Exits
ChannelE2E provides news on mergers and acquisitions for CSPs, MSPs, VARs, ISVs, IT distributors & technology partners in the IT channel.
Simplus Acquires Salesforce, Oracle Partner CirrusOne
Simplus acquires CirrusOne, a Salesforce and Oracle partner that offers consulting services for CPQ (configure, price, quote) and quote-to-cash solutions. M&A deals involving Salesforce partners remain strong.
Access Acquires Six Data Protection Companies
Access, the largest privately-held records and information management (RIM) services provider in the US, acquires six data protection companies in Canada.
Rackspace Acquires Salesforce Cloud Consulting Partner RelationEdge
Rackspace acquires RelationEdge, a Salesforce Platinum Consulting Partner and digital agency. Rackspace’s push beyond managed AWS, Microsoft Azure & Google cloud services now includes SaaS, Oracle, SAP and other application services.
ACCI Acquires MSP Business, Clientele in Alabama
American Computer Consultants Inc. (ACCi) has acquired NetGain Technologies’ Alabama office location — including contracts for managed IT services (MSP) engagements in the area.
SAP NS2 Acquires Government Systems Integrator TMA
SAP National Security Services (SAP NS2) acquires government IT systems integrator Technology Management Associates (TMA).
StackPath Acquires Server Density Monitoring Platform
StackPath merges with Server Density, combining secure edge services with server monitoring. The executive piecing it all together: Former SoftLayer CEO Lance Crosby.
Study: Average ESOP Employee Has $134,000 Share of Company
The average worker at a US company with an Employee Stock Ownership Plan (ESOP) has accumulated $134,000 in wealth from his or her stake, according to new research. Plus, a closer look at ESOP trends.
Consulting Firm Acquires Healthcare MSP
Healthcare consulting and services firm Cumberland Consulting Group acquires LinkEHR, an Electronic Health Records (EHR) managed services provider (MSP).
Presidio Acquires Red Sky Solutions for 6.8X EBITDA Valuation
Midmarket IT solutions provider Presidio acquires cybersecurity consulting firm Red Sky Solutions for $40.8 million in cash and stock — a valuation of 6.8 times annual EBITDA, ChannelE2E calculates.
Fusion Acquires MegaPath: Cloud Service Provider Valuation Revealed (Sort Of)
Fusion Connect acquires MegaPath, essentially uniting two telecom, network and cloud services providers (CSPs). The deal’s valuation is roughly 1 times annual revenues or approximately 5 times pro forma adjusted EBITDA.