Fresno tech firm makes $5 million acquisition

Jason Oliveira Image
Tuesday, November 15, 2016
Fresno tech firm makes $5 million acquisition
On Monday, Fresno's BCT Consulting announced it has inked a $5 million deal to acquire two Bay Area technology companies.

FRESNO, Calif. (KFSN) -- The largest tech firm in the Central Valley is about to double its operation. On Monday, Fresno's BCT Consulting announced it has inked a $5 million deal to acquire two Bay Area technology companies.

"We believe the future is here in the Central Valley," CEO Eric Rawn said.

BCT Consulting has been around 20 years and has a client base of 3,000 people, providing everything from computer support to technology solutions for companies. This latest acquisition will allow BCT to expand its foothold throughout California.

"We're growing," Rawn said. "Not only organically, but through acquisitions and mergers - which not only helps us expand throughout the state, but it's allowing us to bring in new technology into the Valley that would not be able to bring in so quickly."

The deal is a win-win for the city. BCT's economic growth will also bring up to 50 high-paying jobs to the area.

"These are not $14 an hour jobs, which are fine jobs," Fresno Economic Development Director Larry Westerlund said. "These are quite a bit higher and of course that has a positive ripple effect through the entire economy and the city."

The city's vision is to bring more tech companies and startups like BCT Consulting to Fresno

"I'm going to follow the lead of my predecessor, mayor Swearengin, to make a top priority of developing jobs and job creation and improving the overall quality of life for the entire city of Fresno," mayor-elect Lee Brand said. "These advanced type of jobs is what Fresno needs."