How Private Equity Buyouts Can Be Good for Business
When a private equity firm acquires a business, employees may fear systematic changes made by outside decision makers. But don’t overlook the potential upsides of private equity.
SolarWinds Files for Initial Public Offering (IPO)
SolarWinds files for potential IPO (initial public offering). It could be a bellwether event for MSP software and IT service management companies.
Private Equity Firm Invests in Eze Castle Integration
Private equity firm H.I.G. Capital invests an undisclosed sum in Eze Castle Integration (ECI), the well-known managed service provider (MSP) for financial services customers.
KKR Acquires BMC Software in Private Equity Deal
KKR acquires BMC Software. Private equity firm attempts to accelerate BMC’s digital transformation capabilities for IT service management (ITSM) and more.
Excalibur Communications Completes Management Buyout
Excalibur Communications CEO Peter Boucher is leading the company’s management team as it takes majority ownership of the firm.
Reliam Acquires G2 Tech Group for AWS Cloud, Managed DevOps Services
Reliam LLC, an MSP focused on Amazon Web Services and Microsoft Azure, acquires G2 Tech Group, an AWS cloud partner that offers managed DevOps and SaaS automation services.
Access Acquires Six Data Protection Companies
Access, the largest privately-held records and information management (RIM) services provider in the US, acquires six data protection companies in Canada.
Rackspace Acquires Salesforce Cloud Consulting Partner RelationEdge
Rackspace acquires RelationEdge, a Salesforce Platinum Consulting Partner and digital agency. Rackspace’s push beyond managed AWS, Microsoft Azure & Google cloud services now includes SaaS, Oracle, SAP and other application services.
Private Equity Firm Merges Two MSPs, Creates National CSP
Breakthrough Technology Group (BTG) and NexusTek, two cloud services-focused MSPs, have merged to form a national CSP. Private equity firm Abry Partners pulled together the deal.