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DataPipe: Goldman Sachs Pumps $75 million Into MSP

Joe Panettieri

July 10, 2008

1 Min Read
DataPipe: Goldman Sachs Pumps $75 million Into MSP

DataPipe, a managed service provider in Jersey City, N.J., has received $75 million in credit and equity financing from Goldman Sachs. The company plans to use the money to expand its data facilities and enhance service offerings.

DataPipe is a bit more sophisticated than your typical neighborhood MSP. The company partners with Cisco, Microsoft, Red Hat, Sun and VMware — and dozens of other companies — and has global reach.

Goldman’s investment in DataPipe signals the continued flow of money into the managed services market.  Our MSPmentor M&A Tracker has spotted nearly 20 MSP-related mergers, acquisitions and investments so far this year.

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About the Author(s)

Joe Panettieri

Former Editorial Director, Nine Lives Media, a division of Penton Media

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