Current Technologies - Comprehensive Analysis Report
Summary
Current Technologies, established in 1997 in Lombard, Illinois, was an IT services provider dedicated to empowering organizations with technology solutions for peace of mind. The company specialized in networking, managed IT services, and comprehensive IT support, aiming to drive growth and efficiency through technology. Its significance lay in its long-standing commitment to delivering robust IT and telecommunications solutions, serving businesses, institutions, and the hospitality sector with a broad range of services. The company was acquired by N2 Solutions on January 17, 2026.
1. Strategic Focus & Objectives
Core Objectives
Current Technologies' core objectives revolved around providing robust IT support, custom technology integration, and cutting-edge telecommunications systems. This included both proactive and reactive IT services to ensure business continuity and operational efficiency for its clients.
Specialization Areas
The company's key areas of expertise encompassed a wide array of IT and telecommunications services. These included hardware maintenance and provisioning, digital and facilities security, software installation and training, business continuity planning, project management, cloud services, access control, managed services, cybersecurity, network monitoring, data center services, physical security, IP cameras, servers & storage, voice & data solutions, and both outdoor and indoor wireless solutions. Additionally, Current Technologies offered specialized electrical services such as 24/7 IT help desk support, electrical infrared scanning, lightning/electrical grounding tests, vibration/bearing analysis, and industrial and commercial electrical contracting.
Target Markets
Current Technologies primarily targeted businesses, institutions, and the hospitality industry, providing tailored technology solutions to meet their specific operational and security needs.
2. Financial Overview
Funding History
Prior to its acquisition by N2 Solutions on January 17, 2026, Current Technologies had not raised any external funding rounds. The company operated based on its generated revenue.
Current Technologies reported an estimated annual revenue of $32.9 million, with a revenue per employee of $802,000.
3. Product Pipeline
Key Products/Services
Current Technologies offered a comprehensive suite of IT and electrical services:
Networking Services: Installation, configuration, and monitoring of network infrastructure, including both wired and wireless solutions.
Managed Services: Proactive monitoring, maintenance, and management of IT systems, including cybersecurity, data center services, and cloud solutions.
IT Support Services: 24/7 help desk support, on-site technical assistance, and troubleshooting for hardware and software issues.
Physical Security Solutions: Implementation and maintenance of digital and facilities security systems, access control, and IP cameras.
Business Continuity and Disaster Recovery: Solutions to ensure continuous operation and data recovery in case of system failures or disasters.
Software Solutions: Installation, integration, and training for various software applications.
Electrical Contracting: Industrial and commercial electrical services, including infrared scanning, grounding tests, and vibration/bearing analysis.
4. Technology & Innovation
Technology Stack
Current Technologies leveraged a variety of core platforms and technologies to deliver its services. Their partnership with Dell, for instance, allowed them to offer and integrate Dell hardware, including Dell EqualLogic iSCSI SANs, into client solutions. The company's focus on cloud services, cybersecurity, and advanced networking indicated its use of contemporary IT infrastructure and security technologies. Its electrical services segment utilized specialized testing and analysis equipment for infrared scanning and vibration analysis.
5. Leadership & Management
Executive Team
Prior to its acquisition, key members of Current Technologies' leadership team included:
Tony Dahlin: Served as CEO.
Kurt Griesheim: Listed as an Owner in older records.
Steve Daugherty: Listed as Chief Executive Officer in older records.
Dan Bergschneider: Senior Director of Business Development.
Jared Neuman: Sales Director.
Steve Vachon: VP of Sales.
Mark Rhodes: Vice President of IT Consulting Services.
Recent Leadership Changes
Current Technologies was acquired by N2 Solutions on January 17, 2026. Following the acquisition, the Lombard, Illinois office of Current Technologies closed, with Illinois-based staff relocating to N2 Solutions' St. Charles office. The Florida-based staff of Current Technologies remained at their existing location in Clearwater, FL. Nathan White is the CEO and co-founder of N2 Solutions, leading the combined entity.
6. Talent and Growth Indicators
Hiring Trends and Workforce
As of July 1, 2024, Current Technologies employed between 11 and 50 individuals. The acquisition by N2 Solutions in early 2026 signifies a strategic integration of the Current Technologies workforce into a larger operational structure, indicating expanded growth potential under the N2 Solutions umbrella.
