Venture capitalSalesforce Cloud Backup Provider OwnBackup: Newly Minted UnicornJoe PanettieriJanuary 29, 2021Most SaaS backup providers focus mainly on Microsoft 365 & Google Workspace (formerly G Suite). OwnBackup, led by Sam Gutmann, bet the business on Salesforce data protection.
Mergers and Acquisitionsi3 Business Solutions Acquires IBM System Reseller Computer Alliance IncTy TrumbullJanuary 28, 2021i3 Business Solutions' acquisition of Computer Alliance will allow the company to bolster its presence and customer base in Eastern Michigan.
Private equityCourt Square Recapitalizes Thrive MSP for ServiceNow, Automation and AI PushJoe PanettieriJanuary 28, 2021Private equity firm Court Square Capital Partners recapitalizes Thrive to accelerate MSP's ServiceNow, automation, AI & cybersecurity push. Thrive seeks more MSP acquisitions. M/C Partners & Thrive execs remain investors.
Mergers and AcquisitionsMSP Acquisition: Logically Buys Network Support Co.Ty TrumbullJanuary 27, 2021Logically makes its seventh MSP acquisition, of NSC; buyer seeks to be one of the top 10 managed service providers in the United States.
Channel investorsSAP Acquiring BPM Software Company SignavioJoe PanettieriJanuary 27, 2021SAP acquires business process management (BPM) software company Signavio for process governance and collaboration solutions, SAP confirms.
Private equityPrivate Equity Acquires, Merges 3 ServiceNow ITSM PartnersJoe PanettieriJanuary 26, 2021Private equity firm Sunstone Partners acquires & merges three ServiceNow ITSM partners: Evergreen Systems, Cerna Solutions & Novo/Scale.
Mergers and AcquisitionsCommunication Technology Services Acquires ClearSky TechnologiesTy TrumbullJanuary 26, 2021The acquisition of ClearSky bolsters CTS’s network solutions capabilities which will help speed deployment of private LTE and 5G networks.
