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.