M&A Deal Summary

UPSTACK Acquires Performance Networks

On July 11, 2024, UPSTACK acquired business services company Performance Networks

Acquisition Highlights
  • This is UPSTACK’s 4th transaction in the Business Services sector.
  • This is UPSTACK’s 28th transaction in the United States.
  • This is UPSTACK’s 3rd transaction in Colorado.

M&A Deal Summary
Date 2024-07-11
Target Performance Networks
Sector Business Services
Buyer(s) UPSTACK
Deal Type Add-on Acquisition

Target

Performance Networks

Littleton, Colorado, United States
Performance Networks is a telecommunications consulting company that provides a superior customer experience while sourcing and managing complex telecommunications networks for businesses. The company specializes in business-class connectivity, secure networking, unified communications, contact center, wireless and data center solutions from more than 40 providers worldwide. Performance Networks was formed in 2010 and is based in Littleton, Colorado.

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Buyer(S) 1

Buyer

UPSTACK

New York, New York, United States
Category Company
Founded 2017
Sector Internet Software and Services
DESCRIPTION

UPSTACK is transforming the way cloud and internet infrastructure is sourced and sold. The company uses advanced technology to enable an extensive team of cloud infrastructure advisors to offer customized solutions for businesses of all sizes. With UPSTACK, business buyers streamline IT procurement by tapping into a single source for mission-critical technology services from hundreds of proven providers along with the professional guidance to identify and evaluate the best solutions. UPSTACK was founded in 2017 and is based in New York City.

DEAL STATS #
Overall 28 of 28
Sector (Business Services) 4 of 4
Type (Add-on Acquisition) 27 of 27
State (Colorado) 3 of 3
Country (United States) 28 of 28
Year (2024) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-29 CA Communications - Telecom Services Division

Minnetonka, Minnesota, United States

CA Communications' Telecom Services Division provides telecommunications services.

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