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Milestones

ChannelE2E provides news on mergers and acquisitions (M&A), funding, IPOs and other milestones for CSPs, MSPs, VARs, ISVs and technology partners in the IT channel.

HCL Technologies Acquires Digital Transformation Consulting Firm

India’s HCL Technologies acquires Strong-Bridge Envision (SBE), a Seattle-based digital transformation consulting firm with 200 employees.

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Sia Partners Acquires Management Consulting Firm Loft9

Sia Partners, an independent management and AI (artificial intelligence) consulting firm, acquires Loft9, a Seattle-based management consulting firm.

Accenture Acquires Digital Marketing Agency Storm Digital

Accenture acquires Storm Digital, a digital marketing agency that will tuck into the fast-growing Accenture Interactive business.

Internet of Things Cloud IoT

Private Equity Funds RMM, IoT Software Acquisition

Laurel Solutions acquires Servelec Technologies, a provider of remote monitoring and management (RMM) software & Industrial Internet of Things (IIoT) systems. Private equity firm FFL Partners owns Laurel Solutions.

CompassMSP Acquires Another Florida-based MSP

CompassMSP makes second MSP acquisition of 2019, buying Miami-based Dynamic Media Technologies — dba IT Support Miami (ITSM).

Deloitte Acquires Splunk Partner; Continues IT Consulting Tuck-Ins Worldwide

Deloitte acquires Splunk partner Converging Data. Acquisition strategy spans cybersecurity & cloud services consulting for Amazon Web Services (AWS), Microsoft Azure & Google Cloud Platform (GCP).

Payroc Acquires POS Solutions Provider Detrok Technology

Payroc acquires Detrok Technology Services, a Chicago-based IT solutions provider focused on point of sale (POS) systems for restaurants.

Two IT Consulting Firms Create Tier4 Group

Two consulting firms, Tier4 Advisors and Robinson Key, create Tier4 Group — an IT Talent, Professional Services and Security firm based in Atlanta, Georgia.

NXTsoft Acquires Atlanta MSP Digitel

NXTsoft, a Birmingham, Alabama-based compliance, analytics and cybersecurity firm, acquires Digitel Corp., an MSP from Atlanta, Georgia.

CGI Bids to Acquire Swedish IT Consulting Firm Acando

CGI bids to acquire IT consulting firm Acando for roughly $459 million. The proposed deal involves 2,200 Acando employees across Stockholm, Sweden; Oslo, Norway; Hamburg, Germany and more.