
Top 100 Technology Mergers and Acquisitions of 2017: MSPs, CSPs, IT Consulting Firms and More
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Welcome to M&A deals 71 through 80 for 2017.
71. Buyer: Peak 10 Buyer Focus: CSP
- Seller: ViaWest
- Seller Focus: CSP
- Summary: The deal creates a combined company that specializes in colocation, connectivity, cloud, and managed services.
- Valuation: $1.675 billion.
- News Analysis
72. Buyer: Perficient Buyer Focus: IT Services
- Seller: Clarity Consulting
- Seller Focus: CSP
- Summary: Solutions provider firm Perficient has acquired Clarity Consulting, a Microsoft cloud partner that specializes in custom development, cloud implementations, and digital experience design. Clarity, based in Chicago, generates $27 million in annual revenue and has roughly 160 consulting, technology, sales, and general and administrative profession.
- News Analysis
73. Buyer: Peristent Systems Buyer Focus: Global IT Services
- Seller: PARX
- Seller Focus: ISV Expert
- Summary: PARX is a Salesforce Certified Platinum Partner across Germany, Austria and Switzerland (known as the DACH market).
- Valuation: $17 million. News Analysis
74. Buyer: Rackspace Buyer Focus: MSP
- Seller: TriCore Solutions
- Seller Focus: ISV Expert
- Summary: TriCore is an Oracle- and SAP-focused MSP.
- News Analysis
75. Buyer: Rackspace Buyer Focus: MSP
- Seller: Datapipe
- Seller Focus: MSP
- Summary: Exact financial terms were not disclosed, but the deal involves plenty of Private Equity activity. Rackspace remains owned by Apollo Global Management. As part of the deal, Datapipe’s majority owner — Abry Partners — will receive equity in Rackspace, the companies revealed.
- News Analysis
76. Buyer: RapidScale Buyer Focus: CSP
- Seller: Vonage Hosted Infrastructure
- Seller Focus: CSP
- Summary: Vonage’s infrastructure services include a mix of managed and cloud services. The acquisition will expand RapidScale’s footprint on the U.S. East Coast as it opens an office in Tysons, Virginia and brings on a portion of Vonage’s clients. Customers migrated over from Vonage will gain access to RapidScale’s self-service platform, where they will be able to create new users, new servers, and new desktops, while password resets, usage reporting, event monitoring, and other features.
- News Analysis
77. Buyer: Right Networks Buyer Focus: CSP
- Seller: Xcentric
- Seller Focus: Vertical Markets
- Summary: Right Networks, provider of cloud hosting solutions for CPA firms, has acquired Atlanta-based Xcentric — a Top 100 Vertical Market MSP for 2017 that focuses on managed IT solutions for accounting firms.
- News Analysis
78. Buyer: Multiple Investors Buyer Focus: Venture Capitalists
- Seller: 2nd Watch
- Seller Focus: MSP
- Summary: 2nd Watch has more than 400 enterprise workloads under its management and more than 200,000 instances in its managed public cloud. Valuation: $19 million series D.
- News Analysis
79. Buyer: SmartPrint Buyer Focus: Office Equipment
- Seller: DynaCharge
- Seller Focus: Office Equipment
- Summary: The deal unites two managed print services providers.
- News Analysis
80. Buyer: Solar Communications Buyer Focus: MSP
- Seller: TWL Voice and Data
- Seller Focus: MSP
- Summary: Solar, a midmarket managed and cloud services provider, continues its buy-and-build strategy. The UK-based company has snapped up TWL Voice and Data Limited (TWL) for an undisclosed sum, adding to its managed services offering and expanding its geographic reach. In a prepared statement, the company says the move will “significantly strengthen Solar’s share of the business communications marketplace, and enhance its position as a leading managed service cloud communications provider.
- News Analysis
Continue to next page for M&A deals 81 through 90 for 2017.