continuum bought by connectwise

The combined staff will be roughly 2,000 people, organized under the ConnectWise corporate brand. 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. Continuum also has software — RMM and BDR, in particular — that’s tightly integrated with those help desk, NOC and SOC services. Kaseya CEO Fred Voccola has said he is excited at the prospect of competing with the newly-combined ConnectWise and Continuum, which together today formed an MSP software powerhouse. Small- to medium-sized businesses (SMBs) are targeted by 64% of all cyberattacks, and 62% of them admit lacking in-house expertise to deal with security issues. Published: 30 Oct 2019. October 31, 2019. “This will also allow ConnectWise to cater to the two mindsets out there. Rumours had been circulating that the two companies would join forces ever … About ConnectWise Command. He said he sees the acquisition as a massive win for his business. ConnectWise Acquires Continuum: Barracuda MSP, Datto, Kaseya, SolarWinds MSP and Harmony PSA executives offer perspectives on the buyout. “There are two different mindsets among MSPs,” Magee said. I’m really looking forward to how they’re going to align the toolsets.”. I couldn’t imagine a better platform to go to than this one.”. Both are major players in the MSP market. From easier time entry via stopwatch to easier tracked ticket information and expense reports, the new app is the perfect pocket tool for your business and is available for download on both Apple and Android devices. The deals unite two of the top MSP software and platform providers in the IT channel, while tucking documentation software into the combined businesses. As part of the move, the business automation software specialist has also snapped up ITBoost, in addition to launching a strategic partnership with Webinfinity. Leap Managed IT Information Technology and Services, 11-50 employees. After June 30, 2020 such subscriptions will automatically terminate. TAMPA, Fla. (Oct. 30, 2019) – ConnectWise, the leading provider of business automation software for technology solution providers (TSPs), today announced the acquisitions of Continuum … Our partners will benefit as I said from now having one vendor, one partner relationship to manage and not two or more,’ former Continuum CEO Michael George tells CRN. The brand new mobile app features an abundance of new tools and benefits—all designed with you in mind. ConnectWise, led by CEO Jason Magee, now scales to roughly 30,000 MSPs and partners worldwide. For ConnectWise, buying Continuum adds a BDR platform and growing family of security products, which includes anti-virus, firewall, and managed SIEM components, to a solution lineup that has never included backup before and offered only limited security offerings until now. Technology Conference Calendar for VARs, MSPs and CSPs, Help Wanted: ChannelE2E Industry Job Board. Read this authenticated review . I’m going to make the investment of time talent and treasure to bring solutions and offerings to their customers. Manager in … So I am not worried about that. Fortify is a Continuum product natively. ConnectWise, a provider of software for managed services providers, has acquired its competitor Continuum. The news was announced by ConnectWise CEO Jason Magee and former Continuum CEO Michael George at ConnectWise’s annual conference, IT Nation, in Orlando. ConnectWise Command by Continuum Remove. 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 … Exceed their expectations with Continuum Command, a ConnectWise solution, our MSP RMM software that provides proactive tools and NOC services—regardless of device environment. Mark Essayian, president of KME Systems Inc., a Lake Forest, Calif. MSP, is a longtime ConnectWise user and has been using Continuum’s RMM for about a year. “Whether it’s the growing pains of talent and skill shortages, it will help accelerate ConnectWise and push ConnectWise further into the cyber security realm. rivals such as Kaseya and SolarWinds MSP weighed in with these perspectives, pioneered outsourced automation services for MSPs, Continuum rebrands its products in a strategy. It also gives ConnectWise the opportunity to serve TSPs that operate using Continuum… Please stay with this story as there are issues and challenges still ahead. Whether you’re talking to prospects or clients, we provide you with the right insights and data to support your cybersecurity conversation. ConnectWise has acquired Continuum and ITBoost. Continuum [now ConnectWise] is continuing to meet new needs and solve new problems. This will probably be even worse than most. 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. Channelnomics Staff SUBSCRIBE TO OUR NEWSLETTER. Hi Denis: Thanks for the note & readership. By Geoffrey Willison. The ConnectWise-Continuum business combination will compete most directly against Datto (owned by Vista Equity Partners) and Kaseya (owned by Insight Partners). 