Top 100 Technology Mergers and Acquisitions of 2017: MSPs, CSPs, IT Consulting Firms and More

Welcome to M&A deals 41 through 50 for 2017.

41. Buyer: Focus Technology Solutions Buyer Focus: MSP

  • Seller: NSK Inc.
  • Seller Focus: MSP
  • Summary: Focus Technology Solutions, a provider of complete business technology solutions, professional services and managed IT services, has acquired NSK Inc., an information technology consulting firm specializing in managed services. Both companies are located in Massachusetts.
  • News Analysis

42. Buyer: Fusion Buyer Focus: CSP

  • Seller: Birch Communications
  • Seller Focus: CSP
  • Summary: Fusion acquired the cloud and business services customers, operations and infrastructure of Atlanta-based Birch Communications, a privately-held company, for $280 million in August. The combined operations will have a value of about $950 million.
  • Valuation: $280 million.
  • News Analysis

43. Buyer: Green House Data Buyer Focus: CSP

  • Seller: Cirracore
  • Seller Focus: CSP
  • Summary: Green House, which specializes in cloud hosting, colocation, hybrid IT, and managed services, has acquired Cirracore, an Atlanta-based IaaS and hybrid cloud specialist. The Cirracore customer list includes a strong presence in the Southeast as well as large national and international brands. Both companies are VMware partners.
  • News Analysis

44. Buyer: HighPoint Technology Group Buyer Focus: MSP

  • Seller: TechForceIT
  • Seller Focus: MSP
  • Summary: The deal unites two Texas-area managed services providers (MSPs). HighPoint gains some impressive TechForceIT clients, which include law firms, doctors’ offices and physician practices, small oilfield services companies and a range of retail clients.
  • News Analysis

45. Buyer: HOSTING Buyer Focus: CSP

  • Seller: Stelligent Systems
  • Seller Focus: CSP
  • Summary: Stelligent Systems provides DevOps automation and continuous delivery solutions for Amazon Web Services (AWS).
  • News Analysis

46. Buyer: Improving Holdings Buyer Focus: IT Services

  • Seller: ProSource Solutions
  • Seller Focus: IT Services
  • Summary: ProSource, a Microsoft partner, should lift Improving’s yearly revenue by more than $10 million in 2018, the companies indicated. Improving did not disclose what percentage of ProSource’s revenues are recurring vs. project oriented.
  • News Analysis

47. Buyer: Ingram Micro Buyer Focus: Distributor

  • Seller: The Phoenix Group
  • Seller Focus: Distributor
  • Summary: Ingram Micro acquired The Phoenix Group, a U.S.-based specialty distributor of point-of-sale (POS) technology for the U.S. and Canadian electronic payments market. The deal sets the stage for Ingram to compete more aggressively against ScanSource, a specialty distributor that has deep reach into the retail vertical and extensive POS expertise.
  • News Analysis

48. Buyer: Insight Venture Partners Buyer Focus: Private Equity

  • Seller: Resolve Systems
  • Seller Focus: ISV Expert, Splunk partner
  • Summary: Resolve Systems, a Splunk partner, develops incident response and automation solutions for IT departments, security, network, and service desk operations teams.
  • News Analysis

49. Buyer: Iron Mountain Buyer Focus: Data Management

  • Seller: Fortrust
  • Seller Focus: Data Centers
  • Summary: MAG Datacenters operates Fortrust, a Denver-based private data center business with 210,000 square feet of multi-tenant data center space. This is the first data center acquisition for Boston-based Iron Mountain, which provides information and asset storage, records management, data center space, data management and secure shredding to clients across the world.
  • Valuation: $128 million.
  • News Analysis  $128 million

50. Buyer: Iron Mountain Buyer Focus: Data Centers

  • Seller: IO Data Centers
  • Seller Focus: Data Centers
  • Summary: Velocity acquiring the U.S. operations of IO Data Centers. The total consideration of $1.315 billion, which does not include up to $60 million of potential additional payments, represents a multiple of 15x synergized 2018 EBITDA, post integration, the companies say.
  • News Analysis

Continue to next page for M&A deals 51 through 60 for 2017.