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New Deal


Announced

ConnectWise to acquire Continuum and ITBoost.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Software

Acquisition

Single Bidder

United States

Pending

Friendly

software development

Majority

Synopsis

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ConnectWise, a provider of business automation software for technology solution providers, agreed to acquire Continuum and ITBoost, two US-based software providers. Financial terms were not disclosed. “Over the last 15 years ConnectWise has become the leading provider of technology solutions and services to MSPs. Now, by executing on these deals, we will be able to expand our scope and capabilities to assist the broader community of TSPs in all facets of their business. This is a revolutionary play, making ConnectWise the epicenter for everything from business management and documentation to service delivery and operations management, while also making it much easier and more efficient for partners to work with the technology suppliers they have in their stacks,” Jason Magee, CEO, ConnectWise.

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