Small businessValeo Networks Acquires On Time TechSharon FlorentineNovember 9, 2021Valeo Networks' acquisition of On Time Tech furthers the company's strategy of building a national network of IT and cybersecurity experts.
Mergers and AcquisitionsMicrosoft Gold Partner Enavate Acquires Dynamics SMB Business Unit From ColumbusSharon FlorentineNovember 3, 2021Merger & acquisition (M&A) activity involving Microsoft Dynamics CRM & ERP partners remains strong. The latest buyer, Enavate, offers secure backup services.
Mergers and AcquisitionsFraser Advanced Information Systems Acquires AAxios TechnologiesSharon FlorentineOctober 26, 2021Fraser Advanced Information Systems acquires AAxios Technologies, an MSP in the Philadelphia area that offers cloud & cybersecurity services.
Mergers and AcquisitionsNST Acquires IT Solutions Provider Ash Creek EnterprisesSharon FlorentineOctober 21, 2021Network Solutions & Technology (NST) acquisitions expand MSP from New York into New Jersey, Tennessee and now Connecticut.
Venture capitalMSPs and Venture Capital: Electric Raises $90M to Automate SMB IT SupportJoe PanettieriOctober 19, 2021Electric, a New York-based MSP that develops automation software, raises $90M in Series D funding. The goals: Simplify SMB SaaS management & more.
Small businessResearch Finds SMBs Investing Heavily in CybersecuritySharon FlorentineOctober 8, 2021Even with limited budgets and hybrid work challenges, Untangle research finds SMBs taking greater action to protect their businesses.
Private equityJungle Disk Acquires Three Backup, Data Protection BusinessesJoe PanettieriSeptember 22, 2021SMB cybersecurity software company Jungle Disk, backed by private equity, acquires KeepItSafe, LiveVault & OffsiteDataSync from J2 Global.