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 ([email protected]).
Buyer: Timico
Acquisition: 25sevenIT
Details: The deal is part of Timico’s strategy to become “the UK’s leading independent ICT Managed and Cloud Services company,” the firm said.
ChannelE2E Analysis
Buyer: Trace3
Acquisition: Data Strategy LLC
Private Equity: H.I.G. Capital
Details: The two companies merged to create a nationwide provider of cloud, data intelligence, security, DevOps, and enterprise IT solutions. Trace3 parent and private equity firm H.I.G. Capital (a very active MSP- and IT services investor) funded the deal.
ChannelE2E Analysis
Buyer: TransIP
Acquisition: IT-Ernity
Details: Dutch independent hosting provider TransIP acquired IT-Ernity, which provides business-critical managed services and shared hosting for small to midsize enterprises in the Netherlands. The seller was private equity firm VSS.
ChannelE2E Analysis
Buyer: Triangle
Acquisition: Kerna Communications
Details: Irish IT services provider Triangle has acquired Kerna Communications, a local cybersecurity, networking, and managed services provider (MSP).
ChannelE2E Analysis
Buyer: Trilogy Technologies Group
Acquisition: Zinopy Security
Details: Trilogy Technologies Group acquired IT cybersecurity and workspace virtualization solutions provider Zinopy Security. The combined company has 100 employees, annual revenue of roughly €20 million (US$23.4 million); and offices in Dublin, Ireland and London.
ChannelE2E Analysis
Buyer: TrueIT
Acquisition: Netrix IT of Fargo
Details: TrueIT’ was attracted to Netrix’s specific expertise and attention to the education market, according to CEO Zac Paulson.
ChannelE2E Analysis
Buyer: TrustPoint.one
Acquisition: Alderson Court Reporting
Details: Trustpoint.One, an eDiscovery and legal solutions provider, has acquired Kelly Legal Managed Services (KLMS) for an undisclosed sum. This is Trustpoint’s third acquisition in recent weeks, having already bought Alderson Court Reporting and Confluent Translations.
ChannelE2E Analysis
Buyer: TrustPoint.one
Acquisition: Confluent Translations
Details: Trustpoint.One, an eDiscovery and legal solutions provider, has acquired Kelly Legal Managed Services (KLMS) for an undisclosed sum. This is Trustpoint’s third acquisition in a few short weeks, having already bought Alderson Court Reporting and Confluent Translations.
ChannelE2E Analysis
Buyer: Uniserve Communications Corp.
Acquisition: RootCeller Technologies
Details: Uniserve, backed by $4.5 million in financing, acquired “certain assets” of RootCellar Technologies Corp. for $2 million. Uniserve (Vancouver, British Columbia) says the deal will help it drive revenues while strengthening partner alliances across Canada.
ChannelE2E Analysis
Buyer: Unitas Global
Acquisition: Solinea
Details: Solinea is an IT services provider that specializes in cloud adoption, application migration, container and DevOps services.
ChannelE2E Analysis
Buyer: Version 1
Acquisition: Cedar Consulting
Details: Irish IT firm Version 1 has acquired Oracle cloud services partner and London HR Transformation specialist Cedar Consulting Ltd., marking Version 1’s sixth buyout of a UK business.
ChannelE2E Analysis
Buyer: Wavestone
Acquisition: Xceed Group
Details: The acquired business is a nearly $19 million IT consulting firm focused on the financial services vertical. The company has roughly 60 employees, mainly in London though some are in New York. Overall, Wavestone has roughly 2,600 employees across four continents.
ChannelE2E Analysis
Buyer: West Street Infrastructure Partners III
Acquisition: Restaurant Technologies Inc.
Details: West Street is a private equity investment arm of Goldman Sachs. Restaurant Technologies is an MSP focused on commercial kitchen automation systems.
ChannelE2E Analysis
Buyer: Whoa Networks
Acquisition: Platinum Systems
Details: Whoa specializes in security, compliance, cloud and enterprise solutions for customers. Platinum Systems provides on-site and remote IT support, along with cloud backup services.
ChannelE2E Analysis
Buyer: Whoa Networks
Acquisition: Hipskind Technology Solutions Group
Details: Whoa specializes in security, compliance, cloud and enterprise solutions for customers. Hipskind TSG is an IT solutions provider with operations in the Midwest.
ChannelE2E Analysis
Buyer: Windstream
Acquisition: MassComm
Details: Windstream acquired MassComm, a CLEC & Inc. 5000 company that offers voice, data, risk management, SD-WAN, managed security & network monitoring services.
ChannelE2E Analysis
Buyer: WorkSmart
Acquisition: CDI Managed Services’s clientele
Details: WorkSmart acquired CDI Managed Services’ small and midsize business (SMB) clientele — which includes customers in Atlanta, Georgia and the New York Metro area,
ChannelE2E Analysis
Buyer: YellowBus
Acquisition: Converged Business Solutions (CBS)
Details: CBS is a Warrington, UK-based provider of telephony services and hosted VoIP solutions. Yellowbus says the acquisition is part of its growth plans as it seeks to become a leading partner in managed services for SMEs.
ChannelE2E Analysis
Buyer: ZenFi Networks
Acquisition: Cross River Fiber
Private Equity: Ridgemont Equity Partners
Details: The two companies merged to create a “leading communications infrastructure provider” that offers fiber and colocation services in the New York and New Jersey metro area.
ChannelE2E Analysis
Buyer: Zumasys
Acquisition: TCS Network Consulting
Details: Zumasys gained more managed IT and cloud services, and gained a larger Orange County, California footprint.
ChannelE2E Analysis
Here endeth the list. Send merger and acquisition news or corrections to ChannelE2E Content Czar Joe Panettieri ([email protected]).