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5 Channel Partner Updates: Wednesday 02 January 2019

Welcome to page two of two for today. Here are items 10 to 1.

10. M&A – Vertical Market IT Services: Digital Intelligence Systems, LLC (DISYS) has acquired Princeton Information, headquartered in New York City. We’ll share more details soon.

9. M&A – IT Services: Excel Redstone has acquired Kedington Holdings, one of the UK’s largest IT services companies.

8. M&A – Web Design: Wellspring Search has acquired Absolute Web Designs. We may share more details soon.

7. M&A – Private Equity Buys CMIT: In case you missed it, this big M&A deal involving CMIT surfaced a few days ago.

6. M&A – Midmarket MSP: Windstream has sold its EarthLink consumer Internet business and various fiber assets for a combined $390.5 million. The midmarket MSP is striving to strengthen its balance sheet while doubling down on unified communications, SD-WAN and other managed services.

5. M&A – SMB Communication: SPS Commerce has acquired CovalentWorks for $23 million in cash and stock. CovalentWorks provides EDI solutions for small- and mid-sized businesses, SeekingAlpha reports.

4. M&A – Vertical Market Software: OBASA Hospitality has acquired IBC Hospitality Technologies (IBC), which develops an all-in-one software and services platform for hotels.

3. Ingram Micro for Sale?: That’s been the speculation for about a week

2. Top 100 Vertical Market MSPs: Participate in our survey here and your company could be honored among the world’s Top 100 Vertical Market MSPs.

1. How Much Is Your Business Worth?: Find out during our next ChannelE2E webcast

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3 Comments

Comments

    Peter Radizeski:

    Windstream is NOT an MSP. Windstream is a telco – mainly an ILEC (incumbent phone company) but also a competitive phone company. Calling it an MSP confuses the term.

    Joe Panettieri:

    Hi Peter: Windstream certainly is a telco, as you point out. But the company also offers a range of managed services.
    -jp

    Peter Radizeski:

    True they have a catalog of managed services but they are a Telco through and through. Internet and voice being 80% of its revenue.

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