SilverSun Technologies, Inc. operates as a business application, technology, and consulting company. The company resells enterprise resource planning software for the financial accounting requirements, as well as offers training, technical support, and professional services. It also resells warehouse management system software, which controls the movement and storage of materials; and customer relationship management, human capital management, and business intelligence products. In addition, the company provides managed, cybersecurity, business continuity, disaster recovery, data back-up, network maintenance and service upgrades, and application hosting services. It serves small and medium-sized businesses that sell services and products to various end users, manufacturers, wholesalers, and distributors in the United States. The company was formerly known as Trey Resources, Inc. and changed its name to SilverSun Technologies, Inc. in June 2011. SilverSun Technologies, Inc. was founded in 1988 and is headquartered in East Hanover, New Jersey.
IPO Year:
Exchange: NASDAQ
Website: silversuntech.com
4 - QXO, Inc. (0001236275) (Issuer)
4 - QXO, Inc. (0001236275) (Issuer)
4 - QXO, Inc. (0001236275) (Issuer)
4 - QXO, Inc. (0001236275) (Issuer)
4 - QXO, Inc. (0001236275) (Issuer)
4 - SilverSun Technologies, Inc. (0001236275) (Issuer)
4 - SilverSun Technologies, Inc. (0001236275) (Issuer)
4 - SilverSun Technologies, Inc. (0001236275) (Issuer)
4 - SilverSun Technologies, Inc. (0001236275) (Issuer)
4 - SilverSun Technologies, Inc. (0001236275) (Issuer)
SWK stands tall as the most highly awarded value-added reseller (VAR) in the accounting and ERP software, process automation, and cloud hosting space for small, mid-sized and small enterprise businesses.EAST HANOVER, NJ / ACCESSWIRE / July 9, 2024 / SWK Technologies, Inc., a national provider of accounting and ERP software solutions, is excited to announce that it has been named winner of the Sage Cloud Innovation award. This award recognizes SWK for its outstanding achievements, advancements, and innovations in the field of cloud ERP, accounting, and process automation software. SWK has consistently demonstrated exceptional contributions to the Sage cloud ecosystems such as introducing high
GREENWICH, CT and EAST HANOVER, NJ / ACCESSWIRE / May 30, 2024 / Jacobs Private Equity II, LLC ("JPE"), which is led by Brad Jacobs, and SilverSun Technologies, Inc. (NASDAQ:SSNT) ("SilverSun" or the "Company") today announced that SilverSun stockholders voted to approve the transactions contemplated by the previously announced amended and restated investment agreement (as amended from time to time, the "Investment Agreement") among SilverSun, JPE and certain minority co-investors, and other related proposals. Pursuant to the Investment Agreement, JPE and the minority co-investors will invest $1 billion in cash into SilverSun.Based on a preliminary tabulation of the stockholder vote, approxi
EAST HANOVER, NJ / ACCESSWIRE / May 7, 2024 / SilverSun Technologies, Inc. (NASDAQ:SSNT), a national provider of transformational business technology solutions and services, today announced its first quarter results for the three months ended March 31, 2024.Financial Highlights for Three Months Ended March 31, 2024 as Compared to Three Months Ended March 31, 2023:Total revenue was $14,435,555, compared with $13,127,738, an increase of 10.0%.Software sales were $3,480,001, compared with $3,322,329, an increase of 4.7%.Service and other revenues totaled $10,955,554, compared with $9,805,409, an increase of 11.7%.Gross profit was $5,657,487, compared with $5,357,560, an increase of 5.6%.Earning
GREENWICH, CT and EAST HANOVER, NJ / ACCESSWIRE / March 15, 2024 / Jacobs Private Equity II, LLC ("JPE"), which is led by Brad Jacobs, and SilverSun Technologies, Inc. (NASDAQ:SSNT) ("SilverSun" or the "Company") today announced that SilverSun stockholders overwhelmingly voted to approve the transactions contemplated by the previously announced equity investment agreement (the "Investment Agreement") among SilverSun, JPE and certain minority co-investors, and other related proposals. Pursuant to the Investment Agreement, JPE and the minority co-investors will invest $1 billion in cash into SilverSun.Based on a preliminary tabulation of the stockholder vote, approximately 99.5% of all votes c
