FMT Consultants Acquires Salesforce Partner Red Sky Solutions
FMT Consultants, a Microsoft and NetSuite partner, acquires Salesforce partner Red Sky Solutions — which has completed more than 1,600 cloud CRM deployments since 2003.
5 Channel Partner Updates: Tuesday 29 May 2018
Today’s channel partner news involves Appirio, AppRiver, KKR acquires BMC Software, FMT Consultants acquires Red Sky, IBM Watson layoffs, Microsoft 365 for MSPs, SAP Sapphire 2018, TruMethods Schnizzfest 2018 & more.
Presidio Acquires Red Sky Solutions for 6.8X EBITDA Valuation
Midmarket IT solutions provider Presidio acquires cybersecurity consulting firm Red Sky Solutions for $40.8 million in cash and stock — a valuation of 6.8 times annual EBITDA, ChannelE2E calculates.