Merger and acquisition activity involving VARs, MSPs, CSPs and data center providers continues at a frantic pace this week. The buyers include a mix of private equity firms, publicly held service providers and privately held companies. Among the 10 deals we’ve been tracking in recent days…
1. TekLinks acquired Nashville-based Guidant Partners, a privately-owned IT planning and management firm that provides scalable IT infrastructure service to SMB customers. TekLinks is one of the rare IT services providers that has successfully blended VAR, MSP and CSP solutions.
2. Information Services Group confirmed plans to acquire Alsbridge for $74 million in cash, stock and debt. The deal pushes ISG deeper into IT vendor management services — helping customers, for instance, to get their recurring OpEx spending under control.
3. Globalgig acquired Velis4, which specializes in hosted VoIP phone, SIP trunking, hosted call center and hosted Skype for Business services. We’ll share more details soon.
4. Equinix acquired Verizon’s data center business for $3.6 billion. The move extends Equinix’s network and cloud connectivity platform, essentially allowing channel partners to build hybrid clouds that extend from on-premises gear to data centers to public clouds like Amazon Web Services. Verizon has been seeking to sell the data centers since early 2016 because the company failed to keep pace vs. AWS and Microsoft Azure. Instead, Verizon will double down on its network services business.
5. KKR acquired Optiv Security for roughly $1.9 billion, according to ChannelE2E’s sources. Optiv claims to be the latest pure-play IT cybersecurity solutions provider. Optiv had pursued an IPO in November, but ultimately shifts from one private equity owner to another.
6. GoDaddy acquired Host Europe Group for $1.79 billion. That deal also had been rumored since November. GoDaddy has been doubling down on SMB-focused hosting, cloud and SaaS applications. HEG gives GoDaddy a major European footprint. The company has also named a channel chief in recent days and is pushing into specialized developer niches like WordPress.
7. TDC acquired Adactic, an Office 365 channel partner in Denmark. Terms were not disclosed. Adactic is backed by a former Microsoft manager who previously helped to shape the software giant’s cloud strategy in Denmark.