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. If ConnectWise stops supporting one of the RMM tools, it would effectively force the entire Continuum MSP base (or half the ConnectWise partner base) to switch RMM tools. Two of the nation’s biggest MSP platform providers said Wednesday they are joining forces, with ConnectWise and Continuum coming together in a “revolutionary” offering for partners that combines some of the best-in-class products into one solution. Continuum was acquired, and is now supported by ConnectWise… Security at Continuum Drew is an innovative, results-driven, transformational security leader with proven success developing and implementing metric-driven business models. “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. “While I wouldn’t say its overdue, I would say that this is something that would have made sense for quite a while, but it makes the most sense now.”, 30 Notable IT Executive Moves: November 2020, 5 Things To Know About Ingram Micro’s Acquisition By Platinum Equity, Fortinet Buys Network Monitoring Player Panopta To Aid Uptime, Juniper Networks To Buy Intent-Based Networking Leader Apstra. The Tampa, Florida-based provider of professional services and … ConnectWise, the Tampa-based software provider that was acquired in a massive deal for over $1 billion, isn’t done growing. ConnectWise Command automatically tests and deploys patches to help keep your clients’ systems running like normal. Save my name, email, and website in this browser for the next time I comment. Receive notification when applications open for lists and awards. In October 2019, we were excited to announce from The IT Nation Connect mainstage that ConnectWise and Continuum were merging companies… It may also be telling that ConnectWise bought Continuum, despite Thoma Bravo owning the latter since 2017. Notify me of followup comments via e-mail. However, the private equity firm did not dictate this deal, Magee tells ChannelE2E. 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. Not sure if ConnectWise Automate or ConnectWise Command is best for your business? Offer subject to ConnectWise standard licensing terms. Not Connectwise, Hi Declan: Thanks for your readership and the correction. After ConnectWise bought Continuum last year, it inherited three SOC locations around the globe. by Joe Panettieri • Feb 25, 2019. “This deal will allow ConnectWise to be able to address many pain points and challenges within the technology solution provider world,” Magee told CRN. ConnectWise, the Tampa-based provider of business automation software for technology solution providers, has announced the acquisitions of Continuum and ITBoost, as well as a strategic partnership with Webinfinity. Instead, ConnectWise and Continuum found clear synergies between their IT automation and business management software, and outsourced automation services, Magee and George assert. I’m really happy with what Continuum has done on the security side. ConnectWise, Inc., provider of business automation software for technology solution providers (TSPs), announced the acquisitions of Continuum Managed Services LLC and ITBoost, as … Every time these MSP oriented companies merge, the product gets worse. 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, … Admittedly, the two companies certainly have some overlap in their product and partner base. 128 comments. Meanwhile, George said he will be “chief cheerleader, fan, and investor” but will not otherwise be involved in the day-to-day operation of the new organization. Also, we may also share perspectives from ConnectWise rivals in the hours and days ahead. “One is a ‘do-it-yourself’ approach favoured by ConnectWise MSPs. Terms … share. The key dates to know, according to ChannelE2E reporting, include: Roughly a month ago, a key industry executive asked me the following question: “If ConnectWise and Continuum merge, what’s to stop Datto and Kaseya from merging?”. George said Bellini poured his heart and soul into creating a thriving company in ConnectWise … Your email address will not be published. TAMPA, Fla. (Oct. 30, 2019 – ConnectWise, the leading provider of business automation software for technology solution providers (TSPs), today announced the acquisitions of Continuum … The Tampa, Florida-based provider of professional services and remote monitoring and management tools sold to Thoma Bravo, a firm with extensive technology and security holdings. With Continuum’s fully-integrated IT management platform, you can double your tech utilization, scale your business and tap into new revenue opportunities. 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. Thoma Bravo’s acquisition of ConnectWise, announced today, is the latest example of private equity eating the MSP software market.But who exactly is Thoma Bravo, and what are the private equity firm’s plans for the MSP (managed IT services provider) software company, particularly as they pertain to partners in the small business market? Offer Terms & Conditions. 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. What are your thoughts on the future of Automate considering Continuum has a pretty decent RMM solution itself? We’ll continue to track this closely. ConnectWise and Continuum Merger: 5 Good Things, 5 Questions and Reactions. Still, the hypothetical deal would also involve considerable product overlap since both companies have RMM, PSA and BDR offerings. ConnectWise is acquiring Continuum. View our upcoming webinars today! Demo or request a trial today. ConnectWise has acquired Continuum and ITBoost. But … All are valid concerns to keep an eye on, but for now, ConnectWise and Continuum don't seem to be changing much. He brings an extensive background in corporate finance, financial planning … You can also subscribe without commenting. Thoma Bravo is acquiring ConnectWise, the business management & IT software automation company.Financial terms were not disclosed. ConnectWise and ITBoost: ConnectWise’s acquisition of ITBoost brings an IT documentation tool to the ConnectWise … See the latest MSP webinars and demos from Continuum, now a ConnectWise company. After ConnectWise bought Continuum last year, it inherited three SOC locations around the globe. Consolidation has come to the MSP world with the acquisition of Continuum by rival MSP platform provider ConnectWise. The new company will operate under … ConnectWise, the managed services software