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After taking his Oldsmar tech company around the globe,<br>the owner focuses on Tampa Bay in 2020
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10/28/2020 Trifecta Networks is focused on Tampa Bay in 2020 - Tampa Bay Business Journal Please Sign In and use this article's on page print button to print this article. TECHNOLOGY After taking his Oldsmar tech company around the globe, owner focuses on Tampa Bay in 2020 Trifecta Network (PROVIDED/TRIFECTA NETWORK) By Lauren Coffey TBBJ & Inno Reporter, Tampa Bay Business Journal Jun 26, 2020, 1:34pm EDT Chris Toepke bought Triect Networks in 2018, bck when it ws subset o inormtion technology gint Vology. The lst two yers he spent "doubling down" on building the compny, both within its own people nd cross the now 84 countries where it hs presence. This ws the yer Toepke plnned to ocus on the Tmp By region. Erlier this yer, Triect opened $3 million, 30,000-squre-oot cility in Oldsmr. Despite the rise o the coronvirus pndemic, which hs let mny businesses in limbo, Toepke sid his chnces in Tmp By my be better thn ever. Chris Toepke, CEO of Trifecta Networks ONLINE SOCIAL MEDIA PRESENCE https://www.bizjournals.com/tampabay/news/2020/06/26/vology-company-acquistion.html 1/9
10/28/2020 Trifecta Networks is focused on Tampa Bay in 2020 - Tampa Bay Business Journal "The rest o the yer looks gret — we hve lot o big projects tht were pushed bck s people weren’t in the o?ce, so it built nice bcklog heding into the lst six months o the yer," Toepke sid. "Tlent ws chllenge in Q1 with ull employment rte. It's obviously very unortunte people hve lost their jobs, but in our compny tht is economiclly nd ?nncilly strong, the qulity o tlent tht's become vilble hs incresed." Triect Networks is n IT solutions provider tht covers the entire lie cycle: procuring preowned hrdwre, distributing it cross the world, mintining it nd when it comes time, repurposing or recycling the hrdwre. Attention is rising more thn ever towrd IT, cybersecurity nd technology solutions, t time when the mjority o Americns re working remotely. Toepke believes his compny cn come out on top in Tmp By, but wnts to keep it under his jurisdiction. "We're constntly being pproched by compnies o?ering us money or o?ering to put us in lrger orgniztion," he sid. "But I didn’t buy compny to sell it. I wnt it to be something I run or decdes nd mybe even one o my own children cn run it one dy." When Toepke bought the compny or n undisclosed mount, he did not inherit the locl customers cross the Tmp By re. "I think I cn double or even triple the customers i we just ocus on the locl mrket, which is Tmp By, Interstte 4 nd down to Srsot," he sid. "We elt n opportunity; it didn’t hppen s quickly s I wnted to but it strted to mterilize in big wy. Beore Covid-19, we were up 50 percent thn lst yer." The compny incresed its workorce by 10 percent in Q2 nd plns to hire dozen more employees by the end o the yer. The compny lso hs stellite o?ce in Syrcuse, New York. Toepke strongly believes in the Tmp By region: In 2012, he moved rom New York City to oversee n 18-month project nd decided to sty. https://www.bizjournals.com/tampabay/news/2020/06/26/vology-company-acquistion.html 2/9
10/28/2020 Trifecta Networks is focused on Tampa Bay in 2020 - Tampa Bay Business Journal "First nd oremost, Florid is very business riendly environment. There's mcroeconomic tilwinds nd demogrphic tilwinds with people coming down here nd incresingly looking into this re to expnd or even relocte," he sid. "And there's the qulity o lie." COMPANIES IN THIS ARTICLE Vology Clearwater, FL See full profile RELATED CONTENT How working from home has changed the workforce for these Tampa execs Exclusive: Vology's new president turns focus to employees, engagement Vology CEO heads to Skyway Capital to fill 'void' in tech banking Here's a glimpse of what Amazon is planning in Temple Terrace As companies freeze hiring, local manufacturers recruit more talent MORE FOR YOU More https://www.bizjournals.com/tampabay/news/2020/06/26/vology-company-acquistion.html 3/9
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