
HyperCharge Networks Acquires Electric Vehicle Technology Consulting Firm CoSource
HyperCharge Networks, which develops electric vehicle (EV) charging solutions, buys digital marketing agency CoSource Information Technology Services.

MSP Unicorn: Electric Reaches $1 Billion Valuation
Electric, an MSP focused on SaaS application management for customers, raises another $20 million; pursues more MSP acquisitions.

MSPs and Venture Capital: Electric Raises $90M to Automate SMB IT Support
Electric, a New York-based MSP that develops automation software, raises $90M in Series D funding. The goals: Simplify SMB SaaS management & more.

Electric Buys Techvera: MSP CEOs Explain Acquisition
Electric CEO Ryan Denehy & Techvera CEO Reese Ormand explain MSP M&A deal, venture capital backing, software development, intellectual property & more.

MSP Funding: Electric Raises $40M for IT Support Software Development
Electric, an MSP with in-house software development, raises $40 million led by Greenspring Associates. Electric CEO Ryan Denehy explains what’s next.

MSP Acquisition: Electric Buys Managed IT Services Provider Sinu
Electric, a venture-backed managed IT services provider (MSP), acquires New York neighbor Sinu. Electric CEO Ryan Denehy explains why.

Electric CEO Ryan Denehy: The ChannelE2E Interview
Electric, backed by venture capital, is seeking to acquire MSPs while expanding its software development efforts. Can Electric CEO Ryan Denehy deliver a ServiceNow-like alternative to midmarket customers?

Venture Capitalists Bet $38M on Aspiring MSP Disruptor Called Electric
Electric builds chat bots & automated systems to disrupt traditional managed services providers (MSPs). Venture capitalists bet $38 million on the MSP disruption strategy.

Hurricane Michael Power Outages: Electric Service Restored to More Than 1.2 Million Customers
Hurricane Michael-related power outages have plummeted. Repair crews restored electric service to more than 1.25 million people as of October 14. MSPs like On Call Computer Solutions stay ahead of the storm.

S&P: North American M&A Activity Slows
Mergers and acquisitions by North American companies declined in the fourth quarter of 2022 according to a report from S&P.