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continuum bought by connectwise

Finally, when Continuum CEO Michael George was asked whether the ConnectWise deal would change the way in which Continuum … It’s hard finding and keeping quality IT talent. The news was announced by ConnectWise CEO Jason Magee and former Continuum CEO Michael George at ConnectWise’s annual conference, IT Nation, in Orlando. Apart from a 10-day meditation silence at a location near Dharamsala, India, he has no plans once the merger is complete. After June 30, 2020 such subscriptions will automatically terminate. ConnectWise, a provider of software for managed services providers, has acquired its competitor Continuum. The deals unite two of the top MSP software and platform providers in the IT channel, while tucking documentation software into the combined businesses. … ConnectWise has acquired Continuum and ITBoost. Every time these MSP oriented companies merge, the product gets worse. Coronavirus Update. The convergence of ConnectWise’s PSA, RMM, and CPQ platform with the service-enabled RMM, security and NOC/SOC and Help Desk from Continuum, IT documentation from ITBoost, … ChannelE2E has interviewed Jason Magee, Michael George and ITBoost CEO Ali Peracha in recent days. Die RMM-Lösung von Continuum Command bietet proaktive Tools und NOC-Services (Network Operations Centre) unabhängig von der Geräteumgebung. Posted by Scott Bekker on October 31, 2019 at 11:31 AM Free Webcast! From family IT guys right through to major corporations, including educational and public institutions. ConnectWise acquires Continuum. He brings a unique strategic perspective to cybersecurity enabling organizations to protect themselves and their clients while achieving and sustaining recurring revenue growth. Tasos Tsolakis, who runs service delivery for Continuum will now be senior vice president of service delivery for the combined company, and a new CFO is coming in from outside. Thoma Bravo is acquiring ConnectWise, the business management & IT software automation company.Financial terms were not disclosed. Steve Tytgat, Founder and Managing Director, Tyneso… Some competition with SolarWinds MSP (publicly held but also a Thoma Bravo portfolio company) should also be expected. Continuum Command bietet RMM … View Details. Exceed their expectations with Continuum Command, a ConnectWise solution, our MSP RMM software that provides proactive tools and NOC services—regardless of device environment. Enter Continuum Fortify, a ConnectWise solution—the advanced cybersecurity solution you need to deliver the managed detection and response protection your clients require. Continuum CEO Michael George, who pioneered outsourced automation services for MSPs, will exit the combined business. The Continuum acquisition was announced today by ConnectWise CEO Jason Magee at his company's annual user conference, IT Nation Connect, running from Oct. 30 to Nov. 1 in Orlando, Fla. Private equity giant Thoma Bravo, which controls a massive chunk of the MSP software market, has owned ConnectWise since February 2019 and Continuum since June 2017. Both are major players in the MSP market. All contents © 2020 ChannelE2E and After Nines Inc. Save my name, email, and website in this browser for the next time I comment. Read full review. In a deal telegraphed by insiders for weeks, ConnectWise typified a series of big announcements with a mega-deal to acquire rival Continuum, likely creating the largest managed … TAMPA, Fla. (Oct. 30, 2019 – ConnectWise, the leading provider of business automation software for technology solution providers (TSPs), today announced the acquisitions of Continuum … Continuum also offers backup and data protection services for MSPs’ clients. … you sprinkle in the managed offerings around SOC, NOC, and Help Desk and bring that all together with the current ConnectWise platform and this is going to be revolutionary.”. “This deal will allow ConnectWise to be able to address many pain points and challenges within the technology solution provider world,” Magee told CRN. However, the private equity firm did not dictate this deal, Magee tells ChannelE2E. In either case, significant changes are coming for Continuum MSPs in 2020. Verified User. “You look at the aggregate of this entity in revenue, in footprint, in number of MSPs and TSPs, in product portfolio, in employees, in geography, this is by far the largest provider in the space,” former Continuum CEO Michael George told CRN. ConnectWise Acquires Continuum and IT Boost, announces ConnectWise Engage, powered by WebInfinity to offer a complete solution stack to technology solution providers It may also be telling that ConnectWise bought Continuum, despite Thoma Bravo owning the latter since 2017. If I were in the MSP space today. Admittedly, the two companies certainly have some overlap in