Start-up Company Plans to Acquire Managed Service Providers and VARs
This just in: A start-up company, currently working in stealth mode, intends to acquire multiple VARs, integrators and managed service providers. Total combined revenues for the acquired companies will be about $100 million to $120 million.
This just in: A start-up company, currently working in stealth mode, intends to acquire multiple VARs, integrators and managed service providers. Total combined revenues for the acquired companies will be about $100 million to $120 million.
Alas, our resident blogger can’t share more details until August 25. But he can say this: The start-up sounds well-funded and has a seasoned management team that has previously built at least one major software company. Complete details on August 25. Until then, mum’s the word.
Well? It’s Monday the 25th. Make with the details, tough guy.
@TeddyP: Glad to see you’re tracking The VAR Guy closely and keeping him honest. Our resident blogger will pull back the curtain with details about this start-up company within a couple of hours. Assuming he pumps some coffee into his system first.
Can’t wait to see what you say! – Now, lets be realistict here! the company is probably Sparxent and it is not realy a secret – there goal is to hammer the midmarket and they are not looking to build a channel – just consume up anyone that may compete and squeeze the rest out!
So, The VAR Guy assumes you’re not on Sparxent’s shortlist of acquisition targets?