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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.

MSP Acquisition: Magna5 Acquires NetServe365

Magna5 acquires NetServe365, a Pittsburgh, Pa.-based managed services provider (MSP) that monitors over 800 customer networks and 1,200TB of cloud storage.

Kaseya Seeks to Raise $45 Million

Kaseya raises $22.5 million from the Ireland Strategic Investment Fund as part of a total funding round that may hit $45 million, company firms.

Converge Technology Partners Acquires Northern Micro

Converge Technology Partners acquires Northern Micro, uniting two Canadian IT solutions providers to promote endpoint, enterprise & pro services skills.

NTT Acquires Oracle, SAP Partner Secure-24 for MSP Expertise

NTT Com, by acquiring Secure-24, gains managed application and database expertise across Oracle, SAP and Microsoft environments, the companies say.

Optiv Security Acquires Conexsys

Optiv Security acquires Conexsys, a Toronto-based security and networking solutions provider, the two companies confirmed today.

ConnectWise Capital: $10M to $25M Ready for ISV Investments

ConnectWise prepares $10 million to $25 million fund to incubate ISVs that plug into ConnectWise Unite, a new management dashboard.

Ingram Micro Acquires The Phoenix Group for Point of Sale Technology

Ingram Micro acquires The Phoenix Group for point-of-sale (POS) technology expertise. Ingram vs. ScanSource competition in retail vertical intensifies.

MSP Acquisition: Right Networks Buys Accounting Expert Xcentric

Right Networks, a provider of cloud-hosted solutions for CPA firms, acquires Xcentric — a Top 100 Vertical Market MSP that focuses on managed IT services.

Onica Raises $20M for Managed Amazon AWS Cloud Services

Onica, a Top 50 MSP focused on Amazon Web Services (AWS), raises $20 million to accelerate the company’s managed cloud services consulting practice.

Writing Memo Open Letter 2

Autotask-Datto Merger: Rival CEOs Say Congrats… But…

Autotask-Datto merger reactions: ConnectWise, Continuum, eFolder & Kaseya CEOs weigh in. SolarWinds MSP stays on message at Empower MSP conference.