Cloud MSP Investor, Buyer Great Hill Partners Raises $2.5 Billion
Great Hill Partners, a private equity firm that has acquired managed services providers (MSPs) & cloud companies, raises $2.5 billion for latest fund.
5 Channel Partner Updates: Thursday 27 June 2019
Today’s channel partner news involves Addigy, AppSmart, BrightGauge, CloudRevenuePartners, Commvault, OneLogin, Reinvent Telecom, SADA Systems, Secure-24, SolarWinds, Veristor & more.
Secure-24 Acquires SAP Managed Services Partner Symmetry Holding
Secure-24, an NTT Communications company, acquires SAP managed services provider (MSP) Symmetry Holding. Here’s why.
Latest Evolve IP Acquisition: Artificial Intelligence Meets Contact Centers
Evolve IP, backed by private equity, acquires Jog.ai to inject artificial intelligence (AI), speech analytics & natural language technology into contact centers.
Digital Realty Acquires Brazil Data Centers, Assets for $2.25B
Digital Realty acquires Ascenty and related data center assets for $2.25 billion. The deal targets Brazil & Latin America, and carries a valuation of 15.0 to 15.5 times underwritten forward stabilized EBITDA.
Reliam Acquires G2 Tech Group for AWS Cloud, Managed DevOps Services
Reliam LLC, an MSP focused on Amazon Web Services and Microsoft Azure, acquires G2 Tech Group, an AWS cloud partner that offers managed DevOps and SaaS automation services.
Amazon AWS Cloud MSPs Merge: Reliam Acquires Stratalux
Reliam acquires Stratalux, merging two MSPs focused on Amazon Web Services (AWS) & cloud migrations. Reliam parent Great Hill Partners, a private equity firm, funds the deal.
AWS, Azure Cloud Partner Reliam Gains $75 Million War Chest for Acquisitions
Reliam LLC, an MSP with Amazon Web Services (AWS) & Microsoft cloud expertise, hires CEO & taps Great Hill for $75M to fuel acquisitions.
Evolve IP’s $100 Million War Chest for MSP, CSP Acquisitions
Backed by private equity funding, Evolve IP is speaking with six to eight managed services providers (MSPs) and cloud services providers (CSPs) about M&A.
Private Equity Firm Acquires Cloud Services Provider
Great Hill Partners has acquired majority control of Evolve IP, a fast-growth cloud services provider (CSP). Next up: Evolve IP will make more acquisitions.