Microsoft Azure Specialist 3Cloud Acquires Data Analytics Firm CCG
3Cloud, a Top 250 Public Cloud MSP and Microsoft Azure services partner, has acquired CCG Analytics, a Tampa, Florida-based data and analytics consulting firm. Both firms are Microsoft gold partners. Financial terms of the deal were not disclosed.
This is technology M&A deal number 709 that ChannelE2E has covered so far in 2021. See all technology M&A deals for 2021 and 2020 listed here.
3Cloud, backed by private equity firm Gryphon Investors, focuses exclusively on Azure to help clients build, migrate, modernize and manage their applications, infrastructure, data and analytics in the cloud. The company, founded by former Microsoft executives, is headquartered in Chicago.
CCG Analytics is a data and analytics company based in Tampa, Florida. CCG’s team will join 3Cloud’s data and analytics, infrastructure and managed services practices. Also, CCG’s co-founders Dan Phelps and Dan Rodriguez will take on senior leadership roles within 3Cloud.
3Cloud Acquires CCG: Executive Commentary
Mike Rocco, 3Cloud CEO and co-founder, commented on the news:
“With the acquisition of CCG Analytics, we continue our growth trajectory and strengthen our position as the largest Azure pure-play services firm in the U.S. We’re excited to welcome CCG’s world-class team into the 3Cloud organization. Their strength in data governance and strategy combined with deep data and analytics expertise furthers our mission of delivering the ultimate Azure experience for our clients and Microsoft.”
Dan Phelps, CCG Analytics CEO and co-founder, added:
“At CCG, we focus on empowering our clients to become more insights-driven, gain better visibility into their business and accelerate their growth. Our team is passionate about solving the most complex data and analytics challenges with cloud technology. 3Cloud shares these values, and we are excited to join them and grow together.”
Gabe Stephenson, Gryphon managing director, said:
“This acquisition is highly strategic and further establishes 3Cloud as the most sophisticated provider of services in the high-growth Microsoft Azure ecosystem. We have been deeply impressed by the business the CCG team has built and are looking forward to continuing to work with them.”
Multiple financial and legal advisors worked to piece together the deal. For instance:
- 7 Mile Advisors served as exclusive financial advisor and Kirkland & Ellis served as the legal advisor to 3Cloud and Gryphon Investors.
- Alantra acted as exclusive financial advisor to CCG Analytics in this transaction.