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October 1, 2024
Davenforth Acquires Third Generation
Austin-based Davenforth has acquired Pittsburgh-based Third Generation along with Dallas-based TeleCloud to form a new managed IT, voice, and networking platform to service 21,500 users across 900 businesses....
By Dealmakers Staff
August 8, 2024
Frontenac Buys Ideal Integrations
Pittsburgh-based Ideal Integrations, a managed services provider of IT and cybersecurity services, has been acquired by Chicago-based private equity firm Frontenac....
By SBN Staff
August 10, 2023
Platinum Equity Sells Stake In Vertiv
The 5.3% stake was sold August 9 at a price of $34.91 per share, yielding $698.2 million for Platinum Equity....
By Michael Marzec
June 2, 2020
Park Place Technologies Buys Missouri-Based Custom Hardware Engineering & Consulting
This is the second acquisition for Park Place Technologies in 2020 and its 14th since 2016. In January, Park Place acquired the network operations center of Cleveland-based IntelliNet....
By SBN Staff
November 26, 2019
Laura Pettit Rusick: Don’t Wait Until After The Deal To Address IT Due Diligence
Dealmakers who fail to incorporate IT due diligence into their M&A strategy are taking a big risk, says OPT Solutions Founder Laura Pettit Rusick....
By Mark Scott
November 11, 2019
Aplana offloads its software testing business to IBS
IBS, a Russia-based IT services company, is reportedly set to acquire the software testing business of Aplana group....
By Adam Burroughs
October 23, 2019
SmartSource Buys Global IT SOS
With the acquisition, SmartSource gains a proprietary network of more than 250 partners in 132 countries. Global IT SOS President Diego Soto will become SmartSource’s new president of international operations....
By Mark Scott
October 18, 2019
Buddy Flerl on today’s hectic and fatiguing deal market
Veteran dealmaker Buddy Flerl talks about what he’s seeing in the market and his approach to dealmaking....
By Jayne Gest
October 3, 2019
Huron Capital-Backed InterVision Makes Fifth Add-On Acquisition
Huron Capital partnered with Santa Clara, California-based InterVision in 2016 to pursue opportunities in the rapidly growing IT solutions industry....
By Mark Scott
October 1, 2019
Everstream to buy 200+ miles of fiber network from DataBank
Everstream has accelerated its planned entry into the Indianapolis market with its intent to purchase these fiber assets. When fully completed, the Everstream network will cover the Indianapolis metro area....
By Adam Burroughs
September 24, 2019
Netlink Buys Enterprise Touch
Netlink, a provider of information technology and business analytics solutions, has acquired Enterprise Touch, an enterprise mobility and digital transformation services provider based in Chennai, India....
By Mark Scott
September 9, 2019
RDX completes Navisite purchase
RDX, a Warrendale-based cloud, database and application managed service provider, has completed its acquisition of Navisite LLC from Charter Communications Inc. The Navisite acquisition increases the depth of RDX’s customer base, expands its global network of data centers and adds certified experts in cloud-based infrastructure and application managed services....
By Jayne Gest
September 5, 2019
Lightwell buys New York IT consultancy
Lightwell has acquired Leveraging Technology LLC, a Rochester-based IT consultancy. The transaction represents a significant opportunity to address the heightened demand for advanced integration and architecture expertise, while enabling the Dublin company to create greater strategic value for its customers....
By Jayne Gest
August 26, 2019
RDX to buy Navisite
Charter Communications Inc., which owns the Spectrum Enterprise brands, has agreed to divest Navisite LLC, a leading provider of managed cloud services, to RDX. RDX, which is part of the Chicago-based Madison Dearborn Partners investment portfolio and headquartered in Warrendale, Pennsylvania, will own and operate the assets including client relationships, employees dedicated to supporting the Navisite business, fixed assets, leases and Navisite-operated facilities....
By Jayne Gest
August 23, 2019
Park Place's Entuity Deal Marks Shifting Strategy
On his way to shifting Park Place Technologies' M&A strategy with a tricky deal to buy Britain's Entuity, Chris Adams takes a lesson from Microsoft’s Satya Nadella...
By Mark Scott
June 25, 2019
Anexinet bought by Mill Point Capital
Anexinet’s management team, including CEO Todd Pittman, will continue to lead the company....
By Adam Burroughs
April 12, 2019
Nuspire to merge with Denver-based GBprotect
Nuspire is acquiring Denver’s GBprotect in a move intended to help both managed security services companies better respond to today’s evolving threat landscape....
By Mark Scott
April 2, 2019
Park Place now largest TPM in Europe with MCSA buy
Park Place Technologies has acquired MCSA Group Limited, a UK-based business-critical IT services and solutions provider, snagging all of MCSA's business to become the largest third-party maintenance provider in Europe....
By Adam Burroughs
February 27, 2019
RDX acquires ClearDB in second February deal for cloud services firm
Managed database and cloud services provider RDX has acquired ClearDB as part of an aggressive strategic expansion of the RDX service portfolio....
By Adam Burroughs
December 13, 2018
Park Place continues to expand global position with CMG-Nicsa deal
Park Place Technologies is closing out 2018 with its fourth acquisition of the year by picking up CMG-Nicsa's Latin American operations....
By Adam Burroughs
June 1, 2018
Cleveland’s SoundCom Systems absorbed by AMETEK
SoundCom has been a value-added reseller for AMETEK Rauland's mission-critical health care communication workflow solutions in Ohio and Michigan....
By Adam Burroughs
December 8, 2017
Evolution sells firm to Align
Cleveland-based Evolution Capital Partners sold Indianapolis-based Lewellyn Technology LLC to fellow Clevelanders Align Capital Partners. Terms were not disclosed. Lewellyn, which provides electrical...
By Adam Burroughs
November 30, 2017
1 team, 6 deals, 12 months
An in-depth look at how Park Place Technologies' Chris Adams provided his M&A SWAT team with the tools it needed to complete six acquisitions in 12 months....
By Mark Scott
