AcctTwo acquires Leap the Pond, uniting two Sage Intacct partners that offer managed accounting services, accounting software, and custom-developed applications.
The New Year starts with fresh warnings about the private equity and venture capital markets, particularly as they pertain to technology and managed service provider (MSP) investments in 2019.
NEC acquires IT service provider KMD for $1.2 billion, gains major public safety, digital transformation and government software expertise in Europe. The valuation: About 10X EBITDA for 2017.
Windstream sells EarthLink consumer Internet business to private equity firm Trive Capital. Windstream strives to avoid bond defaults while emphasizing SD-WAN, midmarket MSP & unified communications services.