Private equity firm M/C Partners acquires managed IT services provider (MSP) division from West Monroe Partners. Names Wayne Kiphart CEO of acquired MSP.
Private equity firm Abry Partners invests in Options Technology, a cloud MSP to financial services firms. Abry's MSP stakes also include NexusTek & Rackspace.
Private equity firm Frontenac acquires Prime Technology Group, a Salesforce cloud partner that offers outsourced application development, managed software solutions, and healthcare data integration expertise.
Broadcom sells Symantec's MSSP business (known as the Cyber Security Services division) to Accenture. Broadcom retains Symantec's enterprise security software.