AccountabilIT, a managed services firm with a focus on cybersecurity, has purchased ClearPointe Technologies.
Little Rock, Arkansas-based ClearPointe is a managed services provider specialising in cloud-based transformations, migrations and managed services. Founded in 2000, the company offers managed services for data center environments around the world, and currently manages servers, applications, and connectivity in both public and private clouds, hybrid clouds as well as on-premises data centers.
“There are tremendous synergies by combining our two organizations,” said Jeff Johnson, CEO and founder of ClearPointe. “ClearPointe is a leader in Microsoft centric services including Azure-based solutions and Azure management. AccountabilIT’s competencies in application management, database administration, Linux administration and managed security are the perfect complement to our services.”
Based in Scottsdale, Arizona, AccountabilIT provides application management, database administration, cloud transformation and cloud managed services. Its security services helps customers assess their environment for risks to identify action plans, which reduces their exposure to security compromises.
“This acquisition is critical in providing AccountabilIT with additional scale and experience needed to maintain our position in the industry,” added Chuck Vermillion, AccountabilIT’s CEO and founder. “We are thrilled to add ClearPointe’s leadership to our organization. Our strategy will continue to be the same; care about our customer’s success as much as we care about our own company. We will lead this market, one customer at a time.”
WestView Capital Partners, a Boston based private equity firm, has provided financing for the deal. The firm, which manages approximately $1.7bn in capital across four funds, partners with existing management teams to sponsor minority and majority recapitalizations, growth, and consolidation transactions. It focuses on industries such as business services, software and IT services, consumer, healthcare technology and outsourcing and growth industrial.
Copyright © 2018 RegTech Analyst
Copyright © 2018 RegTech Analyst
