In The Media

by Joe Panettieri
Private equity companies are starting to pour money into the managed services software market. The first deal involved Summit Partners investing in Zenith RMM, a Zenith Infotech spin-off, this week. The next private equity deal involving a managed services software company will be announced within two weeks, according to a trusted MSPmentor source. The big question: Is private equity good for the managed services software industry?

By Nicholas Mukhar
Matt Bolton, leader of the product development team at Quest Software and member of the MSPmentor 250, has made a career out of making moves and changes at the right time. He made a successful early career out of analyzing investments for a start-up venture capital firm, yet knew when it was right to make the jump into the technology space as he saw a need for more innovative solutions surrounding data backup and recovery in the 1990′s. So Bolton joined a team that built Lasso Logic. He knew the right time to sell Lasso to SonicWALL. Then he began a new venture called PacketTrap, which Quest Software acquired in 2009. Now Bolton and the PacketTrap/Quest team are helping service providers identify the right business model for their needs.

Transforming from Break Fix to Managed Services… Easier than Transforming the Toy!