This is technology M&A deal number 276 that ChannelE2E and MSSP Alert have covered so far in 2023. See more than 2,000 technology M&A deals for 2023, 2022, 2021, and 2020 listed here.
nCloud, founded in 2012, is based in San Francisco, California. The company has 106 employees listed on LinkedIn. nClouds' areas of expertise include Cloud Computing, DevOps, Configuration Management, Amazon Web Services, Continuous Delivery, Cloud Infrastructure, Containerization, Security, 24x7 Support, Managed Services, Kubernetes, Modern Infrastructure, AWS Consulting, Cloud Migration Services, AWS Well-Architected Reviews, CloudOps, SRE, Site Reliability Engineering, Serverless Computing, CI CD Pipeline, and Data & Analytics.
Cloudnexa, founded in 2008, is based in Newtown Square, Pennsylvania. The company has 43 employees listed on LinkedIn. Cloudnexa's areas of expertise include Cloud Computing, Cloud Managed Services, Cloud Design and Deployment, and Amazon Web Services.
Cloudnexa was the first original partner in the AWS Premier Tier Services partner ecosystem. The combined company will be one of the top pureplay AWS partners in North America, with deep cloud ops expertise and a special focus on helping customers prepare their cloud infrastructure to deliver generative AI, compliance and security solutions and serve hundreds of clients in vertical markets including oil and gas, healthcare, government, manufacturing, high-tech and the public sector, the companies said in a statement.
nClouds Acquires Cloudnexa: Executive Insight
Shaun Ritchie, CEO of nClouds, commented on the news:
"We are thrilled to join forces with Cloudnexa. Cloudnexa's proven success in helping companies with federal and other compliance programs, as well as deep cloud security expertise, combined with nClouds' leadership in cloud and data migrations, application modernization, managed services and DevOps, gives the company significant penetration into major market segments. In addition, the combined team's experience working in both private and public sectors gives our organization deep skill sets to help our customers innovate faster, transform digitally and achieve their business goals."
MJ DiBerardino, CEO of Cloudnexa, added:
"Teaming up with nClouds allows us to merge our combined cutting-edge technologies and service solutions with focused compliance and governance expertise. This powerful combination will strengthen and expand our combined capabilities, accelerate innovation, and provide market-leading solutions for our customers."
nClouds Private Equity Backing
Charles Thayne Capital and Shaun Ritchie first invested in nClouds in 2022. The investment provided nClouds with the resources to expand its operations and sales team, supporting customers in both the public sector and commercial space, and to pursue geographic expansion, according to the company.