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.
NTT Completes Secure-24 Managed Services Acquisition
NTT Communications finalizes Secure-24 acquisition, gains 600-person MSP that specializes in managed application & database services for Microsoft, Oracle and SAP customers.
Friday’s Exit Strategy: Small Businesses, MSPs and the Valuation Bubble
Most times you can’t see a market bubble forming. But you can sometimes hear it forming — if you take the time to listen closely. The more I hear, the more I suspect we’re nearing an MSP valuation bubble. Here’s why.
Private Equity Firm Acquires Managed Cloud Services Provider, Database Expert
Private equity firm Madison Dearborn Partners (MDP) acquires Remote DBA Experts (RDX), an MSP that provides remote database administration (DBA) and cloud managed services for Oracle, Microsoft SQL Server & more. Additional tuck-in acquisitions are planned.
MicroCorp Acquires Open Spectrum, Creates Cloud Division
Telecom and technology distribution master agent MicroCorp acquires Open Spectrum — which now becomes the buyer’s new cloud division.
MSP Investor: Evergreen Services Group Confirms Third Deal
Evergreen Services Group’s third MSP investment involves Jenlor Integrations, a managed IT services provider in the Pittsburgh area.
Coding Bootcamp Pioneer General Assembly Acquired
The Adecco Group, a global staffing company, acquires coding bootcamp and digital training firm General Assembly for $412.5 million.
Vista Equity Partners Acquires Performance Monitoring Firm LogicMonitor
Vista Equity Partners, the private equity firm that owns Dato, acquires majority of LogicMonitor — a SaaS-based performance monitoring platform for enterprise IT and MSPs.
Technology Distributor Arbitech Acquired in Management Buyout
Arbitech, an independent technology distributor that specializes in servers, storage, networking, mobility, telephony & point-of-sale products, has been acquired in a management buyout.
Bulletproof Infotech Acquires Cisco Partner Concordis Solutions
Bulletproof Infotech, an MSP, acquires majority position in Cisco Systems partner Concordis Solutions Inc., the two Calgary-based companies confirm.
Salesforce Cloud, SaaS Backup Specialist OwnBackup Raises $15.5 Million
Salesforce cloud backup specialist OwnBackup, led by former Intronis CEO Sam Gutmann, raises $15.5 million. Kaseya, Unitrends and Spanning investor Insight Venture Partners involved.