Velonex Technologies Grows w/ the Commercial IT Management Business Unit of Newberry Group


San Antonio, TX. (May 14 , 2024) – Velonex Technologies, a leading IT services and cybersecurity provider, has announced the acquisition of the commercial IT management business unit of The Newberry Group, which specializes in professional services and IT solutions.

Headquartered in Maryland, under the leadership of Christopher J. Steinbach as President & CEO, The Newberry Group’s Commercial IT Management team offers technology solutions for all industries, specializing in optimizing operations and minimizing risk to deliver tangible business value.

“I am thrilled by the opportunities this transaction will bring to our commercial delivery team and clients,” said Chris Steinbach, President and CEO of The Newberry Group. “We share the same values as Velonex Technologies. With their impressive growth trajectory, our commercial team and clients will have an opportunity to scale and improve seamlessly with Velonex Technologies.”

With this merger, Velonex Technologies expands its footprint in the mid-Atlantic and enhances its capabilities to serve clients worldwide. Driven by their shared core value of Excellence, Velonex Technologies and The Newberry Group prioritize high standards and customer satisfaction, ensuring effective solutions and satisfied clients.

“The team at The Newberry Group has an exceptional track record of partnering with fantastic organizations to help support their technology needs,” said Elliott Edge, CEO of Velonex Technologies.  “It was clear from the start that the similarities between our culture and approach to delivering enterprise services with a high-touch and local feel would make this a win for our team and our clients.”

With the integration of the commercial IT management business unit of The Newberry Group, Velonex Technologies strengthens its pursuit of becoming the benchmark in providing top-notch IT solutions.

About Newberry Group

For nearly 30 years, The Newberry Group has specialized in offering IT solutions and professional services across the public and private business sectors. Their approach revolves around prioritizing customer satisfaction, emphasizing exceptional technical performance, transparent management, and proactive risk identification.

About Velonex Technologies

Velonex Technologies is an industry leader in delivering technology services, with roots dating back to 1990. Headquartered in San Antonio, Texas, with operations that span both across the Unites States and internationally, the company has a dedicated team with over three decades of track record helping clients achieve superior outcomes in their organizations through technology.