Crest Rock Partners' portfolio company, Opti9 Technologies, has merged with Canadian IaaS provider HostedBizz, enhancing its service offerings and market reach across North America.
Information on the Target
Opti9 Technologies LLC is a leading managed cloud services provider based in North America, specializing in hybrid cloud solutions, security, and application modernization. With a strong reputation for reliability, Opti9 has successfully built a diverse portfolio of services aimed at facilitating organizations in their digital transformation journeys.
The recent merger with HostedBizz significantly enhances Opti9's capabilities, enabling them to offer a broader range of services and solutions to their clients. HostedBizz is one of Canada's foremost Infrastructure-as-a-Service (IaaS) providers, recognized for its innovative technology and customer-centric approach, having been awarded Veeam's 2021 North America Cloud & Service Provider Rising Star Partner of the Year.
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Industry Overview in Canada
The cloud services industry in Canada has seen substantial growth over the past few years, driven by increased digitalization across businesses of all sizes. Organizations are increasingly shifting to
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Crest Rock Partners
invested in
Opti9 Technologies
in 2022
in a Other Private Equity deal