SSNT - SilverSun Technologies skyrockets as subsidiary inks LOI to acquire CT-Solution

SilverSun Technologies' (SSNT) rallied 66.6% premarket after its wholly-owned subsidiary, SWK Technologies signed a letter of intent to acquire Indianapolis-based CT-Solution, reseller of Sage Software solutions.In the past 20-years, CT-Solution has implemented technology applications at prominent manufacturers, distributors, and professional service organizations across the Midwest.Acquisition of CT expands SWK's geographic footprint and increases its already substantial customer base.Transaction expected to close in 2Q21.

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SilverSun Technologies skyrockets as subsidiary inks LOI to acquire CT-Solution