Aside from that speculative question, we’re now armed with this fact: ConnectWise and Continuum are coming together. The company’s help desk, NOC and SOC teams help MSPs to scale their businesses. In October 2019, we were excited to announce from The IT Nation Connect mainstage that ConnectWise and Continuum were merging companies… “With size and scale comes economies of scale, breadth of capability. As part of the move, the business automation software specialist has also snapped up ITBoost, in addition to launching a strategic partnership with Webinfinity. On the flip side, rivals such as Kaseya and SolarWinds MSP weighed in with these perspectives on the Continuum buyout. Perch Security also runs an in-house SOC location, and StratoZen has one as well. Pretty massive news. Continuum also offers backup and data protection services for MSPs’ clients. Good job, Joe. Your techs are good at what they do, so let them work on projects that let them shine. ChannelE2E has interviewed Jason Magee, Michael George and ITBoost CEO Ali Peracha in recent days. Hey I want choice, I want to be able to do it myself. You must be a current ConnectWise Manage, ConnectWise Automate, Continuum Fortify or Continuum Command Partner. Continuum Fortify Cybersecurity Solutions & Monitoring Tools. ConnectWise has acquired Continuum and ITBoost. Mark Essayian, president of KME Systems Inc., a Lake Forest, Calif. MSP, is a longtime ConnectWise user and has been using Continuum’s RMM for about a year. ConnectWise’s acquisition of Continuum, … The mega-deal bringing the two managed service titans together has several positives and a few open questions. One mindset of the do it yourselves. Additional moves include a major cybersecurity push as well as a relationship Webinfinity, a key player in partner relationship management. George said Bellini poured his heart and soul into creating a thriving company in ConnectWise … The Tampa, Florida-based provider of professional services and remote monitoring and management tools sold to Thoma Bravo, a firm with extensive technology and security holdings. “You look at the aggregate of this entity in revenue, in footprint, in number of MSPs and TSPs, in product portfolio, in employees, in geography, this is by far the largest provider in the space,” former Continuum CEO Michael George told CRN. It provides the core monitoring services, such as patch management, automated threat detection, and NOC support. Notify me of followup comments via e-mail. 128 comments. The convergence of ConnectWise’s PSA, RMM, and CPQ platform with the service-enabled RMM, security and NOC/SOC and Help Desk from Continuum, IT documentation from ITBoost, … Pandemic … Since ConnectWise is deeply embedded in our business process, the sync between ConnectWise and Continuum is a natural fit. Not sure if ConnectWise Automate or ConnectWise Command is best for your business? Continuum was acquired, and is now supported by ConnectWise… Geoffrey was formerly chief financial officer (CFO) at Continuum, acquired by ConnectWise in October. ConnectWise Command automatically tests and deploys patches to help keep your clients’ systems running like normal. Please stay with this story as there are issues and challenges still ahead. On the other hand, the top reviewer of Continuum Command writes "Easy-to-use interface, simple integration, and good ROI". Some competition with SolarWinds MSP (publicly held but also a Thoma Bravo portfolio company) should also be expected. Once ConnectWise has had Continuum Command for a few years and all the dust has settled, this product will likely shoot back up in recommendations. You can also subscribe without commenting. This merger is tailor-made for the MSP seeking a partnership that can foster profitable growth, enhance business acumen and enable end-to-end services for both you and your clients. As part of the deal, Tampa-based ConnectWise has acquired Boston-based Continuum, which are both owned by private equity juggernaut Thoma Bravo. TAMPA, Fla. (Oct. 30, 2019) – ConnectWise, the leading provider of business automation software for technology solution providers (TSPs), today announced the acquisitions of Continuum … ConnectWise and Continuum Merger: 5 Good Things, 5 Questions and Reactions. Our Tech Advantage services put our techs to work on ad-hoc projects during business hours, after hours, or on weekends to free your team to focus on high-value projects that drive your growth and benefit your clients. For ConnectWise, buying Continuum adds a BDR platform and growing family of security products, which includes anti-virus, firewall, and managed SIEM components, to a solution lineup that has never included backup before and offered only limited security offerings until now. ConnectWise, a provider of software for managed services providers, has acquired its competitor Continuum. ConnectWise, led by CEO Jason Magee, now scales to roughly 30,000 MSPs and partners worldwide. Continuum CEO Michael George, who pioneered outsourced automation services for MSPs, will exit the combined business. Admittedly, the two companies certainly have some overlap in their product and partner base. For roughly two decades, ConnectWise has told MSPs to keep their help desk and NOC services in-house — essentially to ensure tight, front-line communications with end-customers. Terms … The deals unite two of the top MSP software and platform providers in the IT channel, while tucking documentation software into the combined businesses. And then those who have the mindset of hey, I want to hire a general contractor and have someone manage that for me. “This deal will allow ConnectWise to be able to address many pain points and challenges within the technology solution provider world,” Magee told CRN. Perch Security also runs an in-house SOC location, and StratoZen has one as well. That could involve pulling information from BrightGauge, the managed services metrics and reporting vendor acquired by Continuum in 2019, into the ConnectWise Manage PSA system, for instance, or using insights gleaned from one of the security solutions in Continuum… It