Salesforce cloud backup specialist OwnBackup, led by former Intronis CEO Sam Gutmann, raises $15.5 million. Kaseya, Unitrends and Spanning investor Insight Venture Partners involved.
Friday's Exit Strategy -- a weekly column that highlights merger, acquisition, transition & exit advice for MSPs and IT service providers -- shares reader's favorite blogs so far.
KRR invests $172 million into Cherwell Software, the second KKR private equity round since last year, to boost the IT service management software battle vs. ServiceNow & BMC Software.
An MSP owner/founder nears retirement. A chief operating officer (COO) takes over day-to-day business management. The big discussion: Can the business fund the owner's retirement -- without selling the company to do so?
High-valuation MSPs -- that is, managed services providers acquired for the highest multiples and big premiums -- tend to have these five traits, ChannelE2E asserts.
Current market conditions suggest it is a seller’s market with frothy multiples. A comprehensive assessment of the acquisition “target” is a must. Here are 10 major mistakes to avoid.