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M&A Deal Summary

Performive Acquires CloudFirst

On September 12, 2025, Performive acquired information technology company CloudFirst from Data Storage for 40M USD

Acquisition Highlights
  • This is Performive’s 1st transaction in the Information Technology sector.
  • This is Performive’s largest (disclosed) transaction.
  • This is Performive’s 1st transaction in the United States.
  • This is Performive’s 1st transaction in New York.

M&A Deal Summary
Date 2025-09-12
Target CloudFirst
Sector Information Technology
Buyer(s) Performive
Sellers(s) Data Storage
Deal Type Divestiture
Deal Value 40M USD

Target

CloudFirst

Melville, New York, United States
CloudFirst provides secure, enterprise-grade cloud hosting and managed services, with a specialization in migrating and modernizing legacy IBM Power Systems environments (IBM i/AS400, AIX) as well as Windows and Linux workloads. CloudFirst is based in Melville, New York.

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Buyer(S) 1

Buyer

Performive

Marietta, Georgia, United States
Category Company
Founded 2005
Sector Information Technology
DESCRIPTION

Performive is a managed IT services provider, specializing in managed IT infrastructure, cloud solutions, and cybersecurity for mid-market enterprises. Performive was founded in 2005 and is based in Marietta, Georgia.

DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Data Storage

Melville, New York, United States
Category Company
Founded 2001
Sector Information Technology
Employees53
Revenue 25M USD (2024)
DESCRIPTION

Data Storage is a provider of multi-cloud hosting, fully managed cloud services, disaster recovery, cybersecurity, IT automation, and voice & data solutions. Data Storage was founded in 2001 and is based in Melville, New York.

DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1
Size (of disclosed) 1 of 1
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