Technology Services Consulting Firm MGT Acquires Layer 3 Communications
This is technology M&A deal number 579 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.
MGT Acquires Layer 3 Communications
MGT, founded in 1974, is based in Tampa, Florida. The company has 240 employees listed on LinkedIn. MGT’s areas of expertise include disparity research, financial services, PK-12 education, higher education, state and local government consulting, human capital services, cybersecurity, community engagement and strategic communications.
Layer 3, founded in 1998, is based in Atlanta, Georgia. The company has 128 employees listed on LinkedIn. Layer 3’s areas of expertise include wireless local area networks (WLAN), local area networks (LAN), wide area networks (WAN), network security audits, network security monitoring, network virtualization, server virtualization, data center design, data center migration and custom monitoring.
Networking MSP Acquired: Executive Perspectives
Trey Traviesa, MGT CEO and chairman, commented on the news:
“Similar to MGT, Layer 3 is a trusted information technology infrastructure solutions provider. Our alliance extends our ability to solve complex IT and security problems like network management and cloud migration for clients in this mission-critical and rapidly growing area of public agency performance for increased social impact and safety.”
Rodney Turner, Layer 3 president and CEO, added:
“We’re excited to embark on this next evolution of our companies together and look forward to leveraging and elevating the strengths of our organizations to provide an even higher level of comprehensive services to our customers.”
MGT’s M&A History
Layer 3 is the newest addition to MGT’s Technology Solutions Group. MGT acquired Cira Infotech in Q4 2020.