Mergers and Acquisitions

EQT Infrastructure acquires Lumos Networks for roughly $950 million, or slightly more than 10 times Lumos's annual adjusted EBITDA expectations. Here's why.

Blackstone acquires Cloudreach, a $60 million MSP & IT consulting firm that supports Amazon Web Services (AWS), Microsoft Azure & Salesforce clouds.

Melbourne IT, a major Outware Systems shareholder since June 2015, now acquires the entire mobile app development company for 4.7 times EBITDA.

ALSO Holding AG acquires Internet Smartsec, a value-added distributor (VAD) of security and network products. It follows ALSO's buyout of BeIP.

Inabox Group acquireds Hostworks, a managed cloud services provider (CSP) with a single pane of glass for Microsoft Azure, Amazon AWS, Google & IBM Cloud.

Accenture acquires VeriSign's iDefense Security Intelligence Services business, which delivers faster access to actionable cybersecurity information.

Data Storage Corp. acquires ABC Services & more. The deal creates an MSP, CSP & IT consulting firm closely aligned with IBM & Microsoft Office 365.