SellThis just in: A start-up company, currently working in stealth mode, intends to acquire multiple VARs, integrators and managed service providers. Total combined revenues for the acquired companies will be about $100 million to $120 million.

Alas, our resident blogger can’t share more details until August 25. But he can say this: The start-up sounds well-funded and has a seasoned management team that has previously built at least one major software company. Complete details on August 25. Until then, mum’s the word.

4 Comments on “Start-up Company Plans to Acquire Managed Service Providers and VARs”

  1. TeddyP Says:
    August 25th, 2008 at 9:11 am

    Well? It’s Monday the 25th. Make with the details, tough guy.

  2. The VAR Guy Says:
    August 25th, 2008 at 9:44 am

    @TeddyP: Glad to see you’re tracking The VAR Guy closely and keeping him honest. Our resident blogger will pull back the curtain with details about this start-up company within a couple of hours. Assuming he pumps some coffee into his system first.

  3. You Just Don’t Know! Says:
    August 25th, 2008 at 4:00 pm

    Can’t wait to see what you say! - Now, lets be realistict here! the company is probably Sparxent and it is not realy a secret - there goal is to hammer the midmarket and they are not looking to build a channel - just consume up anyone that may compete and squeeze the rest out!

  4. The VAR Guy Says:
    August 25th, 2008 at 4:19 pm

    So, The VAR Guy assumes you’re not on Sparxent’s shortlist of acquisition targets?

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