Coffee Monday

5 Channel Partner Updates: Monday 11 November 2018

Welcome to page two of two, featuring items 10 to 1.

10. Peer GroupsTaylor Business Group (TBG) has launched the Grow Together Opportunity Program. Under this program, TBG has created a $60,000 Opportunity Fund to enable small MSPs to join a TBG Business Improvement Group (BIG) at no cost. 

9. Startup Funding Contest: Ingram Micro Cloud has funded Comet Competition, a software developers’ contest deployed by startup accelerator MassChallenge. Competitions will occur across Boston, Austin, and Tel Aviv, Israel. Twelve startups will earn cash and go-to-market funds totaling more than $1.5 million, and will also leverage Ingram Micro Cloud. Ingram didn’t mention how much of the $1.5 million is actual cash, and how much is “go-to-market” funds, and what those funds involve.

8. Investment – ITSM: Morgan Stanley Expansion Capital has invested $30 million into Samanage, an ITSM startup.

7. Private Equity – Application Management: Datto parent Vista Equity Partners is acquiring Apptio for $1.94 billion and taking the application management software provider private.

6. Private Equity – IT Staffing:  Stone Point Capital LLC has acquired Eliassen Group, an IT staffing firm. Financial terms were not disclosed.

5. M&A – CRM Consulting: Accenture has acquired Stockholm-based Kaplan, a provider of data-driven customer relationship management services. This is the latest in a very long list of Accenture acquisitions. We’ll share more details soon.

4. M&A – AWS Partner: Mphasis has acquired Stelligent Systems LLC, an Amazon Web Services (AWS) cloud and DevOps partner, for $25 million. We’ll share more details soon.

3. M&A – IT Services: Uniti Group has acquired Information Transport Solutions, Inc. (“ITS”) for $54 million. ITS provides technology solutions to educational institutions in Alabama and Florida. ITS reported revenues of over $45 million in 2017.  We’ll share more details soon.

2. Top 100 Vertical Market MSPs 2019Complete the survey and potentially have your MSP honored for its vertical-market momentum.

1. How to Reach $5 Million Annual Recurring Revenues: We’ll share the tips during our next ChannelE2E webcast. Register now.

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