Ingram Micro, under Platinum Equity’s ownership, has more financial freedom & business flexibility to acquire IT businesses worldwide, ChannelE2E believes.
Private equity firm Clearlake Capital acquires Quest Software from Francisco Partners. IT management & security software business valuation: $5.4B, 10.9X EBITDA, report indicated.
Magna5, an MSP backed by private equity firm NewSpring Holdings, sells telecom business to ITL. Magna5, now focused exclusively on managed services, seeks acquisitions.