PE-Backed Trace3 Acquires IT Services Company Groupware Technology
Trace3 acquires Groupware to expand market position and add cloud-focused technology and support capabilities to its offerings.
Trace3: Acquisitions, Private Equity Fuel MSP’s Growth
Trace3, backed by H.I.G. Capital’s private equity and recent MSP acquisitions, delivers record annual revenues & continued growth. Profit figures are undisclosed.
5 Channel Partner Updates: Tuesday 07 May 2019
Today’s channel partner, MSP & CSP news involves: H.I.G. Capital, Intelisys, Kaseya Connect IT, Kong Inc., ServiceNow Knowledge, Sidepath, Trace3 & more.
5 Channel Partner Updates: Tuesday 14 August 2018
Today’s channel partner news involves Tesla go-private discussions; Momentum Cyber advises ADT on Secure Designs; H.I.G. Capital Acquires Buck; Green Cloud & AVANT partner; WCI Data Solutions acquires HingePoint and more.
Private Equity Merges Trace3, Data Strategy for Nationwide IT Services
Trace3 and Data Strategy LLC (DSI) merge to create nationwide provider of cloud, data intelligence, security, DevOps and enterprise IT solutions. Trace3 parent & private equity firm H.I.G. Capital funds the deal.