This is technology M&A deal number 640 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.
Ensono Acquires AndPlus
Ensono, founded in 1969, is based in Downers Grove, Illinois. The company has 2,261 employees listed on LinkedIn. Ensono’s areas of expertise include support for mission-critical workloads, infrastructure modernization, price optimization, system migration and more.
AndPlus, founded in 2009, is based in Southborough, Massachusetts. The company has 32 employees listed on LinkedIn. AndPlus’ areas of expertise include mobile application development, web application development, custom software development, hardware integration, iOS, Android, enterprise app development, UI/UX design, IoT, machine learning, artificial intelligence and digital transformation.
The acquisition is part of Ensono’s strategy to scale its cloud and data engineering capabilities. AndPlus’ capabilities complement Ensono’s end-to-end transformation offerings in the areas of cloud-native development, application modernization, site reliability engineering (SRE), DevSecOps and data engineering, according to the company.
AndPlus works across a number of different industries and counts business and financial services media company Bloomberg among its clients. AndPlus partnered with Bloomberg to create Bloomberg Vault, an archiving solution that allows companies to conduct eDiscovery search and analytics.
Following the acquisition, AndPlus will become part of Ensono Digital, Ensono’s public cloud advisory and consulting practice, the company said.
Ensono Acquires AndPlus: A Natural Next Step
Jeff VonDeylen, CEO, Ensono, commented:
“AndPlus’ client-first philosophy and depth of cloud expertise make them the perfect fit for Ensono. We continue to invest in our cloud engineering capabilities and AndPlus was a natural next step. I look forward to seeing how they help us continue to drive results for our clients and deliver on business outcomes.”
Sean Mahoney, CEO, AndPlus, said:
“By joining forces with Ensono, we combine our expertise in cloud native engineering, design, and development with Ensono’s proven ability to manage clients’ complex infrastructure. Together we can execute on a client’s entire digital transformation roadmap. It’s a great partnership and we look forward to expanding our portfolio of services and growing on a global scale.”
Jeff Wile, executive vice president, Ensono Digital, said:
“AndPlus has a strong leadership team and talented people working for them. Their teams’ ability to deliver innovative solutions for clients and get results is evident by their customer loyalty. I look forward to AndPlus joining the Ensono Digital team and the ability to bring more resources and capabilities to clients both in the US and globally.”
About Ensono: Ownership & Previous Acquisitions
KKR acquired Ensono for an estimated $1.7 billion valuation from private equity firms Charlesbank Capital and M/C Partners in April 2021.
Charlesbank Capital and M/C Partners had acquired Ensono — the former Axciom IT business — in May 2015 for $190 million in cash. The MSP re-emerged as Ensono, backed by a new management team, in January 2016.
Ensono has grown organically and through additional acquisitions. Key deals included acquiring:
- ExperSolve, a mainframe application migration company.
- Amido, a cloud-native consultancy in the United Kingdom, in 2021.
- Wipro’s data center services business in 2018.
- Inframon, a UK-based Microsoft Azure cloud partner, in June 2017.
- Attenda, a UK-based provider of hybrid IT managed services, in September 2016.