Mergers and AcquisitionsCitiusTech Expands Salesforce Reach With Wilco Source AcquisitionSharon FlorentineNovember 11, 2022Healthcare IT consulting firm gains Salesforce implementation and integration capabilities with Wilco Source buy.
Venture capitalMSP Automation Software Startup Funding: Rewst Raises $21.5M for RPAJoe PanettieriNovember 9, 2022While Automation Anywhere & UiPath promote robotic process automation (RPA) to enterprise customers, VC firm OpenView funds Rewst for MSPs.
ContentThread, Formerly Chatgenie, Seeks to Revolutionize MSP Customer Support ExperiencesJoe PanettieriNovember 9, 2022Integr8d Capital, David Bellini, Adam Slutskin & multiple MSPs invest in Service Collaboration Platform provider Thread (formerly ChatGenie).
Mergers and AcquisitionsMSP M&A: Xobee Acquires Interconnect NetworksNovember 9, 2022Xobee Networks expands managed IT services provider (MSP) reach into Palm Springs, California.
ContentZendesk Layoffs 2022: Staff Cuts Will Impact Nearly 5% of EmployeesJoe PanettieriNovember 8, 2022Zendesk layoffs planned amid pending sale to private equity firms. Cloud-based customer support & IT service management (ITSM) software provider trimming 5% of workforce.
Mergers and AcquisitionsOSF Digital Acquires Salesforce Cloud Consulting Partner OegenSharon FlorentineNovember 8, 2022OSF Digital now employs more than 1,000 Salesforce cloud consulting experts amid continued United Kingdom expansion.
Private equityPrivate Equity Firm Bowmark Capital Backs IT Services Provider XperienceNovember 8, 2022Private equity firm Bowmark Capital is making an investment in Xperience, a provider of IT services specializing in digital transformation.
Mergers and AcquisitionsTelecom, VoIP and MSP M&A: ALLO Communications Acquires AvidSharon FlorentineNovember 7, 2022Nebraska telecom and network service provider gains cloud-based VoIP, cybersecurity and managed WiFi services.