Mergers and Acquisitions, Mergers and Acquisitions, MSP

Technology Services Consulting Firm MGT Acquires Layer 3 Communications

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National solutions and technology services consulting firm MGT has acquired Layer 3 Communications. Financial terms of the deal were not disclosed.

This is technology M&A deal number 579 that ChannelE2E has covered so far in 2022. See more than 1,000 technology M&A deals involving MSPs, MSSPs & IT service providers listed here.

MGT Acquires Layer 3 Communications

MGT, founded in 1974, is based in Tampa, Florida. The company has 240 employees listed on LinkedIn. MGT's areas of expertise include disparity research, financial services, PK-12 education, higher education, state and local government consulting, human capital services, cybersecurity, community engagement and strategic communications.

Layer 3, founded in 1998, is based in Atlanta, Georgia. The company has 128 employees listed on LinkedIn. Layer 3’s areas of expertise include wireless local area networks (WLAN), local area networks (LAN), wide area networks (WAN), network security audits, network security monitoring, network virtualization, server virtualization, data center design, data center migration and custom monitoring.

Networking MSP Acquired: Executive Perspectives

Trey Traviesa, CEO and chairman, MGT
Trey Traviesa, CEO and chairman, MGT

Trey Traviesa, MGT CEO and chairman, commented on the news:

“Similar to MGT, Layer 3 is a trusted information technology infrastructure solutions provider. Our alliance extends our ability to solve complex IT and security problems like network management and cloud migration for clients in this mission-critical and rapidly growing area of public agency performance for increased social impact and safety.”

Rodney Turner, Layer 3 president and CEO, added:

“We’re excited to embark on this next evolution of our companies together and look forward to leveraging and elevating the strengths of our organizations to provide an even higher level of comprehensive services to our customers.”

MGT's M&A History

Layer 3 is the newest addition to MGT's Technology Solutions Group. MGT acquired Cira Infotech in Q4 2020.

Sharon Florentine

Sharon is a master technology storyteller and editor with omnichannel experience: books and print magazines, digital, webcast, blogging, podcast, live events and video and associated brand-specific social media content. From 1999 to 2003, she acquired and edited technology books and certification exam prep guides.

After a year spent in publicity and editorial at mass-market book publishers, she returned to tech publishing and, since 2004, explored B2C and B2B news, issues and trends in consumer, lifestyle, software, software development, AI, ML, networks, big data, hardware, security, storage, cloud, equity, inclusion, diversity, women in tech, career development, IT management, H-1B visa issues and immigration, education, training and learning.

Her previous role was as the managing editor at Techstrong Group in charge of Cloud Native Now, DevOps.com, Security Boulevard and Techstrong ITSM and their brand-specific social media. She currently serves as editorial director for CyberRisk Alliance’s channel brands, ChannelE2E and MSSP Alert and acting editorial director for SC Media UK. Drop me a note and let’s talk!

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