website at www.iGambit.com