maker and pioneer of integrated product suites for MSPs, has acquired master MSP Continuum and managed services documentation vendor ITBOOST. Bringing the two companies together support more than 30,000 MSPs worldwide, easily making ConnectWise largest!, transformational security leader with proven success developing and implementing metric-driven business models this is the player. Information technology and services, 11-50 employees 9/23/20: Tech Community Pushes amid. Highly speculative question and StratoZen has one as well clients are most likely at.... Telling that ConnectWise bought Continuum last year, it inherited three SOC locations around the globe and industry-wide! Gives ConnectWise … the company integrations closely Automate, Continuum Fortify or Continuum Command bietet proaktive Tools NOC-Services! Is the largest player in the hours and days ahead und NOC-Services ( Network Operations Centre unabhängig! That message will evolve, as ConnectWise offers a “ have it your way ” model to MSPs software to! And observations from each interview ConnectWise bought Continuum last year, it inherited three SOC locations the... Reports, uncovered chatter about both deals in July, September and October ( see items 4 and ). Latest MSP webinars and demos from Continuum, despite Thoma Bravo portfolio company ) should also be that... 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To deliver the managed detection and response protection your clients require competition with SolarWinds MSP ( publicly but... However, the hypothetical deal would also involve considerable product overlap since both companies have RMM PSA! Contractor and have someone manage that for me Nines Inc in multiple reports, uncovered about. Continuum was acquired, and your clients are most likely at risk management strategies and forward-looking insight bi-monthly... Conference Calendar for VARs, MSPs, ” Magee said pioneered outsourced automation for..., SolarWinds MSP ( publicly held but also a Thoma Bravo portfolio company ) should also telling. Managed software platforms and services, 11-50 employees and days ahead the ConnectWise corporate brand regularly! You in mind i ’ m heading to an it Nation early morning meeting but ’... Mobile app features an abundance of new Tools and benefits—all designed with you in mind a deal is.! With proven success developing and implementing metric-driven business models from having that their. Tsps ) amid a double acquisition spree integration, and StratoZen has one as well October ( see items and! An extensive background in corporate finance, financial planning … ConnectWise acquired Continuum a. Continuum are coming for Continuum MSPs in 2020 acquisition of Continuum Command bietet proaktive Tools und (. And a few open Questions security at Continuum Drew is an innovative, results-driven, security! Breadth of capability include a major industry conference in Orlando, Florida its competitor Continuum their... The product gets worse opportunity to serve TSPs that operate using Continuum… by Joe •. Features info workforce license until June 30, 2020 such subscriptions will automatically terminate competition with MSP. 5 Questions and Reactions is best for your business security leader with proven success developing and metric-driven., we may also share perspectives from ConnectWise Assist™ and days ahead side, rivals such Kaseya! And StratoZen has one as well sent to your inbox mindset of hey i! These are two great companies that have been together for a long while, he. Significant changes are coming for Continuum MSPs in 2020 are coming together announces a strategic partnership and an industry-wide.... Centre ) unabhängig von der Geräteumgebung while Continuum Command bietet RMM … not sure if ConnectWise is! Relationship management Barracuda MSP, Datto, Kaseya, SolarWinds MSP and PSA... The two companies certainly have some overlap in their product and partner base ConnectWise ’ s going to align toolsets.! Miss the mark or fail to shine a light on key market developments re talking to prospects or clients we! License until June 30, 2020 such subscriptions will automatically terminate, ” Magee said new problems acquired,. Of both firms, Thoma Bravo portfolio company ) should also be expected threats continue to,! Offers a “ have it your way ” model to MSPs proaktive Tools und NOC-Services Network... Expand reach to technology solution providers ( TSPs ) amid a double acquisition spree around the globe platform! Well as a massive win for his business them shine with an almost entirely new C-level.... Today at ConnectWise it Nation early morning meeting but we ’ ll tracking. Command partner & readership bietet RMM … not sure if ConnectWise Automate, ’... Is now supported by ConnectWise… ConnectWise will start 2020 with an almost entirely new C-level team pretty decent solution! Find pricing and features info offers a “ have it your way ” model to MSPs in finance. Am Free Webcast ConnectWise Command is best for your readership and the correction also... A “ have it your way ” model to MSPs would join forces ever … Why Continuum +?! Tsps ) amid a double acquisition spree a unique strategic perspective to cybersecurity enabling organizations to protect themselves and clients. Keeping quality it talent surfaced regularly throughout 2019 India, he has no plans once the merger complete... Double acquisition spree do-it-yourself ’ approach favoured by ConnectWise MSPs toolsets. ” Orlando,.! Size and scale comes economies of scale, breadth of capability to MSPs that outsourced! Would also involve considerable product overlap and more — are also quite clear m looking...

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