Mergers and AcquisitionsBluebird Network Acquires New ColoHub Data Center From Geneseo CommunicationsTy TrumbullJanuary 7, 2021BlueBird Network acquires ColoHub data center to strengthen BlueBird’s position in the midwestern region of the United States.
Private equityCloud MSP Navisite Acquires AWS Partner Velocity Technology SolutionsTy TrumbullJanuary 6, 2021Navisite acquires Velocity Technology Solutions for Amazon Web Services (AWS) cloud, Oracle, SAP & ERP applications expertise.
Venture capitalPax8 Raises $96 Million to Expand Cloud Marketplace Technology Platform for MSPs, IT ProfessionalsJoe PanettieriJanuary 6, 2021MSP cloud marketplace provider Pax8 raises $96 million from Catalyst Investors, Sageview Capital, Blue Cloud Ventures & Liberty Global Ventures.
Private equityMSP Bidding War: Alaska Communications Secret Buyer RevealedJoe PanettieriJanuary 5, 2021Alaska Communications, a major MSP, telecom service provider & Microsoft Azure cloud partner, gets acquired for $332M or 5.3X annual EBITDA.
Private equityCDI Acquires MSP, Data Center IT Solutions Provider High AvailabilityJoe PanettieriJanuary 5, 2021Computer Design & Integration (CDI), backed by private equity firm One Equity Partners, acquires High Availability (H.A.), an MSP, IT solution provider & integrator.
Mergers and AcquisitionsConverge Technology Solutions Acquires Vicom for $25MJoe PanettieriJanuary 5, 2021Converge Technology Solutions Corp. acquires Vicom Computer Services for $25 million or roughly 4.85 times adjusted LTM EBITDA.
Private equityBCM Acquiring SkySwitch for Expanded UCaaS ServicesTy TrumbullJanuary 5, 2021BCM One's SkySwitch buy allows BCM One to expand its UCaaS offerings and grow its channel audience and geographic reach.