EAST HANOVER, NJ / ACCESSWIRE / March 14, 2024 / SilverSun Technologies, Inc. (NASDAQ:SSNT), a national provider of transformational business technology solutions and services, today announced its financial and operating results for the fiscal year ended December 31, 2023.Fiscal 2023 Financial HighlightsTotal revenue was $54,516,941, compared with $44,985,276 in 2021, an increase of 21.2%.Gross profit was $21,613,809, compared with $17,960,736 in 2021, an increase of 20.3%.Earnings before interest, taxes, depreciation, and amortization (EBITDA) plus share-based compensation, were $2,716,154, compared with earnings before interest, taxes, depreciation and amortization plus share-based compens
SWK Honored for Second Consecutive YearEAST HANOVER, NJ / ACCESSWIRE / February 22, 2024 / SWK Technologies, Inc., a national provider of accounting and ERP software solutions, is excited to announce that it has been named a Sage Platinum Club Award winner for the 2023 fiscal year. This coveted award presented by Sage, a leader in accounting, financial, HR, and payroll technology for small and medium-sized businesses (SMBs), recognizes top partners for their exceptional sales performance, innovative service delivery, and successful collaboration with Sage.The Sage Platinum Club recognition is awarded to Sage partners that deliver significant expertise and contributions within the Sage partne
SWK Wins Back-to-Back YearsEAST HANOVER, NJ / ACCESSWIRE / February 7, 2024 / SWK Technologies, Inc. was named Acumatica Partner of the Year (POTY) for 2024 at this year's Summit conference. This is the fourth time that SWK has been named POTY by Acumatica Cloud ERP, having previously captured the award for 2019, 2020 and 2023.What is Acumatica Partner of the Year?The Partner of the Year award is a global recognition of the partner that has the highest combination of new customer additions, customer satisfaction scores, customer renewals, growth and revenue contribution to Acumatica. To be eligible, the partner must be a Partner in Good Standing and meet all other partner program framework r
Will Launch "QXO" with Tech-Forward Strategy in Large and Growing Industry, Rich with Acquisition Opportunities Sets Revenue Run-Rate Targets of at Least $1 Billion by End of Year One, at Least $5 Billion within Three Years, and Tens of Billions of Dollars over Next Decade GREENWICH, Conn., Dec. 11, 2023 (GLOBE NEWSWIRE) -- After a comprehensive year-long search, Brad Jacobs has announced his intention to create a market leader in building products distribution — an industry with approximately $800 billion in annual revenue between North America and Europe, according to industry estimates. The company will be called QXO, Inc. "QXO's strategy is to create a tech-forward leader in the bui
Jacobs to Become Chairman and Chief Executive OfficerCompany to Become Platform for Jacobs' New Venture after Spinning Off Existing SilverSun BusinessGREENWICH, CT and EAST HANOVER, NJ / ACCESSWIRE / December 4, 2023 / SilverSun Technologies, Inc. (NASDAQ:SSNT) ("SilverSun" or the "Company") and Jacobs Private Equity II, LLC ("JPE"), which is led by Brad Jacobs, today announced that they and minority co-investors have entered into an investment agreement (the "Investment Agreement"), pursuant to which JPE and the minority co-investors will invest $1 billion in cash into SilverSun. The proposed equity investment is comprised of $900 million by JPE and $100 million by co-investors, including S
EAST HANOVER, NJ / ACCESSWIRE / November 15, 2023 / SilverSun Technologies, Inc. (NASDAQ:SSNT), a national provider of transformational business software applications and managed IT services, announced today that its wholly-owned subsidiary, SWK Technologies, Inc., has acquired substantially all the business assets of JCS Computer Resource Corporation ("JCS"), a leading Illinois-based reseller of Sage Software solutions. Over the last 35 years, JCS has implemented technology applications at prominent manufacturers, distributors and professional service organizations throughout the Midwest.SilverSun's subsidiary, SWK Technologies, is one of the largest Sage business partners in North America.