Employee sentiment prior to the acquisition, as reflected in various reviews, showed an overall rating of 2.6 out of 5 stars. Specific ratings included 2.4 for work-life balance, 2.4 for pay and benefits, 2.2 for job security and advancement, 2.0 for management, and 2.6 for culture. While some feedback highlighted issues like "no organization, no structure" and "poor leadership," a review from March 2024 noted "a fresh vision, new leadership and a desire to serve both its team members and its customers" since 2020, suggesting efforts toward improvement prior to the acquisition.
7. Social Media Presence and Engagement
Digital Footprint
Prior to its acquisition, Current Technologies maintained a presence on Facebook. Post-acquisition, N2 Solutions, the acquiring company, actively maintains a social media presence, incorporating the expanded services and expertise gained from Current Technologies into its digital messaging.
8. Recognition and Awards
Industry Recognition
Current Technologies maintained a 30-year record of success and trust in its IT services, indicating a sustained reputation within the industry. Its status as a Dell Certified Partner also signifies a recognition of its technical capabilities and adherence to established industry standards by a major technology vendor.
9. Competitive Analysis
Major Competitors
In the IT services landscape, Current Technologies competed with a range of providers, from local specialists to large, global enterprises.
Local and Regional Competitors:
ADC Technologies: Specializes in managed IT services, cloud services, VoIP business telephones, Microsoft 365, backup and disaster recovery, and cybersecurity for small and medium-sized businesses.
BridgePoint Technologies: Provides customized IT services and support for law firms, non-profits, and other companies.
Large-Scale Competitors:
IBM Corporation
Accenture PLC
Microsoft Corporation
Infosys Limited
Hewlett Packard Enterprise
Mindtree
Wipro Limited
Tata Consultancy Services Limited
10. Market Analysis
Market Overview
The United States IT services market is substantial, with an estimated size of USD 490.86 billion in 2025. It is projected to reach USD 671.57 billion by 2030, demonstrating a Compound Annual Growth Rate (CAGR) of 6.47%. This growth is driven by the accelerating pace of digital transformation across various industries, the increasing adoption of cloud technologies, and a strategic shift by businesses to outsource non-core operations to focus on their core competencies. Emerging technologies such as 5G, Blockchain, Augmented Reality, and Artificial Intelligence are expected to play a significant role in shaping the market's future. However, challenges persist, including concerns regarding data breaches, the costs associated with product customization, and complexities related to data migration.
11. Strategic Partnerships
Current Technologies maintained a notable strategic partnership as a Dell Certified Partner. This collaboration provided significant benefits, allowing Current Technologies to offer Dell hardware, including Dell EqualLogic iSCSI SANs, at competitive pricing. The partnership also granted them access to Dell's technical and sales staff, facilitating enhanced support and product knowledge. This collaboration demonstrably contributed to a substantial 82% increase in Dell sales revenue for Current Technologies between 2008 and 2009.
12. Operational Insights
Before its acquisition, Current Technologies focused its operations on delivering a comprehensive blend of IT and electrical services. The company maintained a 30-year track record of success and trust with its IT services clients, indicating a consistent operational standard and client satisfaction. A core operational strength was its commitment to providing competitive services while ensuring safe and code-compliant installations and servicing, particularly within its electrical contracting division. The strategic partnership with Dell highlighted an operational advantage in bundling reputable hardware with its services, catering to clients seeking integrated solutions like disaster recovery. While internal employee feedback varied, with some indicating a perceived lack of organization, there were also documented efforts towards a renewed vision and leadership in the years immediately preceding the acquisition, suggesting an evolving operational strategy.
13. Future Outlook
Strategic Roadmap
Following its acquisition by N2 Solutions in January 2026, Current Technologies' operations and future strategic direction are now fully integrated under the N2 Solutions umbrella. The acquisition was a strategic move by N2 Solutions to expand its IT capabilities and scale, leveraging the experience and insights of the Current Technologies team. N2 Solutions specializes in a broad spectrum of IT services and also offers business solutions and marketing services, aiming to provide a comprehensive, single-vendor experience to small and medium-sized businesses. This integration positions the former Current Technologies' offerings within a more expansive service portfolio, allowing for increased service capabilities, enhanced technological resources, and a broader geographical reach under the unified vision of N2 Solutions.