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CenterGate Capital invests in Soroc Technology

An affiliate of CenterGate Capital (CenterGate), an Austin-based private equity investment firm, has made an investment in Soroc Technology (Soroc), a provider of outsourced IT services throughout North America.

Established in 1981 and headquartered in Woodbridge, Ontario, Soroc serves a blue-chip customer base in the financial services, technology, and retail industries across North America. Customers rely on Soroc’s track record of quality IT services, including on-site and help desk support, procurement and deployment, professional services, recruiting, and business continuity and disaster recovery services. Founder and CEO Rudy Cheddie will continue to lead Soroc and serve as Chairman on its Board of Directors.

“We are excited about our partnership with CenterGate and what it means for our employees, customers, and vendors,” says Cheddie. “CenterGate’s investment will provide us the capital and strategic resources to continue to grow our service offering while maintaining our focus on unparalleled customer service.”

Tim Liu, Managing Director at CenterGate Capital, adds: “Rudy and the entire Soroc team have an impressive track record, and we look forward to working with the team to continue Soroc’s growth. Soroc has a reputation for the highest levels of customer service, which uniquely positions the company to be successful.”

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