Mergers and Acquisitions, Mergers and Acquisitions, Content

Application Hosting Provider Acquires MSP, Sage Partner

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MyCREcloud has acquired managed IT services firm Net Informant and Sage Software consulting firm CRE Services Group. Financial terms of the deals were not disclosed.

These are technology M&A deal numbers 641 and 642 that ChannelE2E has covered so far in 2022. See more than 1,000 technology M&A deals involving MSPs, MSSPs & IT service providers listed here.

myCREcloud Acquires Net Informant, CRE Services Group

MyCREcloud, founded in 2017, is based in San Diego, California. The company has seven employees listed on LinkedIn. MyCREcloud's areas of expertise include construction and real estate software hosting, cloud, ERP hosting, private cloud, cloud hosting, Office 365, QuickBooks and Sage Software hosting.

Net Informant is also based in San Diego, California. Net Informant's areas of expertise include network high availabilty and failover systems, cloud supplier selection, design and integration virtualization and shared storage management design, network backbone and secure access, network automated remediation, performance tracking and alerting.

CRE Services Group, founded in 2017, is based in Murrietta, California. The company has one employee listed on LinkedIn. CRE Services Group's areas of expertise include

The acquisition of Net Informant and CRE Services Group will expand IT and Sage Software consulting services to a larger base of customers, according to myCREcloud.

myCREcloud Acquisitions: Executive Perspectives

Tanner Evenrud, founding partner, CRE Solutions Group
Tanner Evenrud, founding partner, myCREcloud

Michael Zadeik, founding partner of Net Informant, commented on the news:

"We are excited about the new services. The experienced founding team is very familiar with customer needs around cloud technology. Together, we are already working on various projects, including but not limited to the Construction and Real Estate sectors."

Tanner Evenrud, founding partner of myCREcloud, added:

"We are looking forward to our expansion and welcome all our new team members at myCREcloud! Expanding our services to customers has something we have been looking forward to for some time and we found our new team to deliver."