Ebensburg, PA, March 24, 2021: Yesterday, Sourceree announced they have acquired Precision Business Solutions (PBS) allowing the organizations to join forces and help others succeed through the magic of technology and innovation! Brian Shrift, President and Owner of PBS, and Adam Murphy, President and Founder of Sourceree, are Ebensburg natives and have been friends since the first grade. From biking the city streets, to hopping Brian’s backyard fence to sneak into the county fair, helping start Wheels & Wings, obtaining Computer Science and Information Technology degrees, then becoming entrepreneurs…Adam and Brian have always shared a similar goal: to help others succeed.
Brian started PBS in 2003 out of his dorm room at Saint Francis University and brought Adam Murphy in as a partner the following year. They both started supporting small businesses in the area, while growing a staff of IT and Cyber Security experts. Adam exited PBS in 2008 to move to the DC area to support Defense projects. In late 2010, Adam started Sourceree and then returned to the Johnstown area in 2015, bringing more Government program support back to the region. Both organization’s headquarters are located in Ebensburg, PA. Over the years, Sourceree and PBS have worked together on small projects.
Brian has done a great job operating and expanding PBS for nearly two decades. In support of the transition, he will continue working with Sourceree through the end of the year, before moving on to another opportunity.
Adam is thrilled to join forces stating, “Our services and capabilities are a great complement and together we will work to expand our service offerings and ultimately, create more jobs locally and beyond. This is extremely exciting for all of our employees and clients.” Brian commented, “Sourceree will bring strong leadership to PBS and together the companies will provide a robust back-office capability to clients and themselves.”
Congressman Glenn ‘GT’ Thompson remarked on the acquisition, “I’m really pleased that Sourceree, a company of high quality and innovation with a great success record, has acquired Precision Business Solutions. PBS has been a very important part of our community and our region for many years. The new partnership of working under the Sourceree umbrella promises even better things for the employees and the customers at PBS.”
With this acquisition, Sourceree and PBS will be able to leverage each other’s resources and provide increased access to experts in different areas for their combined client base.
Brian Shrift (left) and Adam Murphy (right) taken just after the press conference yesterday at Sourceree HQ.
Adam Murphy (left) and Brian Shrift (right) taken at the PBS 2004 Christmas party.
Sourceree is a cutting-edge technology company aiming to foster innovation and the collaboration of brilliant minds across industry, government, military, and academia. They support government and commercial enterprises with various services such as Supply Chain and Financial Intelligence, Systems Engineering, Software Development, Cyber Security, and Intelligence Analysis.