ConnectWise Acquires Continuum and IT Boost, announces ConnectWise Engage, powered by WebInfinity to offer a complete solution stack to technology solution providers 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. Rumours had been circulating that the two companies would join forces ever … Magee will lead the combined organization moving forward which will boast 2,000 employees, 16 offices, and more than 30,000 MSP customers around the world. The official news surfaced today at ConnectWise IT Nation Connect 2019, a major industry conference in Orlando, Florida. Offer subject to ConnectWise standard licensing terms. Pretty massive news. Continuum was acquired, and is now supported by ConnectWise… The Continuum-ConnectWise integration is … The acquisition was announced at ConnectWise’s annual conference in Orlando on October 30. Close the Skills Gap. Required fields are marked *. This will probably be even worse than most. 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. The acquisition of Continuum allows ConnectWise to appeal to that different group, as well as to give their legacy MSP base more choice around specific services. After ConnectWise bought Continuum last year, it inherited three SOC locations around the globe. Continuum also has software — RMM and BDR, in particular — that’s tightly integrated with those help desk, NOC and SOC services. Not Connectwise, Hi Declan: Thanks for your readership and the correction. by Joe Panettieri • Feb 25, 2019. One mindset of the do it yourselves. There’s zero evidence that such a deal is coming. 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. Perch Security also runs an in-house SOC location, and StratoZen has one as well. It also gives ConnectWise … ConnectWise has acquired Continuum in a market play designed to expand reach to technology solution providers (TSPs) amid a double acquisition spree. Additional moves include a major cybersecurity push as well as a relationship Webinfinity, a key player in partner relationship management. Posted by Scott Bekker on October 31, 2019 at 11:31 AM Free Webcast! But … Excellent reportage. Steve Tytgat, Founder and Managing Director, Tyneso… “There are two different mindsets among MSPs,” Magee said. Instead, ConnectWise and Continuum found clear synergies between their IT automation and business management software, and outsourced automation services, Magee and George assert. Reports surface that Continuum is for sale. George -- who took the troubled Zenith Technology and over eight years transformed it into Continuum -- is widely considered to be a thought leader in the technology space, not only in the MSP field, but in artificial intelligence and machine learning. Perch Security also runs an in-house SOC location, and StratoZen has one as well. “With size and scale comes economies of scale, breadth of capability. “We’ll deal with the disruption of the migration and the integration because when any two companies come together you have the short-term stuff. Terms … 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. Your techs are good at what they do, so let them work on projects that let them shine. Robert (Bob) Kocis, who had served as Continuum’s CRO since 2016, has chosen … In stark contrast, Continuum is mostly an outsourced IT services business. Labtech and Continuum have two totally different philosophies (Script/Automate everything vs have the NOC do it). 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. Exceed their expectations with Continuum Command, a ConnectWise solution, our MSP RMM software that provides proactive tools and NOC services—regardless of device environment. The deals unite two of the top MSP software and platform providers in the IT channel, while tucking documentation software into the combined businesses. 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. 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 … by Joe Panettieri • Feb 25, 2019. By Geoffrey Willison. ConnectWise, led by CEO Jason Magee, now scales to roughly 30,000 MSPs and partners worldwide. The new company will operate under … After June 30, 2020 such subscriptions will automatically terminate. ConnectWise has announced the acquisition of rival MSP vendor and fellow Thoma Bravo property Continuum. Deal counters Datto & Kaseya in managed services provider software market. Your email address will not be published. ConnectWise acquires Continuum. “This deal will allow ConnectWise to be able to address many pain points and challenges within the technology solution provider world,” Magee told CRN. Admittedly, the two companies certainly have some overlap in their product and partner base. Announced by CEO Jason Magee (pictured), the blockbuster deals add BDR, security, and documentation to a lineup that already included RMM, PSA, quoting, and remote control, positioning ConnectWise to offer one of the industry’s most complete portfolios for MSPs. Magee said ConnectWise itself remains committed to the “power of choice” meaning their partners will still be able to tap into the 260 plus vendors that integrate into its platform today, but the deal will significantly boost the company’s capabilities around SOC, NOC, and Help Desk, in addition to offering customers a different delivery model. We’ll continue to track this closely. Security threats continue to grow, and your clients are most likely at risk. share. Channelnomics Staff SUBSCRIBE TO OUR NEWSLETTER. ConnectWise Command by Continuum Remove. You can also subscribe without commenting. 