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MSP & MSSP Industry Notes for January 11th, 2020


MSP & MSSP Industry Notes

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CoNetrix Selected as Best IT/ Technology Services Company in Lubbock [2020]

  • KCBD News Channels “Best of the West” competition awards CoNextrix Technology for Best IT/Technology Company in Lubbock, Texas (USA)
  • Public casts their votes to select the best businesses in Lubbock
  • CoNextrix provides managed IT services, network support and network security services to businesses in Texas and New Mexico

Lane Technology Solutions Unveils New Name and Website

  • Lane Technology Solutions located in Orlando, Florida (USA)
  • Lane provide managed IT services to businesses in Orlando, Daytona Beach, Tampa and Miami
  • Announces name change, formerly ASysTech, Inc, along with the launch of their redesigned website

M/C Partners Establishes Midwest-based IT Managed Services Platform

  • M/C Partners, located in Boston, Mass (USA) and is a Communications and IT Services focused private equity firm
  • Acquires the Managed Services division of West Monroe Partners, which provides national business and technology consultancy
  • Deal closed on December 30th, 2019
  • West Monroe Managed Services is based in Chicago and is an IT managed service provider for small to medium-sized businesses across the Midwest

Insight Partners spends $5bn on the acquisition of Veeam Software

  • Insight Partners which is a software investment firm enters into an agreement to acquire Veeam Software
  • Veeam Software is a cloud data management firm
  • Veeam will not become a U.S. company with a U.S> based leadership team
  • Transaction valued at $5 billion
  • Veeam has offices in 30 countries and client in more than 160 countries

Calligo acquires Dublin-based DC Networks Ltd

  • Last three years Calligo completed six acquisitions in Canada, Guernsey, Luxembourg and Dublin
  • Calligo provides services for public & hybrid cloud, IT managed services and data analytics and artificial intelligence services
  • Calligo is headquarter in Jersey
  • DC Networks based in Dublin, Ireland and provides managed IT services


Powernet bolsters security standing with Paisley acquisition

  • Paisley Australia based Brisbane, Australia and provides managed IT services, an Avast reseller along with IT security services
  • Powernet based in Melbourne, Australia and is managed serviced provider
  • Powernet provides services for Melbourne, Brisbane, Sydney, Brisbane and Auckland areas
  • Acquisition effective January 8th, 2020 reported on ARN

Clearsight Advises West Monroe Partners on the Sale of its Managed Services Division to M/C ...

  • Clearsight served as advisor to West Monroe Partners for the sale of its managed IT services division to M/C Partners
  • West Monroe Partners made the decision to sell the Managed Services division in order to scale into a standalone, full-service IT managed services company to better serve clients and employees

iCoreConnect Inc. Acquires TrinIT Solutions

  • iCoreConnect publicly-traded cloud-based software and technology firm
  • iCoreConnect provides healthcare practice management software along with secure communication and IT services
  • TrinIT Solutions based in North Carolina, provides IT services for corporate and healthcare companies

CCR Launches ConstructEdge Brand to Support Digital Transformation in Construction

  • ConstructionEdge located is a subsidiary of Circle Computer Resources, located in Cedar Rapids, Iowa
  • Circle Computer Resources founded in 1986 and provides managed IT solutions
  • CCR launches new brand ConstructionEdge
  • ConstructionEdge to serve construction industry with connectivity services in the field

GlobeX Data Signs New Reseller in Canada - Partners with Darn IT Group to Provide all GlobeX's ...

  • GlobeX Data Ltd is a cybersecurity and internet privacy provider of Swiss hosted solutions for secure data management and secure communications
  • GlobeX founder in 2007 and based in Geneva, Switzerland
  • Darn IT headquarters in Toronto, Canada and provides cybersecurity, data security along with business technology solution
  • GlobeX announces signing of reseller license to Darn IT Group Inc.
  • Darn IT to provide all of GlobeX services

Astute Business Solutions Launches Zero Cost PeopleSoft Migration to Oracle Cloud

  • Astute Business Solutions located in Pleasanton, California with additional offices in Toronto, Canada, Plano, Texas and Hyderabad, India
  • Astute is an Oracle Cloud MSP Partner, works with clients in healthcare, education, non-profit, professional services, government, financial services, retail, energy and manufacturing
  • Launches Zero Cost PeopleSoft Migration to Cloud with Managed Services
  • Migrate to Oracle Cloud for free
  • No pressure engagement
  • Complementary cloud strategy session
  • Selective Adoption as a Service (SAaaS) Managed Services

DataBank Announces $185 Million Equity Investment from Colony Capital

  • DataBank located in Dallas, Texas (USA) and provides data center, connectivity and managed services
  • Colony Capital invests $185 million through the purchase of secondary equity interests from existing investors of Edgewater Funds and Allstate
  • “We are truly appreciative of the support we have received from Edgewater over these last four years,” stated Raul K. Martynek, CEO of DataBank
  • Colony Capital, Inc. is a global investment management firm with assets under management of $49 billion, which includes approximately $14 billion of assets under management from Digital Bridge

LBMC Technology Solutions Merges with Charlotte-based InterDyn Artis

  • LBMC Technology Solutions based Brentwood, Tennessee, founded in 1996 and initially founded as a traditional accounting firm in 1984
  • LBMC provides technology consulting
  • InterDyn founded in 1989 and is a provide for Microsoft Dynamic ERP and CRM solutions
  • “Merging with LBMC Technology Solutions was clearly the natural next step for InterDyn Artis,” said Gary Artis, co-founder of InterDyn Artis
  • Merger will increase staff to more than 100 employees and will include an office in Charlotte, North Carolina (USA)

Dataprise, a Nationally Recognized IT Managed Services Provider, Announces Partnership with ...

  • Dataprise located in Rockville, Maryland (USA) and provides managed IT services, cloud services, help desk support, information security solutions, along with IT consulting, established in 1996
  • Trintity Hunt Partners is a middle market private equity firm
  • Dataprise receives a majority investment from Trinity Hunt
  • Dataprise has more than 1,000 clients throughout the USA
  • "We are incredibly excited about this partnership with Trinity Hunt," said David Eisner, Dataprise Founder and CEO
  • "Dataprise's commitment to service quality and technology thought leadership are true differentiators," said Blake Apel, Partner at Trinity Hunt



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