Mergers and AcquisitionsManaged Print Acquisition: Fraser Advanced Information Systems Buys DocuSenseTy TrumbullFebruary 12, 2020Fraser Advanced Information Systems acquires DocuSense. Deal unites managed print services (MPS) & office equipment specialists. Zygoquest advises on the deal.
Private equityPrivate Equity-Backed Flex Technology Group Acquires Ultrex Business SolutionsTy TrumbullFebruary 12, 2020Flex Technology Group, backed by private equity firm Oval Partners, acquires managed print IT services provider & MSP Ultrex Business Solutions.
Private equityPrivate Equity Firm Acquires MSP: Siris Capital Buys TPx, Seeks CEOJoe PanettieriFebruary 12, 2020Private equity firm Siris Capital Group acquires MSP TPx Communications. CEO, CFO & channel chief exit. New TPx executives vow channel partner support.
Security Staff Acquisition & DevelopmentNew Infrascale CEO, CXOs Face Crowded Data Protection Software MarketJoe PanettieriFebruary 12, 2020Infrascale names new CEO & overhauls C-Suite. Private equity firms mull acquisitions & exits in crowded data protection, backup & disaster recovery (BDR) markets.
Mergers and Acquisitions10Pearls Acquires Salesforce Consulting Partner Zen CloudJoe PanettieriFebruary 10, 2020Digital consulting firm 10Pearls acquires Salesforce partner Zen Cloud Technologies. M&A activity among Salesforce consulting partners remains extremely strong.
Mergers and AcquisitionsInfosys Acquires Salesforce Cloud Consulting Partner SimplusJoe PanettieriFebruary 10, 2020Infosys acquires Simplus. India-based IT consulting giant gains major Salesforce cloud consulting partner with United States and Australia reach.
Mergers and AcquisitionsConverge Technology Acquires PCD for Hybrid IT Consulting ServicesJoe PanettieriFebruary 10, 2020Converge Technology Solutions acquires PCD , a hybrid IT consulting firm, for a valuation of 4.6 times to 5.5 time EBITDA, based on multiple variables.
IT distributionInflow Technologies Abandons Distributor Sale to Tech DataJoe PanettieriFebruary 10, 2020Inflow Technologies abandons company sale to Tech Data. Is Inflow seeking alternative buyer for its technology distribution business?
