Private Equity Funds RMM, IoT Software Acquisition
Laurel Solutions acquires Servelec Technologies, a provider of remote monitoring and management (RMM) software & Industrial Internet of Things (IIoT) systems. Private equity firm FFL Partners owns Laurel Solutions.
Partner Relationship Management: Impact Raises $75 Million
Impact, which develops a partnership automation platform, raises $75 million for organic growth & potential acquisitions. Forrester’s Jay McBain explains why partner engagements remain critical.
Zendesk Invests In Stella Connect Customer Service Platform
Zendesk invests in Stella Connect, a SaaS platform for contact center agents & their managers. A Zendesk-Stella Connect cloud integration is available.
Top 100 Technology Mergers and Acquisitions
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.
Simplus Acquires Sixth Salesforce Partner, Raises $20M
Simplus, a Salesforce managed services provider (MSP), acquires its sixth Salesforce partner & raises $20 million in new funding. Can cloud CRM consultant achieve global reach?
Venture Capitalists Bet $38M on Aspiring MSP Disruptor Called Electric
Electric builds chat bots & automated systems to disrupt traditional managed services providers (MSPs). Venture capitalists bet $38 million on the MSP disruption strategy.
Private Equity, Venture Capital Warning Signs for 2019
The New Year starts with fresh warnings about the private equity and venture capital markets, particularly as they pertain to technology and managed service provider (MSP) investments in 2019.
ConnectWise Invests in Perch Security: Inside the Deal
ConnectWise CEO Arnie Bellini, aligned with Perch Security, aims to give technology solutions providers security as a service to protect SMB customers. Can ConnectWise outmaneuver rival SOC moves by SolarWinds MSP & Continuum?
Investor Suggests CynergisTek Breakup: Managed Print, Cybersecurity Divorce?
An activist investor suggests CynergisTek shred its Managed Print Services (MPS) business to emphasize IT security portion of its company.
Multi-Cloud Management Startup Spotinst Raises $35 Million
Spotinst, which allows businesses to purchase and manage cloud infrastructure space through its Elastigroup platform, raises $35 million in Series B funding.