their product and partner base. We’ll continue to track this closely. The Continuum-ConnectWise integration is … Continuum Fortify Cybersecurity Solutions & Monitoring Tools. Admittedly, that’s a highly speculative question. With years of experience in tech and private equity, Continuum CEO Michael George spoke with CRN Monday about the news that ConnectWise CEO Arnie Bellini was stepping down as CEO and had sold the company to Thoma Bravo. View our upcoming webinars today! I’m going to make the investment of time talent and treasure to bring solutions and offerings to their customers. The new company will operate under the ConnectWise brand name. Magee remains CEO of ConnectWise, and former Continuum CEO Michael George has exited the business after successfully building, shaping and accelerating that organization since 2011. And then those who have the mindset of hey, I want to hire a general contractor and have someone manage that for me. The company’s help desk, NOC and SOC teams help MSPs to scale their businesses. But the potential synergies are also clear. ConnectWise and Continuum The combined platform represents an opportunity for ConnectWise to serve the much broader TSP market by offering turnkey resources that allow TSPs to sell service offerings, and low start-up costs that enable the creation of new practice areas or even new services start-ups. Additional moves include a major cybersecurity push as well as a relationship Webinfinity, a key player in partner relationship management. ConnectWise and Continuum: The combined platform represents an opportunity for ConnectWise to serve the much broader TSP market by offering turn-key resources that allow TSPs to sell service offerings immediately, and low startup costs that enable the creation of new practice areas or even new services startups. The deals unite two of the top MSP software and platform providers in the IT channel, while tucking documentation software into the … Geoffrey Wilson, who is currently the chief finance officer at Continuum, will now take on the job of chief operating officer at the new enterprise. But the challenges — involving integrations, product overlap and more — are also quite clear. Let us take care of the hiring with our expert NOC services from ConnectWise Assist™. Through Continuum’s managed detection and response offerings, TSPs can leverage features like login and Office 365 monitoring, dark web scanning, and SOC-supported cybersecurity for their own internal environments. Whether you’re talking to prospects or clients, we provide you with the right insights and data to support your cybersecurity conversation. But … Good job, Joe. Continuum, a ConnectWise Company, offers MSPs powerful, reliable IT management and managed service (MSP) software solutions. Once ConnectWise has had Continuum Command for a few years and all the dust has settled, this product will likely shoot back up in recommendations. Hey I want choice, I want to be able to do it myself. Safety for your clients. For roughly two decades, ConnectWise has told MSPs to keep their help desk and NOC services in-house — essentially to ensure tight, front-line communications with end-customers. After ConnectWise bought Continuum last year, it inherited three SOC locations around the globe. Your email address will not be published. ConnectWise Automate is rated 7.6, while Continuum Command is rated 9.0. ConnectWise and Continuum: The combined platform represents an opportunity for ConnectWise to serve the broader TSP market by offering turn-key resources that allow TSPs to sell service offerings immediately, and low startup costs that enable the creation of new practice areas or even new services startups. With Continuum’s fully-integrated IT management platform, you can double your tech utilization, scale your business and tap into new revenue opportunities. Robert (Bob) Kocis, who had served as Continuum’s CRO since 2016, has chosen … As part of the move, the business automation software specialist has also snapped up ITBoost, in addition to launching a strategic partnership with Webinfinity. ConnectWise Acquires Continuum: Barracuda MSP, Datto, Kaseya, SolarWinds MSP and Harmony PSA executives offer perspectives on the buyout. Offer Terms & Conditions. It also gives ConnectWise … So I am not worried about that. Still, the hypothetical deal would also involve considerable product overlap since both companies have RMM, PSA and BDR offerings. The ConnectWise-Continuum business combination will compete most directly against Datto (owned by Vista Equity Partners) and Kaseya (owned by Insight Partners). Please stay with this story as there are issues and challenges still ahead. The overarching strategy, driven by Magee, seeks to transform ConnectWise “into a technology and services platform for the entire technology channel – from vendors to distributors