Managed Services, Cloud At Root Of December M&A Deals

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12. Contegix

Company acquired: Admo.net

Head count: 11-50 employees

Annual revenue: Not disclosed 

Purchase price: Not disclosed

Date of announcement: Dec. 13

Contegix acquired hosting services provider Admo.net Web Services to increase its customer base, data center resources, cloud computing and hosting capabilities. 

The acquisition was funded by private equity firm Strattam Capital and will expand the reach of St. Louis-based Contegix into the market around Admo’s Kansas City, Mo., headquarters. It will also add 60 more customers to Contegix’s 700-strong client base.

This deal was unveiled only weeks after Contegix added its first-ever managed services offering through a merger with MSP Distributed Systems Services, scooping up the Reading, Pa.-based MSP with funding from Strattam, which bought a controlling share of Contegix in early November.

Strattam Capital appointed former DigitalGlobe senior vice president David Turner as the company’s new CEO and appointed founder and former CEO Matthew Porter to the role of vice chairman in November.