Managed Services, Cloud At Root Of December M&A Deals
Submitted by Michael Novinson and Jimmy Sheridan on
11. ePlus
Entity Acquired: Consolidated IT Services
Head count: 55 employees
Annual revenue: $55 million
Purchase price: Not disclosed
Date of announcement: Dec. 6
Solution provider ePlus Technology acquired the IT services equipment and integration business of Consolidated Communications Holdings to expand its geographic reach in the Upper Midwest.
Consolidated IT Services, based in Minneapolis, is a Cisco Gold partner and the acquisition helps fellow Cisco partner ePlus of Herndon, Va., No. 34 on the 2016 CRN Solution Provider 500, grow its practice around that vendor's products.
Consolidated IT Services is a part of Mattoon, Ill.-based Consolidated Communications, No. 44 on the 2016 CRN Solution Provider 500. The company has Cisco Master Cloud Builder, Master Managed Services and Advanced Data Center certifications.
