
Top 100 Technology Mergers and Acquisitions of 2017: MSPs, CSPs, IT Consulting Firms and More
Credit: Getty Images
Welcome to M&A deals 81 through 90 for 2017.
81. Buyer: Speridian Buyer Focus: ISV Expert
- Seller: Xelleration
- Seller Focus: ISV Expert
- Summary: In a deal that unites Oracle and Microsoft partners, Speridian Technologies (Albuquerque, New Mexico) and Xelleration (Irvine, California) are merging. Speridian Technologies, founded in 2003, is an Oracle Platinum Partner serving the commercial and public sector markets across multiple industries. Areas of IT expertise include CRM, business applications, Web applications development and SaaS business models, the company says.
- News Analysis
82. Buyer: Synnex Buyer Focus: Distributor
- Seller: Westcon-Comstor
- Seller Focus: Distributor
- Summary: Synnex pushed into the Cisco distribution market with this deal. Valuation: $800 million 9X EBITDA.
- News Analysis
83. Buyer: System One Buyer Focus: Staffing Firm
- Seller: GAP Solutions
- Seller Focus: IT Services
- Summary: System One is one of the nation’s largest staffing firms. GAP Solutions, backed by about 400 employees, is ISO 9001:2015 certified and specializes in Human Capital Management, Security Process Management, Scientific and Technical Expertise, and Operations Management, the companies say.
- News Analysis
84. Buyer: Tech Data Buyer Focus: Distributor
- Seller: Avnet Technology Solutions
- Seller Focus: Distributor
- Summary: Tech Data swallowed ATS to push deeper into enterprise IT solutions from major data center companies.
- Valuation: $2.6 billion.
- News Analysis
85. Buyer: Telstra Buyer Focus: Telecom Services
- Seller: Company85
- Seller Focus: CSP
- Summary: Australian telecom giant Telstra acquired Company85, a UK-based technology services provider. Company85, which provides data center, workspace, cloud, security and network services, has big-name business and government clients including BBC, London City Airport, Royal Mail, AstraZeneca, J.P. Morgan and Roche.
- News Analysis
86. Buyer: The Purple Guys Buyer Focus: MSP
- Seller: We Are IT
- Seller Focus: MSP
- Summary: The combined company, which is expanding from Kansas City to St. Louis, Missouri, will have about 40 employees and 200 customers. Roughly 40 of those customers come from the We Are IT acquisition.
- News Analysis
87. Buyer: Thoma Bravo Buyer Focus: Private Equity
- Seller: Continuum
- Seller Focus: MSP Software
- Summary: Thoma Bravo acquired Continuum to further accelerate the MSP software company’s RMM, BDR, NOC & SOC growth.
- News Analysis
88. Buyer: Thoma Bravo Buyer Focus: Private Equity
- Seller: Barracuda Networks Seller Focus: Security
- Summary: Under terms of the deal, Barracuda will operate as a privately-held company with a continued focus on email security and management, network and application security, and data protection solutions that can be deployed in cloud and hybrid environments, the companies indicated.
- Valuation: $1.6 billion.
- News Analysis
89. Buyer: Thrive Networks Buyer Focus: MSP
- Seller: Precision IT
- Seller Focus: MSP
- Summary: Thrive Networks acquired Precision IT, a managed services provider (MSP) in New York City that has financial services expertise. The combined company has nearly 200 employees, Thrive indicated.
- News Analysis
90. Buyer: Tikehau Capital Buyer Focus: Private Equity
- Seller: Claranet
- Seller Focus: CSP
- Summary: Claranet received a US$103 million (£80 million) minority stake investment from Tikehau Capital, an asset management and investment group. The CSP is a Microsoft, AWS and Google cloud partner.
- News Analysis
Continue to next page for M&A deals 91 through 100 for 2017.