M&A Deal Summary

NexusTek Acquires BTG

On May 17, 2018, NexusTek acquired information technology company BTG from ABRY Partners

Acquisition Highlights
  • This is NexusTek’s 4th transaction in the Information Technology sector.
  • This is NexusTek’s 4th transaction in the United States.
  • This is NexusTek’s 1st transaction in New Jersey.

M&A Deal Summary

Date 2018-05-17
Target BTG
Sector Information Technology
Buyer(s) NexusTek
Sellers(s) ABRY Partners
Deal Type Merger

Target

BTG

Morganville, New Jersey, United States
BTG is a managed private cloud service provider that maintains a singular focus on supporting enterprise workloads and IT services. The company empowers its small, mid-market and enterprise customers with agile, cutting-edge technology coupled supported by a veteran team whose expertise includes cloud-based desktops and storage solutions, SaaS, IaaS, remote monitoring and end-user IT. BTG is perennially ranked as a Talkin’ Cloud Top 100 Cloud Company, has twice been honored with the Cloudys Award for the Most Innovative Cloud Provider, and is a four-time winner of Channel Partners 360 Business Value Award. BTG has also been honored as an MSPmentor 250 managed services provider. BTG was founded in 2007 and is based in Morganville, New Jersey.

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Buyer(S) 1

Buyer

NexusTek

Greenwood Village, Colorado, United States

Category Company
Founded 1996
Sector Information Technology
DESCRIPTION

NexusTek is a provider of regional IT support and outsourcing including help desk, cloud services, VoIP, cyber security services, server monitoring and Microsoft Dynamics 365 CRM services. From managed IT services to cloud solutions and customized business software implementations, NexusTek employs top talent, offers personalized attention, and brings nearly 22 years implementing technology best practices for companies across Arizona and the region. NexusTek was founded in 1996 and is based in Greenwood Village, Colorado.


DEAL STATS #
Overall 4 of 8
Sector (Information Technology) 4 of 7
Type (Merger) 1 of 1
State (New Jersey) 1 of 1
Country (United States) 4 of 8
Year (2018) 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-07 CyberTrails

Phoenix, Arizona, United States

CyberTrails LLC is a provider of managed information technology (IT) services to businesses in the southwest. Its services include hosted applications, managed IT infrastructure, and data backup and recovery services. CyberTrails LLC was founded in 1995 and is based in Phoenix, Arizona.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-10 Zumasys - Cloud Hosting Infrastructure & Managed Services

Irvine, California, United States

Zumasys, Inc. - Cloud Hosting, Infrastructure & Managed Services is a provider of cloud hosting and managed services.

Buy -

Seller(S) 1

SELLER

ABRY Partners

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1989
PE ASSETS 12.8B USD
Size Mega
Type Sector Focused
DESCRIPTION

ABRY Partners is a media and communications focused private equity investment firm. Specific areas of interest include television, publishing, convention/trade shows, for-profit training, couponing, monitoring services, telephone companies, communications towers, music libraries, database providers, wireless communications, and in-store advertisers. ABRY can provide both equity and mezzanine capital, typically committing $20 to $200 million of equity or $15 to $50 million of mezzanine capital per transaction. Prospective transaction situations include buyouts, expansion financings, platform acquisitions, consolidations, and recapitalizations. ABRY Partners was formed in 1989 and is headquartered in Boston, Massachusetts.


DEAL STATS #
Overall 74 of 103
Sector (Information Technology) 14 of 24
Type (Merger) 2 of 2
State (New Jersey) 9 of 9
Country (United States) 65 of 88
Year (2018) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-12 SiteLock

Scottsdale, Arizona, United States

SiteLock is a provider of web security solution to offer complete, cloud-based website protection. Its 360-degree monitoring finds and fixes threats, prevents future attacks, accelerates website performance and meets PCI compliance standards for businesses of all sizes. SiteLock was founded in 2008 and is based in Scottsdale, Arizona.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-06-06 Screenvision Media

New York, New York, United States

Screenvision Media is a provider of cinema advertising, offering on-screen advertising, in-lobby promotions and integrated marketing programs to national, regional and local advertisers, and providing comprehensive cinema advertising representation services to top-tier theatrical exhibitors presenting the highest-quality movie-going experiences. Screenvision Media was founded in 1990 and is based in New York.

Buy -