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Top 100 Mergers and Acquisitions 2018

Welcome to the next portion of the list. Send merger and acquisition news or corrections to ChannelE2E Content Czar Joe Panettieri (Joe@AfterNines.com).

Buyer: Powernet
Acquisition: Maxis360
Details: The merged company united a full-service technology provider and a managed IT services provider (MSP). Powernet has offices in Ohio. Maxis360 has offices across Florida.
ChannelE2E Analysis 

Buyer: Presido
Acquisition: Red Sky Solutions
Private Equity: Apollo Global Management
Details: Presidio paid $36.6 million in cash and approximately $4.2 million in Presidio common stock — for a total price of $40.8 million, according to MSSP Alert reporting. The buyout valuation was 6.8 times EBITDA, MSSP Alert says.
ChannelE2E Analysis 

Buyer: Pure Technology Group (PTG)
Acquisition: Keytech
Details: Keytech was founded more than 25 years ago, going on to specialize in backup and data continuity, and managed services.
ChannelE2E Analysis 

Buyer: Rackspace
Acquisition: RelationEdge
Private Equity: Apollo Global Management
Details: RelationEdge is a Salesforce Platinum Consulting Partner and digital agency. The acquired company has 125 employees and offices in a dozen cities across the U.S.
ChannelE2E Analysis 

Buyer: Rehmann
Acquisition: Trivalent Group
Details: Accounting and advisory services firm Rehmann is merging with Trivalent Group, a managed IT service provider based in Grandville, Michigan.
ChannelE2E Analysis 

Buyer: Reliam
Acquisition: G2 Tech Group
Private Equity: Great Hill Partners
Details: The deal united an Amazon and Microsoft MSP with DevOps and SaaS automation services. The business later relaunched under a new brand called Mission.
ChannelE2E Analysis 

Buyer: Reliam
Acquisition: Stratalux
Private Equity: Great Hill Partners
Details: Reliam has acquired Stratalux, essentially merging two MSPs focused on Amazon Web Services (AWS). Reliam parent Great Hill Partners, a private equity firm, funded the deal. Financial terms were not disclosed.
ChannelE2E Analysis 

Buyer: Richey May
Acquisition: Arrow Partnership
Details: Richey May, a Denver, Colorado-based accounting and advisory firm, acquired two IT consulting firm. (1) Arrow Partnership, a nationwide provider of management and IT consulting services. And (2) Corporate Blue, a cybersecurity and managed IT services firm. Those firms will join Richey May’s Technology Solutions division, which launched in March 2018.
ChannelE2E Analysis 

Buyer: Richey May
Acquisition: Corporate Blue
Details: Richey May, a Denver, Colorado-based accounting and advisory firm, acquired two IT consulting firm. (1) Arrow Partnership, a nationwide provider of management and IT consulting services. And (2) Corporate Blue, a cybersecurity and managed IT services firm. Those firms will join Richey May’s Technology Solutions division, which launched in March 2018.
ChannelE2E Analysis 

Buyer: Roc Technologies
Acquisition: Esteem Systems
Details: As it continues to push forward with its aggressive growth strategy, London, England-based services company Roc Technologies acquired Esteem Systems. The combined business is expected to hit revenues of approximately US$92.5 million in 2019 with an EBITDA margin of nine percent.
ChannelE2E Analysis 

Buyer: RSM US LLP
Acquisition: Explore Consulting
Details: Audit, tax, and consulting services company RSM US LLP is acquiring Explore Consulting, an Oracle NetSuite solution provider.
ChannelE2E Analysis 

Buyer: SageNet
Acquisition: Aware Software
Details: The deal combined a managed IT services & cybersecurity provider with an IoT monitoring business across Oklahoma & Georgia.
ChannelE2E Analysis

Buyer: SAP National Security Services (SAP NS2)
Acquisition: Technology Management Associates (TMA)
Details: TMA is a signals intelligence and engineering services contractor in the government sector. The company also offers a range of IT consulting, systems integration and project management services. Key areas of focus include IT security, enterprise networking, systems administration and systems engineering.
ChannelE2E Analysis 

Buyer: ScanSource
Acquisition: Canpango
Details: Canpango is a Salesforce implementation and cloud consulting partner. The deal will help ScanSource partners with customer deployment and integration projects that span cloud CRM, contact center as a service (CCaaS) and unified communications as a service (UCaaS), ScanSource asserts.
ChannelE2E Analysis 

Buyer: Scantron Corp.
Acquisition: IT Nexus
Details: IT Nexus is a managed services provider (MSP) with healthcare expertise in Omaha, Nebraska. This is Scantron’s third MSP-oriented buyout in the Omaha area. Earlier deals involved acquiring WRK Systems in 2017 along with P&L Technology in 2016.
ChannelE2E Analysis 

Buyer: Science Applications International Corp. (SAIC)
Acquisition: Engility
Details: Science Applications International Corp. (SAIC) acquired rival Engility for $2.5 billion in stock. The deal created a $6.5 billion IT consulting and professional services firm focused on government agencies.
ChannelE2E Analysis 

Buyer: Searchlight Capital Partners
Acquisition: Mitel
Details: An investor group led by affiliates of Searchlight Capital Partners acquired Mitel for $2 billion in cash.
ChannelE2E Analysis 

Buyer: Sentinel Capital Partners
Acquisition: UBEO Business Services
Private Equity: Sentinel Capital Partners
Details: Reinforcing a growing trend, private equity firm Sentinel Capital Partners acquired UBEO Business Services, a provider of printer, copier, and related office equipment.
ChannelE2E Analysis 

Buyer: SentryOne
Acquisition: Pragmatic Works Software (PWS)
Details: Microsoft SQL Server database partners SentryOne and Pragmatic Works Software (PWS) have watched each other in the market for several years. And in 2018, they merged.
ChannelE2E Analysis 

Buyer: ServerCentral
Acquisition: Turing Group
Details: ServerCentral, a managed IT infrastructure provider, acquired Turing Group, an Amazon Web Services (AWS) Advanced Consulting Partner.
ChannelE2E Analysis 

Send merger and acquisition news or corrections to ChannelE2E Content Czar Joe Panettieri (Joe@AfterNines.com). Continue to next page for the next portion of the list.