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. Leap Managed IT Information Technology and Services, 11-50 employees. The potential synergies are clear. Continuum Fortify Cybersecurity Solutions & Monitoring Tools. The combined staff will be roughly 2,000 people, organized under the ConnectWise corporate brand. It’s going to allow us to cater and appeal to both of those mindsets.”. Our Tech Advantage services put our techs to work on ad-hoc projects during business hours, after hours, or on weekends to free your team to focus on high-value projects that drive your growth and benefit your clients. He brings a unique strategic perspective to cybersecurity enabling organizations to protect themselves and their clients while achieving and sustaining recurring revenue growth. Read full review. Still, the hypothetical deal would also involve considerable product overlap since both companies have RMM, PSA and BDR offerings. I couldn’t imagine a better platform to go to than this one.”. However, the private equity firm did not dictate this deal, Magee tells ChannelE2E. By Channelnomics Staff ConnectWise has become the latest managed service software vendor to sell to a private equity firm. Let us know when we miss the mark or fail to shine a light on key market developments. Our collective MSPs benefit from having that as their empowerment platform to go to market. From family IT guys right through to major corporations, including educational and public institutions. -jp. Unique industry intelligence, management strategies and forward-looking insight delivered bi-monthly. The History of Continuum, a ConnectWise Company. Good job, Joe. Safety for your clients. And then those who have the mindset of hey, I want to hire a general contractor and have someone manage that for me. 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. … View Details. Coronavirus Update. “One is a ‘do-it-yourself’ approach favoured by ConnectWise MSPs. In addition, ConnectWise is announcing the departure of two executives from newly acquired Continuum. Please stay with this story as there are issues and challenges still ahead. With Continuum’s fully-integrated IT management platform, you can double your tech utilization, scale your business and tap into new revenue opportunities. Guiding VARs, MSPs, CSPs, Total Service Providers (TSPs) s & Strategic IT Service Providers: From Entrepreneur to Exit. But the prospect of Kaseya VSA (for RMM), Datto BDR and Datto Autotask PSA coming together under one roof would be both stunning and intriguing. 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. Continuum Command bietet RMM … Kaseya and Datto are on notice. Demo or request a trial today. ConnectWise has acquired Continuum and ITBoost. Verified … 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. ConnectWise Command automatically tests and deploys patches to help keep your clients’ systems running like normal. ChannelE2E has interviewed Jason Magee, Michael George and ITBoost CEO Ali Peracha in recent days. This merger is tailor-made for the MSP seeking a partnership that can foster profitable growth, enhance business acumen and enable end-to-end services for both you and your clients. The top reviewer of ConnectWise Automate writes "Saves us a lot of time and money; some issues with menu loading". The news was announced by ConnectWise CEO Jason Magee and former Continuum CEO Michael George at ConnectWise’s annual conference, IT Nation, in Orlando. Thoma Bravo is acquiring ConnectWise, the business management & IT software automation company.Financial terms were not disclosed. George said Bellini poured his heart and soul into creating a thriving company in ConnectWise … Combined Thoma Bravo companies serve 30,000 MSPs. “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’s acquisition of Continuum, … Some competition with SolarWinds MSP (publicly held but also a Thoma Bravo portfolio company) should also be expected. 