Midmarket
ChannelE2E provides news and trends on midmarket technology sales for CSPs, MSPs, VARs, ISVs, IT distributors & technology partners in the IT channel.
Presidio Buyer Sweetens Stock Deal After Second Bidder Emerges
After second bidder emerges, private equity firm BC Partners agrees to pay Presidio shareholders 3.75 percent more per share than originally announced in August.
Avaya for Sale? New Company Statement
Will Avaya be acquired? Latest company statement is vague. Third-party reports say Avaya bidders may include Mitel Networks; Clayton Dubilier & Rice (CD&R); and RingCentral.
SAP Partner Acquisition: Vision33 Buys UK’s B1 Systems
IT consulting firm Vision33 acquires B1 Systems of the United Kingdom, uniting two SAP Business One cloud application deployment partners for SMB customers.
Major MSP Acquisition: Red River Buys CWPS
Red River acquires CWPS in one of the most compelling MSP (managed IT services provider) deals of 2019. CEOs Rick Bolduc & Jason Waldrop share merger details.
RDX Acquires Navisite Managed Cloud Services
RDX acquires Navisite, a Microsoft Azure Expert MSP, Office 365 & VMware cloud services partner. Private equity firm Madison Dearborn Partners owns RDX.
Buchanan Technologies Acquired By Private Equity Firm LightView Capital
Buchanan Technologies, a major managed IT services provider (MSP), acquired by private equity firm Lightview Capital. martinwolf’s LMM Group advised Buchanan on the deal.
Mitel Acquiring Avaya?
Mitel Networks bids to acquire Avaya; seeks to combine unified communications businesses. Mitel is owned by private equity firm Searchlight Capital Partners.
Presidio Acquired By Private Equity Firm BC Partners
Private equity firm BC Partners acquires digital & cloud IT solutions provider Presidio (a Cisco Systems, Dell EMC & VMware Cloud on AWS partner) for $2.1 billion.
Avaya Company Sale Discussions: Decision By September 2019
Avaya is evaluating potential takeover bids (i.e., “strategic alternatives”) for the technology company. Ownership decision expected in 30 days, Avaya CEO says.
Private Equity Invests In ERP Technology Consultant ALKU
Private equity firm FFL Partners invests in ALKU, with provides contractors for enterprise resource planning (ERP), healthcare IT, life sciences, government & cybersecurity projects.