Evolve IP, a managed service provider in Wayne, Pa., just made my “watch” list. Evolve says it has lined up more than 100 new customers since launching its managed technology services operations roughly 180 days ago. Read More >
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Evolve IP: 100 Managed Customers In 180 Days
Posted September 26th, 2008 by Joe Panettieri
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:
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