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. ConnectWise and Continuum Merger: 5 Good Things, 5 Questions and Reactions. Receive notification when applications open for lists and awards. ConnectWise, Inc., provider of business automation software for technology solution providers (TSPs), announced the acquisitions of Continuum Managed Services LLC and ITBoost, as … As part of the move, the … Continuum RMM at a Glance. “This will also allow ConnectWise to cater to the two mindsets out there. Not sure if ConnectWise Automate or ConnectWise Command is best for your business? Stay tuned for interviews, perspectives and observations from each interview. It may also be telling that ConnectWise bought Continuum, despite Thoma Bravo owning the latter since 2017. Don’t settle when it comes to managing your clients’ IT infrastructure. Dale Bradford. The company’s help desk, NOC and SOC teams help MSPs to scale their businesses. Fortify is a Continuum product natively. Financial terms of the deal were not disclosed. I’m really happy with what Continuum has done on the security side. Score 9 out of 10. If I were in the MSP space today. ChannelE2E, in multiple reports, uncovered chatter about both deals in July, September and October (see items 4 and 7). Connectwise acquired Continuum. Notify me of followup comments via e-mail. It’s hard finding and keeping quality IT talent. 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, … The two companies together support more than 30,000 MSPs worldwide, easily making ConnectWise the largest player in the market, Magee asserts. 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. Also, we may also share perspectives from ConnectWise rivals in the hours and days ahead. 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. So I am not worried about that. Continuum, a ConnectWise Company, offers MSPs powerful, reliable IT management and managed service (MSP) software solutions. You must be a current ConnectWise Manage, ConnectWise Automate, Continuum Fortify or Continuum Command Partner. ConnectWise is acquiring Continuum. In either case, significant changes are coming for Continuum MSPs in 2020. Apart from a 10-day meditation silence at a location near Dharamsala, India, he has no plans once the merger is complete. The cybersecurity company, which was acquired by Thoma Bravo in February for over $1 billion, has hired a chief … 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. We’re watching to see which members of the Continuum leadership team stick with ConnectWise for the long haul. ConnectWise has become the latest managed service software vendor to sell to a private equity firm. Hey I want choice, I want to be able to do it myself. “These are two great companies that have been together for a long while,” he said. 128 comments. 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. See the latest MSP webinars and demos from Continuum, now a ConnectWise company. In addition to Continuum, ConnectWise acquired another MSP, ITBoost. He brings an extensive background in corporate finance, financial planning … For instance: Rumors about a potential deal between the two companies have surfaced regularly throughout 2019. Covid-19 Resources. 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 … ConnectWise, the Tampa-based software provider that was acquired in a massive deal for over $1 billion, isn’t done growing. ConnectWise will start 2020 with an almost entirely new C-level team. Security at Continuum Drew is an innovative, results-driven, transformational security leader with proven success developing and implementing metric-driven business models. Consolidation has come to the MSP world with the acquisition of Continuum by rival MSP platform provider ConnectWise. The deals unite two of the top MSP software and platform providers in the IT channel, while tucking documentation software into the … Continuum [now ConnectWise] is continuing to meet new needs and solve new problems. “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. Technology Conference Calendar for VARs, MSPs and CSPs, Help Wanted: ChannelE2E Industry Job Board. Security for you. This is the largest, now dominant platform in the market. In October 2019, we were excited to announce from The IT Nation Connect mainstage that ConnectWise and Continuum were merging companies… Why Continuum + ConnectWise? Enter Continuum Fortify, a ConnectWise solution—the advanced cybersecurity solution you need to deliver the managed detection and response protection your clients require. Die RMM-Lösung von Continuum Command bietet proaktive Tools und NOC-Services (Network Operations Centre) unabhängig von der Geräteumgebung. This offer is valid via the online form only. 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. Offer Terms & Conditions. Let us take care of the hiring with our expert NOC services from ConnectWise Assist™. 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. October 31, 2019. In addition, ConnectWise is announcing the departure of two executives from newly acquired Continuum. The company also announces a strategic partnership and an industry-wide initiative . ConnectWise CEO Jason Magee will lead the combined company. July 16, 2019. He said he sees the acquisition as a massive win for his business. Was ist ConnectWise Command? Continuum’s SOC and BDR (backup and disaster recovery) platforms will also play key roles going forward — though Magee has vowed to keep the ConnectWise ecosystem open to software rivals. Keep us honest. “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. Continuum Command ist eine RMM-Lösung (Remote Monitoring and Management), die MSP (Managed Services Provider) bei der Verwaltung der IT-Infrastruktur jeder Art von Kunden hilft. 