Carbon60, which is backed by M/C Partners, has acquired St. John, New Brunswick-based Cirrus9, a managed cloud and hosting solutions provider. No financial terms were disclosed. As part of this transaction, Cirrus9 CEO Bullock will join Carbon60’s management team and serve as senior vice president of business solutions.
TORONTO–(BUSINESS WIRE)–Carbon60, a leading pure-play managed cloud service provider, today announced that it has acquired Cirrus9, a leading managed cloud and hosting solutions provider based in Saint John, New Brunswick. This addition will provide Carbon60, backed by private equity sponsor M/C Partners, with an Atlantic coast presence creating a truly national footprint to provide managed public cloud, private cloud, managed hosting and security services to Canadian organizations.
Cirrus9 has an impressive track record of delivering complex managed IT solutions to a customer base
extending from eastern Canada to British Columbia. Over the nine years since the company’s founding in 2010, Cirrus9 has built a reputation for technical excellence, personalized service and high-quality customer support.
“Cirrus9 is a valuable addition to the Carbon60 organization with a team of skilled technical personnel and an impressive list of major enterprise clients across Canada,” said John Witte, Carbon60 CEO. “Cirrus9 is a natural fit with Carbon60’s strategy to lead businesses across Canada in their IT cloud transformations combined with a culture of delivering superior client experiences.”
“The Cirrus9 team is excited to be joining Carbon60,” said Fred Bullock, CEO. “Carbon60 shares our belief in delivering high-quality client experience as a way to differentiate in the fragmented managed services market. As the market continues to evolve, clients are increasingly looking for a trusted partner to support their businesses across multiple cloud platforms. Cirrus9’s clients will be able to leverage Carbon60’s managed AWS and Azure cloud design, migration and management expertise for secure and compliant cloud-native and hybrid cloud transformation.”
As part of this transaction, Bullock will join Carbon60’s management team and serve as Senior Vice President of Business Solutions.
RBC acted as the exclusive adviser for the transaction on behalf of Cirrus9. Dentons served as the legal counsel for Carbon60 and McInnes Cooper and Pierce Law served as the legal advisers for Cirrus9.
Carbon60 specializes in delivering secure managed cloud solutions for public and private sector organizations with business-critical workloads. Carbon60 provides secure and high-performance hosting services using its cloud platform in Toronto, Vancouver, Kelowna, New York, and London and using the leading hyperscale clouds for hybrid IT solutions. Carbon60 guides customers on their cloud journey and can engage with clients at any stage of their transition. Carbon60 provides a white-glove customer experience with a deep level of technical support services combined with a nimble approach making them the trusted choice for companies that need a partner to deliver solutions with exceptional reliability, performance and security. For more information, visit www.carbon60.com and LinkedIn.
Founded in 2010, Cirrus9 is a Canadian service provider headquartered in Saint John, New Brunswick operating multiple data centres, managed enterprise cloud infrastructure and related hosting services and support. The company offers highly available, carrier-neutral data centres, Canadian data residency, data security compliance, managed cloud, telephony and regional fibre connectivity. The company serves both public and private sector clients in many industries including automotive, energy, financial services, healthcare and telecom.
About M/C Partners
Based in Boston, M/C Partners is a private equity firm focused exclusively on the communications, information technology services and media sectors. The firm has invested over $2.2 billion of capital into nearly 100 companies, generally investing in companies with enterprise values of $25 million to $250 million. Related current and prior investments include Cavalier Telephone, Ensono, Everstream, Fusepoint, Denovo, ICG Communications, Involta, Lightower, NuVox, Thrive Networks and Zayo Group. The firm has strong institutional backing from the nation’s leading pension funds and endowments as well as a long track record of success. For more information, visit www.mcpartners.com.