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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: Fusion Connect
Acquisition: MegaPath
Details: The deal’s valuation was roughly 5 times pro forma adjusted EBITDA.
ChannelE2E Analysis

Buyer: FutureTech Holding
Acquisition: A2U
Details: Headquartered in Atlanta, Georgia, FutureTech Holding is an IT Services company with strategic holdings in the healthcare, financial, and technology sectors. A2U (short for Applications to You) is a healthcare-focused IT solutions provider, MSP and consultancy in Pittsburgh, Pennsylvania.
ChannelE2E Analysis 

Buyer: Gage
Acquisition: Gentech Power Solutions
Details: Telecommunication and IT services company Gage has acquired GenTech Power Solutions, a company that installs, maintains, and repairs standby generators for homes and businesses across southeast Louisiana.
ChannelE2E Analysis

Buyer: General Dynamics
Acquisition: CSRA
Details: General Dynamics acquired government IT contractor CSRA for $9.6 billion, making it the number two provider of federal IT services.
ChannelE2E Analysis 

Buyer: Getronics
Acquisition: Pomeroy
Details: Europe’s Getronics acquired Pomeroy from private equity firm Clearlake Capital Group. The combined company has $1.3 billion in annual revenues and 9,000 employees focused in such areas as digital workspaces, applications, vertical market solutions, multi-cloud management and unified communications, Getronics asserts.
ChannelE2E Analysis 

Buyer: Grain Management LLC
Acquisition: Great Plains Communications
Private Equity: Grain Management LLC
Details: Great Plains Communications, a family owned service provider for more than 100 years, was acquired by Grain Management LLC, a private equity firm focused on the communications sector.
ChannelE2E Analysis 

Buyer: Green House Data
Acquisition: Infront Consulting Group
Details: Cloud-centric MSP Green House Data is merged with Infront Consulting Group, a Microsoft Azure and applications partner.
ChannelE2E Analysis 

Buyer: GreenPages
Acquisition: Norwell Technology Group (NTG)
Details: GreenPages, a hybrid cloud services provider with an Atlanta footprint, acquired Massachusetts-based Norwell Technology Group (NTG), an IT and security advisory firm focused on digital transformation services.
ChannelE2E Analysis

Buyer: GTT Communications
Acquisition: Interoute
Details: GTT, a cloud networking provider to multinational clients, acquired European fiber network operator Interoute for US$2.3 billion in cash. The valuation is roughly 11 times EBITDA based on Interoute’s EBITDA of €165 million ($203.06 million) for the 12 months ending September 30, 2017, ChannelE2E calculates.
ChannelE2E Analysis 

Buyer: GTT Communications
Acquisition: Accelerated Connections (ACI)
Details: Global cloud networking provider GTT Communications has extended its footprint into Canada by acquiring Accelerated Connections (ACI).
ChannelE2E Analysis

Buyer: GTT Communications
Acquisition: Access Point
Details: GTT, a cloud networking provider acquired Access Point, a Cary, North Carolina-based communication services provider for US$40 million. Access Point brings with it a growing roster of strategic US enterprise clients which GTT says will deepen its presence in key verticals like retail, manufacturing, and energy, with significant upsell opportunities.
ChannelE2E Analysis 

Buyer: H.I.G. Capital
Acquisition: Eze Castle Integration (ECI)
Private Equity: H.I.G. Capital
Details: Private equity firm H.I.G. Capital has invested an undisclosed sum in Eze Castle Integration (ECI), the well-known managed service provider (MSP) for financial services customers.
ChannelE2E Analysis 

Buyer: HCL Technologies
Acquisition: H&D International Group
Details: HCL acquired German IT service provider and SAP partner H&D International Group. Financial terms were not revealed, but multiple reports suggest HCL paid US $34.7 million for the business.
ChannelE2E Analysis 

Buyer: Hilltop Consultants
Acquisition: LANsultants
Details: Hilltop Consultants, a Top 100 Vertical Market MSP in the legal services sector, acquired LANsultants — which also focuses on the legal vertical. The deal is part of Hilltop Consultants’ larger plan to build the country’s best legal MSP, according to President Jim Turner.
ChannelE2E Analysis

Buyer: Hilltop Consultants
Acquisition: SumaTech
Details: Hilltop Consultants acquires two legal market MSPs, SumaTech & Strategic Integration Partners, to push deeper into Washington, D.C. & Atlanta, Georgia.
ChannelE2E Analysis 

Buyer: Hilltop Consultants
Acquisition: Strategic Integration Partners
Details: Hilltop Consultants acquires two legal market MSPs, SumaTech & Strategic Integration Partners, to push deeper into Washington, D.C. & Atlanta, Georgia.
ChannelE2E Analysis 

Buyer: Hinduja Global Solutions UK (HGS)
Acquisition: Element Solutions
Details: HGS, through a subsidiary, acquired a controlling stake in Element Solutions, a digital consulting firm and cloud managed services company that works closely with Oracle, Amazon Web Services, Microsoft and Salesforce. HGS paid US$5 million for a 57 percent equity stake in the company.
ChannelE2E Analysis 

Buyer: Hitachi Vantara
Acquisition: REAN Cloud LLC
Details: Hitachi Vantara, a wholly owned subsidiary of Hitachi Ltd,, has acquired REAN Cloud LLC, a global cloud systems integrator, managed services provider (MSP), and solutions developer of cloud-native applications. The buyout target’s areas of expertise include big data, machine learning and emerging internet of things (IoT) spaces.
ChannelE2E Analysis

Buyer: HP Inc.
Acquisition: Apogee
Details: HP Inc. acquired European office equipment dealer (OED) Apogee for £380M — or roughly US$500 million. The deal positions HP to push deeper into SMB and midmarket managed print services. But it also raises questions about potential channel conflicts between Apogee and other HP partners.
ChannelE2E Analysis 

Buyer: Huntington Ingalls Industries Inc.
Acquisition: G2 Inc.
Details: G2 Inc. is a cybersecurity consulting firm focused on the government vertical.
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.