8-K - QXO, Inc. (0001236275) (Filer)
8-K - SilverSun Technologies, Inc. (0001236275) (Filer)
8-K - SilverSun Technologies, Inc. (0001236275) (Filer)
DEFA14A - SilverSun Technologies, Inc. (0001236275) (Filer)
DEFA14A - SilverSun Technologies, Inc. (0001236275) (Filer)
8-K - SilverSun Technologies, Inc. (0001236275) (Filer)
8-K - SilverSun Technologies, Inc. (0001236275) (Filer)
10-Q - SilverSun Technologies, Inc. (0001236275) (Filer)
DEF 14A - SilverSun Technologies, Inc. (0001236275) (Filer)
PRE 14A - SilverSun Technologies, Inc. (0001236275) (Filer)
SWK Honored for Second Consecutive YearEAST HANOVER, NJ / ACCESSWIRE / February 22, 2024 / SWK Technologies, Inc., a national provider of accounting and ERP software solutions, is excited to announce that it has been named a Sage Platinum Club Award winner for the 2023 fiscal year. This coveted award presented by Sage, a leader in accounting, financial, HR, and payroll technology for small and medium-sized businesses (SMBs), recognizes top partners for their exceptional sales performance, innovative service delivery, and successful collaboration with Sage.The Sage Platinum Club recognition is awarded to Sage partners that deliver significant expertise and contributions within the Sage partne
GREENWICH, CT and EAST HANOVER, NJ / ACCESSWIRE / May 30, 2024 / Jacobs Private Equity II, LLC ("JPE"), which is led by Brad Jacobs, and SilverSun Technologies, Inc. (NASDAQ:SSNT) ("SilverSun" or the "Company") today announced that SilverSun stockholders voted to approve the transactions contemplated by the previously announced amended and restated investment agreement (as amended from time to time, the "Investment Agreement") among SilverSun, JPE and certain minority co-investors, and other related proposals. Pursuant to the Investment Agreement, JPE and the minority co-investors will invest $1 billion in cash into SilverSun.Based on a preliminary tabulation of the stockholder vote, approxi
EAST HANOVER, NJ / ACCESSWIRE / March 14, 2024 / SilverSun Technologies, Inc. (NASDAQ:SSNT), a national provider of transformational business technology solutions and services, today announced its financial and operating results for the fiscal year ended December 31, 2023.Fiscal 2023 Financial HighlightsTotal revenue was $54,516,941, compared with $44,985,276 in 2021, an increase of 21.2%.Gross profit was $21,613,809, compared with $17,960,736 in 2021, an increase of 20.3%.Earnings before interest, taxes, depreciation, and amortization (EBITDA) plus share-based compensation, were $2,716,154, compared with earnings before interest, taxes, depreciation and amortization plus share-based compens
Jacobs to Become Chairman and Chief Executive OfficerCompany to Become Platform for Jacobs' New Venture after Spinning Off Existing SilverSun BusinessGREENWICH, CT and EAST HANOVER, NJ / ACCESSWIRE / December 4, 2023 / SilverSun Technologies, Inc. (NASDAQ:SSNT) ("SilverSun" or the "Company") and Jacobs Private Equity II, LLC ("JPE"), which is led by Brad Jacobs, today announced that they and minority co-investors have entered into an investment agreement (the "Investment Agreement"), pursuant to which JPE and the minority co-investors will invest $1 billion in cash into SilverSun. The proposed equity investment is comprised of $900 million by JPE and $100 million by co-investors, including S
EAST HANOVER, NJ / ACCESSWIRE / November 15, 2023 / SilverSun Technologies, Inc. (NASDAQ:SSNT), a national provider of transformational business software applications and managed IT services, announced today that its wholly-owned subsidiary, SWK Technologies, Inc., has acquired substantially all the business assets of JCS Computer Resource Corporation ("JCS"), a leading Illinois-based reseller of Sage Software solutions. Over the last 35 years, JCS has implemented technology applications at prominent manufacturers, distributors and professional service organizations throughout the Midwest.SilverSun's subsidiary, SWK Technologies, is one of the largest Sage business partners in North America.
Company Declares a $0.20 Per Share Special DividendEAST HANOVER, NJ / ACCESSWIRE / August 8, 2023 / SilverSun Technologies, Inc. (NASDAQ:SSNT), a national provider of transformational business technology solutions and services, today announced its second quarter results for the three and six months ended June 30, 2023.Financial Highlights for Three Months Ended June 30, 2023 As Compared to Three Months Ended June 30, 2022:Total revenue was $13,257,271, compared with $10,638,073, an increase of 24.6%.Software revenues were $3,298,020, compared with $2,782,081, an increase of 18.5%.Service revenues totaled $9,959,251, compared with $7,855,992, an increase of 26.8%.Earnings before taxes, intere
EAST HANOVER, NJ / ACCESSWIRE / January 5, 2022 / SilverSun Technologies, Inc. (NASDAQ:SSNT), a national provider of transformational business software applications and managed IT services, announced today that its wholly-owned subsidiary, SWK Technologies, Inc., has acquired the Acumatica division of Dynamic Tech Services, Inc., a leading Atlanta-based reseller of Acumatica ERP software solutions.Mark Meller, CEO of both SilverSun and SWK Technologies, stated, "This is a strategic transaction which bolsters our resources and our geographic reach, and further enhances our position as the leading Acumatica reseller in North America. SWK is laser-focused on enabling the digital transformation
EAST HANOVER, NJ / ACCESSWIRE / June 22, 2021 / SilverSun Technologies, Inc. (NASDAQ:SSNT), a national provider of transformational business technology solutions and services, today announced that its Board of Directors has declared a special cash dividend on the Company's common stock of $0.60 per share. The record date will be July 9, 2021, and the payment date will be July 16, 2021."As we continue to successfully execute on our business plan, we believe this special cash dividend is an appropriate way to reward our shareholders for their support," commented Mark Meller, Chairman and Chief Executive Officer of the Company. "We are fortunate to be able to share the financial success of the
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