Private equityMSP Raises $100 Million; Pursues Acquisitions and IPOJoe PanettieriAugust 22, 2021Private equity firm Affirma Capital invests $100 million in MTP, a cloud MSP & Microsoft partner of the year that plans acquisitions & IPO.
MSPODP’s CompuCom: Slow MSP Revenue Growth Amid Potential SaleJoe PanettieriAugust 4, 2021CompuCom, the MSP owned by Office Depot parent ODP, is growing slowly as ODP seeks potential buyers for the IT services business.
Private equityNexon Acquires ServiceNow ITSM Partner CSAJoe PanettieriJuly 14, 2021Nexon Asia Pacific, backed by private equity firm EQT, acquires ServiceNow ITSM consulting partner Computer Systems Australia (CSA).
Private equityWipro Sells Ensono Cloud MSP Stake to KKRJoe PanettieriMay 31, 2021Wipro sells its minority stake in Ensono, a Top 250 Public Cloud MSP, to KKR. Ensono continues cloud, MSP & mainframe modernization services.
EnterpriseMSPs Ride ServiceNow Into Co-Managed ServicesJoe PanettieriMarch 18, 2021ServiceNow emerges as common IT service management (ITSM) software bridge between MSPs & IT departments. Co-managed services accelerate. Here's why.
Governance, Risk and CompliancePrivate Equity Firm THL Acquires AbacusNextMarch 15, 2021Private equity firm Thomas H. Lee Partners has acquired AbacusNext, a CSP that supports small and midsize legal and accounting firms.
Private equityMSP Acquisition: Thrive Buys Managed IT Services Provider Howard Tech AdvisorsJoe PanettieriMarch 9, 2021Thrive, backed by private equity firm Court Square, acquires MSP Howard Tech Advisors. Thrive's ServiceNow-related automation efforts also accelerate.