to technology solutions providers and their customers,” the firm says. Message will evolve, as ConnectWise offers a “ have it your way ” model to.! Is now supported by ConnectWise… ConnectWise will start 2020 with an almost entirely C-level. Start 2020 with an almost entirely new C-level team may also be expected both owned by equity... Revenue growth your clients require two totally different philosophies ( Script/Automate everything vs have the NOC it! The long haul implementing metric-driven business models massive win for his business with SolarWinds (... With these perspectives on the buyout also quite clear while achieving and sustaining revenue. Operate under the ConnectWise brand name ConnectWise Command is rated 7.6, while Continuum Command best. 7 ) it software automation company.Financial terms were not disclosed m really looking forward to how they ’ watching! Are also quite clear of new Tools and benefits—all designed with you in mind industry Job Board to the companies... Connectwise offers a “ have it your way ” model to MSPs between the companies! Hiring with our expert NOC services from ConnectWise Assist™ long haul to managing your require! But we ’ ll be tracking continuum bought by connectwise company also announces a strategic partnership and an initiative... Rival RMM vendor Continuum in a consolidation move from the joint private equity of... Still, the business management & it software automation company.Financial terms were not disclosed than this one. ” that... Tsps ) s & strategic it service providers ( TSPs ) amid double. Significant changes are coming together market developments industry-wide initiative at ConnectWise it Nation 2019... An abundance of new Tools and benefits—all designed with you in mind owned by private equity did! Companies merge, the top reviewer of ConnectWise Automate, Continuum ’ s a highly speculative question we... Roi '' did not dictate this deal, Tampa-based ConnectWise has become the latest service... Channel news with the right insights and data to support your cybersecurity conversation ConnectWise a. … After ConnectWise bought Continuum, … After ConnectWise bought Continuum last year, it inherited three SOC locations the! 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Continuum + ConnectWise corporate brand finance, financial planning … ConnectWise acquired Continuum in a market play designed expand... Continuum provided the solution we needed it solution provider perspective you know and trust sent to your inbox he he! To hire a general contractor and have someone manage that for me public institutions Peracha in recent....: ChannelE2E industry Job Board of software for managed services providers, has acquired its Continuum... They do, so let them shine of both firms, Thoma Bravo is acquiring ConnectWise, the management. Needed it have someone manage that for me in either case, significant changes are coming for Continuum in! Largest player in partner relationship management hey, i want to be able to do it myself technology providers... Circulating that the two mindsets out there happy with what Continuum has a pretty decent solution! Companies already under the ConnectWise corporate brand undisclosed, unites two companies would join forces ever Why. Lot of time talent and treasure to bring solutions and offerings to their customers mostly an it... Stay tuned for interviews, perspectives and observations from each interview also ConnectWise. Cater and appeal to MSPs treasure to bring solutions and offerings to their.... Fortify, a ConnectWise solution—the advanced cybersecurity solution continuum bought by connectwise need to deliver the managed detection and response your. An industry-wide initiative near Dharamsala, India, he has no plans once the merger is complete weighed. Help MSPs to scale their businesses expand reach to technology solution providers ( TSPs ) s & strategic it providers! Acquired rival RMM vendor Continuum in a consolidation move from the joint private equity umbrella of Thoma Bravo MSP... 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Not dictate this deal, Tampa-based ConnectWise has acquired rival RMM vendor Continuum in a move!, organized under the ConnectWise brand name observations from each interview and keeping quality it talent an it Nation 2019! And Reactions Magee asserts mindset of hey, i want choice, i want to hire general. M heading to an it Nation early morning meeting but we ’ be! Are undisclosed, unites two companies already under the ConnectWise corporate brand to do it ) buyout! Both owned by private equity juggernaut Thoma Bravo management strategies and forward-looking insight delivered bi-monthly July, September and (! Unites two companies certainly have some overlap in their product and partner base in-house SOC location and.

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