Private equityCenterbridge Acquires $1.3B AHEAD Enterprise Cloud MSPJoe PanettieriSeptember 2, 2020Private equity firms Centerbridge Partners & Berkshire Partners acquire AHEAD, a $1.3B enterprise cloud MSP and digital transformation specialist.
Mergers and AcquisitionsFirstLight Acquires SolarWinds MSP Partner TruePath: Done DealTy TrumbullSeptember 2, 2020Fiber-optic network services provider FirstLight gains managed IT services capabilities; acquires SolarWinds MSP partner TruePath Technologies.
Private equityLogMeIn Buyout Completed; IT Management Provider Goes PrivateJoe PanettieriSeptember 2, 2020Private equity firms Francisco Partners & Evergreen Coast Capital complete LogMeIn acquisition. IT management software provider goes private facing business headwinds, intensified competition.
IT distributionTech Data Acquiring Innovix Distribution for Asia Pacific ExpansionJoe PanettieriSeptember 2, 2020Tech Data, backed by private equity firm Apollo Global Management, is acquiring Innovix Distribution for Asia Pacific expansion. Distribution market consolidation, evolution accelerates.
Private equityQuest Software Acquires Microsoft Office 365 Migration Specialist Binary TreeJoe PanettieriSeptember 2, 2020Quest Software, backed by private equity firms Francisco Partners & Elliott Management, acquires Microsoft Office 365 cloud migration specialist Binary Tree.
Private equityPrivate Equity Firm, Four MSPs Launch New Charter TechnologiesJoe PanettieriSeptember 1, 2020Four MSPs & private equity firm Oval Partners align to form New Charter Technologies. Why this isn't your typical Private Equity MSP rollup.
Mergers and AcquisitionsCognizant Acquires MSP, Microsoft Azure Cloud Partner 10th MagnitudeJoe PanettieriSeptember 1, 2020Cognizant acquires 10th Magnitude, a Microsoft Azure MSP Expert & Top 200 Public Cloud MSP that was backed by private equity firm Pamlico Capital.
Mergers and AcquisitionsOffice Equipment Acquisition: Loffler Buys Reardon Office EquipmentTy TrumbullAugust 31, 2020Loffler, a managed IT services provider (MSP), acquires Reardon's office equipment business for copiers and printers and more.
