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April 24, 2020
Saalex Information Technology (SaalexIT), a California-based MSSP, is expanding its service area through the acquisition of Arizona-based MSP Valeo Networks.
The acquisition will combine the two MSPs in SaalexIT’s Southwest region, including California, Arizona and New Mexico, among other states. Financial terms of the deal weren’t released.
The Valeo Networks brand will continue to operate as DBA SaalexIT and maintain its Arizona headquarters.
SaalexIT’s Travis Mack
SaalexIT is a division of Saalex. Travis Mack is Saalex’s president and CEO.
“Saalex has continuously been identifying MSSPs for acquisition to address future growth areas and a changing business environment,” he tells Channel Partners. “Valeo happen to fit our M&A profile, which made for an easy fit.”
Celebrating its 20th anniversary, SaalexIT is an experienced player in the managed services industry, Mack said.
The Valeo Networks acquisition will give SaalexIT a competitive advantage, he said.
“For one, they have strong automation tools, which are critical for scale and quality customer service, [and] cyber hygiene,” Mack said. “And two, they have solid engineering resources in the areas of cybersecurity and cloud computing – two areas of focus for us, which will enable new business service opportunities. Lastly, our footprint – or our customer coverage areas, now span from Santa Barbara to San Diego, and east to Arizona and New Mexico – a formidable MSSP footprint in the Southwest region.”
SaalexIT and Valeo Networks weren’t competitive rivals, he said.
“Through automation and new engineering resources, SaalexIT will have a very significant geographic service area in multiple new markets, and have the tools, people and processes to really ramp up our business regionally, which includes a nice customer base that the Valeo Networks team has from California to New Mexico,” Mack said.
Valeo Networks’ services include backup and disaster recovery, cloud solutions, network security, server virtualization, vendor management, network monitoring and more.
“We’re very excited to be a part of the Saalex IT team, and share our expertise in automation and engineering, to create a formidable regional MSP, and expand our customer and brand footprint,” said Matthew Hodson, Valeo Networks’ CEO. “We think that by combining our teams we can greatly enhance our ability to scale and grow into a top-tier MSP in the Southwest.”
Read more about:MSPs
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