
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.

Synoptek Continues IT Managed Services Buying Spree
Synoptek, backed by a key private equity firm, buys EarthLink’s IT services business for $29 million. Why more private equity dollars will hook MSPs.

Big MSPs, VARs Get Hooked on Private Equity
Court Square buys AHEAD. It’s the third major private equity buyout of a VAR, MSP or IT solution provider in recent days.