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Three More MSPs Acquired; Private Equity Investors Move In
Posted June 6th, 2008 by Joe Panettieri
Managed service providers remain in a buying mood, and continue to gobble each other up. And now, private equity investors are joining the action. The latest three examples: Key Methods purchased Enterprise Systems Inc.; Evolve IP acquired Lyrio IP Technology Solutions; and Wachovia Capital Partners has snapped up HostMySite in a private equity deal.
The HostMySite deal is particularly interesting, since Wachovia Capital Partners’ parent is in financial turmoil at the moment. You can follow these and other deals by reading our MSPmentor M&A Tracker, which has spotted more than a dozen managed services-related acquisitions this year.
Here’s a bit more on each of the three latest deals:
Where Are The Managed Services IPOs?
Posted April 8th, 2008 by Joe Panettieri
If the managed service market is so darn hot, when can we expect MSP platform providers to begin launching initial public offerings?
I raised that question during an interview with Nimsoft CEO Gary Read on Monday (April 7). While Read can’t speak directly for other MSP platform providers, he certainly has some strong opinions about Nimsoft’s potential path to an IPO. Here’s a sampling of his thoughts. Read More >
