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 Channel Futures


Tim Pabich

Tim Pabich, Founder And CEO, Magnitech

  • Written by Allison Francis
  • April 25, 2022

What was/is your general reaction to and thoughts about the announcement?

 

Nothing really surprises me anymore with M&A. Once the founder sells the company for the first time, it’s [only] a matter of time before it’s sold again. What I thought was interesting was that a $2 billion company is acquiring the $6 billioncompany, and not the other way around. Maybe it’s because Kaseya is headquartered in Florida, like ConnectWise?

 

What do you predict the business impact will look like? The expansion?

 

I’m guessing it’s business as usual until both sides can gel and figure out the standard offering. There’s a lot of overlap in the tools and technology acquired. It’s clearly about the customers acquired and keeping them under contract.

 

What will this mean for partners? For the industry as a whole?

 

It will mean less choice with two major stacks (Kaseya and ConnectWise). Right now, we are mixed in both companies. The agony of change is real, and trying to change solutions to keep up with the consolidation is expensive and time-consuming. Kaseya and ConnectWise have had their differences which have been on display in the past, so it’ll be interesting to see how everyone plays out.

 

What will the new brand look like? Who and what will survive?

 

Not sure what they’ll call themselves, or what the org chart will look like, but I would expect some early retirements coming.

 

Tags:

Avatar

Allison Francis

Allison Francis is a writer, public relations and marketing communications professional with experience working with clients in industries such as business technology, telecommunications, health care, education, the trade show and meetings industry, travel/tourism, hospitality, consumer packaged goods and food/beverage. She specializes in working with B2B technology companies involved in hyperconverged infrastructure, managed IT services, business process outsourcing, cloud management and customer experience technologies. Allison holds a bachelor's degree in public relations and marketing from Drake University. An Iowa native, she resides in Denver, Colorado.

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