Mergers and AcquisitionsEnterprise MSP Acquisition: Converge Technology Solutions Buys PDS At Reasonable ValuationJoe PanettieriJanuary 11, 2022Converge Technology Solutions acquires enterprise MSP Paragon Development Systems (PDS) for 5.8X adjusted EBITDA. martinwolf provides buy-side M&A guidance.
Private equityPeak Technologies Acquires Supply Chain Integrator AvalonSharon FlorentineJanuary 11, 2022Peak Technologies, backed by private equity firm Sole Source Capital, gains digital supply chain, retail & mobile workforce expertise.
Private equityEnsono Acquires ExperSolve for Mainframe-to-Cloud Application MigrationsJoe PanettieriJanuary 11, 2022Ensono, a Top 250 Public Cloud MSP backed by KKR, acquires ExperSolve, a mainframe application migration & modernization company.
Mergers and AcquisitionsIBM Acquires Data Analytics, Sustainability Software Company EnviziJoe PanettieriJanuary 11, 2022IBM acquires data analytics & sustainability software company Envizi. May shed IBM Watson Health software business. CEO Arvind Krishna's M&A strategy.
Private equityMSP Dataprise Acquires Veeam Partner Global Data VaultJoe PanettieriJanuary 10, 2022Dataprise, an MSP backed by private equity firm Trinity Hunt Partners, acquires Veeam partner Global Data Vault for Backup & Disaster-Recovery-as-a-Service (DRaaS).
Mergers and AcquisitionsM&A Deal Creates $130 Million Annual Revenue Financial Services MSPJoe PanettieriJanuary 7, 2022Delta Capita, a division of Prytek, acquires JDX Consulting -- a managed IT services provider (MSP) that supports capital markets customers.
Mergers and AcquisitionsM&A List: 23 Financial Services MSP Mergers and AcquisitionsJoe PanettieriJanuary 7, 2022Mergers & acquisitions involving MSPs (managed IT services providers) for financial services, banks, hedge funds, private equity, credit unions & more.
