Carbon60 to acquire Cirrus9
Carbon60, a managed cloud service provider, has announced that it has acquired Cirrus9, a managed cloud and hosting solutions provider for an undisclosed sum.
The addition of Cirrus9 to the Carbon60 portfolio, backed by private equity sponsor M/C Partners, will give the company an Atlantic coast presence creating a fully national footprint in Canada.
“Cirrus9 is a valuable addition to the Carbon60 organisation with a team of skilled technical personnel and an impressive list of major enterprise clients across Canada,” said John Witte, CEO of Carbon60. “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.”
Since being founded in 2010, Cirrus9 amassed an impressive track record of delivering complex managed IT solutions to a customer base extending from eastern Canada to British Columbia. In addition, according to the company itself Cirrus9 has built a reputation for technical excellence, personalised service and high-quality customer support, making it ripe for joining the Carbon60 family.
“The Cirrus9 team is excited to be joining Carbon60. Carbon60 shares our belief in delivering high-quality client experience as a way to differentiate in the fragmented managed services market,” added said Fred Bullock, CEO of Cirrus9. “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 the deal, Bullock will join Carbon60’s management team and serve as its senior vice president of business solutions.
RBC served 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.