1. Home >
  2. M&A >
  3. Merger >
  4. United States >
  5. New York >
  6. Opti9 Acquires Webair Internet Development

M&A Deal Summary

Opti9 Acquires Webair Internet Development

On January 12, 2022, Opti9 acquired internet software and services company Webair Internet Development from Crest Rock Partners

Acquisition Highlights
  • This is Opti9’s 1st transaction in the Internet Software and Services sector.
  • This is Opti9’s 2nd transaction in the United States.
  • This is Opti9’s 1st transaction in New York.

M&A Deal Summary
Date 2022-01-12
Target Webair Internet Development
Sector Internet Software and Services
Buyer(s) Opti9
Sellers(s) Crest Rock Partners
Deal Type Merger

Target

Webair Internet Development

Garden City, New York, United States
Webair Internet Development Co. specializes in the management of complex managed private and hybrid cloud solutions and data protection. The Company provides a full suite of turnkey solutions to its customers, including managed cloud, Disaster-Recovery-as-a-Service (“DRaaS”), Backups-as-a-Service (“BaaS”), infrastructure management, colocation, and other ancillary network services. Webair’s comprehensive, customizable service offerings provide enterprises with tailored solutions that are optimized for their bespoke workload needs. Webair Internet Development Co. was founded in 1998 and based in Garden City, New York.

Search 205,240 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Opti9

Garden City, New York, United States
Category Company
Sector Information Technology
DESCRIPTION

Opti9 is a hybrid cloud solutions provider specializing in cloud services, application development and modernization, backup and disaster recovery, and managed security and compliance. Opti9 is based in Garden City, New York.

DEAL STATS #
Overall 2 of 2
Sector (Internet Software and Services) 1 of 1
Type (Merger) 2 of 2
State (New York) 1 of 1
Country (United States) 2 of 2
Year (2022) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-12 Jelecos

Omaha, Nebraska, United States

Jelecos provides digital transformation, compliance-driven migrations, cloud-first application development, cloud management, and DevOps-as-a-Service. Jelecos is a highly respected leader in the AWS ecosystem and prides itself on building long-term relationships, consistently producing superior results, and passionately driving innovative solutions. Jelecos was founded in 2000 and is based in Omaha, Nebraska.

Buy -

Seller(S) 1

SELLER

Crest Rock Partners

Investor Investor Investor Investor

Category Private Equity Firm
Founded 2019
Size Small
Type Sector Agnostic
DESCRIPTION

Crest Rock Partners is a private equity firm that looks to acquire and invest in businesses that can benefit from an operationally focused investor. The Firm will consider a variety of investment situations including corporate divestitures, companies in transition, buyouts, recapitalizations, and growth capital financings. Crest Rock can invest across the capital structure and seeks to commit $15 to $60 million per investment. Sectors of interest include software, technology, business services, manufacturing, and industrial. Crest Rock Partners was formed in 2019 and is headquartered in Denver, Colorado.

DEAL STATS #
Overall 2 of 2
Sector (Internet Software and Services) 1 of 1
Type (Merger) 2 of 2
State (New York) 1 of 1
Country (United States) 2 of 2
Year (2022) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-12 Jelecos

Omaha, Nebraska, United States

Jelecos provides digital transformation, compliance-driven migrations, cloud-first application development, cloud management, and DevOps-as-a-Service. Jelecos is a highly respected leader in the AWS ecosystem and prides itself on building long-term relationships, consistently producing superior results, and passionately driving innovative solutions. Jelecos was founded in 2000 and is based in Omaha, Nebraska.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-23 Pitcher

Zurich, Switzerland

Pitcher provides innovative software solution to revolutionize how sales teams manage their day-to-day customer engagements with data driven insights. Pitcher’s patented Super App, an omnichannel end-to-end unified sales enablement platform for enterprises, revolutionizes the sales process by reducing complexity and increasing ROI while empowering sales and marketing teams with the industry’s most robust suite of fully integrated features and functionality. Pitcher was founded in 2011 and is based in Zurich, Switzerland.

Buy -
Mergr

Product

Company

Legal