Foresight Group, a private equity firm, has invested £3m (roughly US$4.175 million) into Luminet, a managed IT services provider, wireless telecoms specialist and Cisco Systems partner in London.
Cloud and colocation data center provider Aligned Energy attracts strategic investment from Macquarie Infrastructure Partners (MIP). Among the goals: Attract more MSPs into the data centers.
Most times you can't see a market bubble forming. But you can sometimes hear it forming -- if you take the time to listen closely. The more I hear, the more I suspect we're nearing an MSP valuation bubble. Here's why.
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.
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.
In their bid to acquire managed services providers (MSPs), private equity firms need to spend an allotted amount of money within a fixed window. That triggers these challenges.
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