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. Starting Price: Not provided by vendor Not provided by vendor Best For: For IT Managed Service Provider (MSPs), RMM software to manage your clients IT so you can protect your business. It also gives ConnectWise the opportunity to serve TSPs that operate using Continuum… Finally, when Continuum CEO Michael George was asked whether the ConnectWise deal would change the way in which Continuum … Now that message will evolve, as ConnectWise offers a “have it your way” model to MSPs. Pandemic … View our upcoming webinars today! In a flurry of acquisition and partnership announcements this week, ConnectWise CEO Jason Magee said he plans to position the vendor as "the epicenter for everything from business management and documentation to service delivery and operations … ConnectWise, a provider of software for managed services providers, has acquired its competitor Continuum. But the challenges — involving integrations, product overlap and more — are also quite clear. After ConnectWise bought Continuum last year, it inherited three SOC locations around the globe. TAMPA, Fla. (Oct. 30, 2019 – ConnectWise, the leading provider of business automation software for technology solution providers (TSPs), today announced the acquisitions of Continuum … 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. That could involve pulling information from BrightGauge, the managed services metrics and reporting vendor acquired by Continuum in 2019, into the ConnectWise Manage PSA system, for instance, or using insights gleaned from one of the security solutions in Continuum… As part of the deal, Tampa-based ConnectWise has acquired Boston-based Continuum, which are both owned by private equity juggernaut Thoma Bravo. I’m going to make the investment of time talent and treasure to bring solutions and offerings to their customers. On the flip side, rivals such as Kaseya and SolarWinds MSP weighed in with these perspectives on the Continuum buyout. Whether you’re talking to prospects or clients, we provide you with the right insights and data to support your cybersecurity conversation. Last year we were concerned about ransomware, and Continuum provided the solution we needed, when we needed it. The Tampa, Florida-based provider of professional services and … In particular, Continuum’s portfolio should appeal to MSPs that want outsourced managed software platforms and services. Geoffrey was formerly chief financial officer (CFO) at Continuum, acquired by ConnectWise in October. ConnectWise Automate is most compared with SCCM, Kaseya VSA, SolarWinds MSP N … Read our product descriptions to find pricing and features info. Save my name, email, and website in this browser for the next time I comment. The Continuum acquisition was announced today … Published: 30 Oct 2019. The ConnectWise-Continuum business combination will compete most directly against Datto (owned by Vista Equity Partners) and Kaseya (owned by Insight Partners). 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. ConnectWise has acquired Continuum and ITBoost. 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. You realize Connectwise bought Labtech right? Read this authenticated review . Apply For the Managed Service Providers 500, Dell Technologies Storage Learning Center, Symantec Business Security Learning Center, Dell Technologies World Digital Experience 2020. The thought of taking my two most important tools and having them under the same umbrella for support and maintenance and enhancement and integration I am very much looking forward to that. 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. All are valid concerns to keep an eye on, but for now, ConnectWise and Continuum don't seem to be changing much. ConnectWise Assist Tech Advantage. Network Administrator. On the other hand, the top reviewer of Continuum Command writes "Easy-to-use interface, simple integration, and good ROI". Your email address will not be published. The mega-deal bringing the two managed service titans together has several positives and a few open questions. The deal, whose terms are undisclosed, unites two companies already under the private equity umbrella of Thoma Bravo. Since ConnectWise is deeply embedded in our business process, the sync between ConnectWise and Continuum is a natural fit. 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. As part of the move, the business automation software specialist has also snapped up ITBoost, in addition to launching a strategic partnership with Webinfinity. But the potential synergies are also clear. 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