Mergers and Acquisitions

Deloitte acquires Keytree. Gains SAP cloud, data analytics and managed services expertise along with expanded United Kingdom (UK) footprint.

Valeo acquires Network Management Services (NMS). Valeo has been buying managed IT services providers (MSPs) to scale nationwide.

Private equity firm Oak Hill Capital acquires telecom and fiber optic network service provider Otelco.

Three MSPs -- DoubleEdge Professional Services, Foehn and Metaphor IT -- merge in $39 million deal to form new cloud-centric MSP named Kerv.

Beetoobi IT Solutions acquires Meadows Computer Repair to expand IT services across the southern Virginia region and add new talent.

Xact Data Discovery (XDD) acquires eDiscovery peer RVM Enterprises; expands business operations in the New York area. eDiscovery M&A deals remain steady.

Panoply acquires Arthurly, an IT consulting firm for AWS, Google Cloud Platform & Microsoft Azure. Buyer reveals valuation of earlier Ameo acquisition.