#23 Newsmaker of 2009: John Kvasnic of Navantis and Andy Popadopoulos of Legend Corp.

The say channel consolidation is a bad thing, but the merger between Navantis Inc. and Legend Corp. was anything but.

The interesting part of this business story is that the deal may have been set a decade prior when John Kvasnic, founder and CEO of Navantis, saw his old office struck by lightening. The company was working feverishly on many projects that were nearing completion.

Kvasnic called Andy Papadopoulos, founder of Legend, and he says Papadopoulos didn’t hesitate. He and his team at Legend worked 46-hours straight to get Navantis operational again, and never issued a bill to Kvasnic.

“I hold Andy in very high regard and we see this merger as complimentary,” Kvasnic said.

The combined companies are operating under the Navantis name and will be headquartered in Toronto.

Both solution providers have made business bets on Microsoft technology, and Kvasnic believes the new company will move up CDN’s Top 100 rankings next year to between $20 to $25 million.

“I watched John (and his partner Jason Martin) build a great business with Microsoft over the years. We‘ve worked on projects together in the past and we saw the synergies with clients,” said Papadopoulos.

Legend has been approached several times about mergers and acquisitions and for Papadopoulos it was never about the money and more about fit.

Would you recommend this article?

Share

Thanks for taking the time to let us know what you think of this article!
We'd love to hear your opinion about this or any other story you read in our publication.


Jim Love, Chief Content Officer, IT World Canada

Featured Download

CDN Staff
CDN Staffhttps://channeldailynews.com
For over 25 years, CDN has been the voice of the IT channel community in Canada. Today through our digital magazine, e-mail newsletter, video reports, events and social media platforms, we provide channel partners with the information they need to grow their business.

Related Tech News

CDN in your inbox

CDN delivers a critical analysis of the competitive landscape detailing both the challenges and opportunities facing solution providers. CDN's email newsletter details the most important news and commentary from the channel.