Vertical Market MSP Acquisition: Abacus Group Buys Proactive Technologies
Abacus Group acquires Proactive Technologies, uniting two financial services MSPs (managed IT service providers) that have deep expertise in alternative investment firms such as hedge funds.
BCM Receives Private Equity, Acquires SIPtrunk
New York City-based managed IT solutions provider BCM One attacts private equity investment and acquires Siptrunk.
Top 100 Technology Mergers and Acquisitions: 2018 List
The top 100 mergers and acquisitions involving MSPs & CSPs (managed & cloud services providers), private equity firms, VARs (value-added resellers), IT consultants, IT service providers (ITSPs), solutions providers & more.
Private Equity Is (Still) Eating the MSP Software Market
Private equity firms like Insight Venture Partners, Thoma Bravo & Vista Equity Partners are reshaping the MSP (managed services provider) software market. And they’re not done.
Barracuda Networks Acquires Managed Workplace RMM From Avast
Barracuda Networks acquires Managed Workplace RMM software — countering ConnectWise, Datto, Kaseya, Solarwinds MSP & Continuum. But the real story involves Private Equity…
CACI Acquires Two Government Cybersecurity Consulting Firms, LGS and Mastodon
CACI acquires LGS Innovations & Mastodon Design for $975 million. CACI gains expertise in secure networking, cybersecurity, software development, SIGINT & electronic warfare expertise.
Syntax Acquires Oracle Partner, Gains AWS Cloud Expertise
Syntax Systems acquires EmeraldCube Solutions, an Oracle partner that offers managed services for JD Edwards’ ERP applications on Amazon Web Services (AWS) & other platforms.
ConvergeOne: Alleged Fraud Complicates $1.2 Billion Debt Efforts
ConvergeOne faces $11 million writedown after potential employee fraud, report says. Lenders are struggling to sell $1.2 billion worth of loans tied to ConvergeOne’s 2018 company sale.