Broadwing Capital has acquired CloudScale365 to establish its new IT Managed Service Provider platform, targeting growth in the fragmented managed IT services market for small and medium-sized businesses.

Information on the Target

Broadwing Capital has successfully acquired CloudScale365, a prominent provider of managed IT, cloud, hosting, and security solutions, marking a significant step in the establishment of its new IT Managed Service Provider (MSP) platform. Focused primarily on small and medium-sized businesses (SMBs), CloudScale365 possesses a robust foundation with a scalable sales engine, a strong history of customer relationships, and considerable vertical expertise in sectors such as financial services, healthcare, and legal. The company offers comprehensive managed and co-managed IT services, cloud infrastructure security, and Microsoft solutions, supported by a dedicated team stationed across nine regional locations in the United States, providing round-the-clock service.

Industry Overview in the Target’s Specific Country

The managed IT services industry in the United States has experienced significant growth due to the increasing dependence on digital transformation across various sectors. Small and medium-sized enterprises are particularly benefiting from outsourced IT solutions to navigate their unique challenges in productivity, security, and compliance without incurring the high costs of internal IT departments. This trend highlights the substantial market potential for managed service providers.

Moreover, the demand for cybersecurity solutions has surged, driven by heightened awareness of threats and regulatory requirements. As businesses scale their operations