Mergers and Acquisitions

GTT acquired Telnes for $18 million -- or less than 5X adjusted EBITDA. Telnes channel partners & agents gain global managed & cloud services.

Avalon and Digits are merging to create a 120-person MSP focused on eDiscovery, managed services for law firms, digital forensics and cyber security.

Aldridge expands from Texas to Pacific Northwest. Arterian's Jamison West leads cloud effort. PacketDrivers' Scott Hamlin drives Seattle-area IT services.

TUC Managed IT Solutions and CareWorx are merging to pursue multiple IT services markets -- including senior care within the healthcare vertical.

Several managed services providers (MSPs) will be acquired this week, ChannelE2E has confirmed. Stay tuned to this blog for M&A details, links and insights.

Small business valuations continued to rise in 2015, while merger and acquisition (M&A) activity remained strong. BizBuySell shares the data.

Cisco's $1.4 billion buyout of Jasper Technologies could spark new managed services, applications and recurring revenues for the Internet of Things (IoT).

Synoptek, backed by a key private equity firm, buys EarthLink's IT services business for $29 million. Why more private equity dollars will hook MSPs.