also gives ConnectWise … Why Continuum + ConnectWise? The new company will operate under the ConnectWise brand name. With Continuum’s fully-integrated IT management platform, you can double your tech utilization, scale your business and tap into new revenue opportunities. The Continuum-ConnectWise integration is … Vetted Review. Don’t settle when it comes to managing your clients’ IT infrastructure. ChannelE2E, in multiple reports, uncovered chatter about both deals in July, September and October (see items 4 and 7). Save my name, email, and website in this browser for the next time I comment. Offer Terms & Conditions. It may also be telling that ConnectWise bought Continuum, despite Thoma Bravo owning the latter since 2017. ConnectWise has become the latest managed service software vendor to sell to a private equity firm. ConnectWise Acquires Continuum: Barracuda MSP, Datto, Kaseya, SolarWinds MSP and Harmony PSA executives offer perspectives on the buyout. The cybersecurity company, which was acquired by Thoma Bravo in February for over $1 billion, has hired a chief … rivals such as Kaseya and SolarWinds MSP weighed in with these perspectives, pioneered outsourced automation services for MSPs, Continuum rebrands its products in a strategy. Thoma Bravo is acquiring ConnectWise, the business management & IT software automation company.Financial terms were not disclosed. View Details. Reports surface that Continuum is for sale. Now that message will evolve, as ConnectWise offers a “have it your way” model to MSPs. ConnectWise has acquired Continuum and ITBoost. In a deal telegraphed by insiders for weeks, ConnectWise typified a series of big announcements with a mega-deal to acquire rival Continuum, likely creating the largest managed … Kaseya and Datto are on notice. Fortify is a Continuum product natively. ConnectWise, Inc., provider of business automation software for technology solution providers (TSPs), announced the acquisitions of Continuum Managed Services LLC and ITBoost, as … In addition, ConnectWise is announcing the departure of two executives from newly acquired Continuum. Read our product descriptions to find pricing and features info. After June 30, 2020 such subscriptions will automatically terminate. Our partners will benefit as I said from now having one vendor, one partner relationship to manage and not two or more,’ former Continuum CEO Michael George tells CRN. The Tampa, Florida-based provider of professional services and … IT NATION CONNECT — ConnectWise delivered some big news Wednesday to kick off its IT Nation Connect conference, announcing the acquisitions of Continuum and ITBoost, as well as a … Hi Denis: Thanks for the note & readership. Magee remains CEO of ConnectWise, and former Continuum CEO Michael George has exited the business after successfully building, shaping and accelerating that organization since 2011. Robert (Bob) Kocis, who had served as Continuum’s CRO since 2016, has chosen … The acquisition was announced at ConnectWise’s annual conference in Orlando on October 30. Tasos Tsolakis, who runs service delivery for Continuum will now be senior vice president of service delivery for the combined company, and a new CFO is coming in from outside. Thoma Bravo’s acquisition of ConnectWise, announced today, is the latest example of private equity eating the MSP software market.But who exactly is Thoma Bravo, and what are the private equity firm’s plans for the MSP (managed IT services provider) software company, particularly as they pertain to partners in the small business market? I’m really looking forward to how they’re going to align the toolsets.”. ConnectWise and Continuum The combined platform represents an opportunity for ConnectWise to serve the much broader TSP market by offering turnkey resources that allow TSPs to sell service offerings, and low start-up costs that enable the creation of new practice areas or even new services start-ups. Every time these MSP oriented companies merge, the product gets worse. We’re watching to see which members of the Continuum leadership team stick with ConnectWise for the long haul. “While I wouldn’t say its overdue, I would say that this is something that would have made sense for quite a while, but it makes the most sense now.”, 30 Notable IT Executive Moves: November 2020, 5 Things To Know About Ingram Micro’s Acquisition By Platinum Equity, Fortinet Buys Network Monitoring Player Panopta To Aid Uptime, Juniper Networks To Buy Intent-Based Networking Leader Apstra. In stark contrast, Continuum is mostly an outsourced IT services business. The thought of taking my two most important tools and having them under the same umbrella for support and maintenance and enhancement and integration I am very much looking forward to that. Once ConnectWise has had Continuum Command for a few years and all the dust has settled, this product will likely shoot back up in recommendations. We had been requesting a better sync since the beginning and as several have indicated in other reviews here, the new sync has been rock solid and so much quicker which makes working on tickets in tandem with the Continuum service desk so much smoother and efficient. Magee said ConnectWise itself remains committed to the “power of choice” meaning their partners will still be able to tap into the 260 plus vendors that integrate into its platform today, but the deal will significantly boost the company’s capabilities around SOC, NOC, and Help Desk, in addition to offering customers a different delivery model. It’s going to allow us to cater and appeal to both of those mindsets.”. ‘It’s two pieces of a puzzle that come together extraordinarily well and naturally. by Joe Panettieri • Feb 25, 2019. ConnectWise is acquiring Continuum. ConnectWise Assist Tech Advantage. ConnectWise, the Tampa-based provider of business automation software for technology solution providers, has announced the acquisitions of Continuum and ITBoost, as well as a strategic partnership with Webinfinity. The two companies together support more than 30,000 MSPs worldwide, easily making ConnectWise the largest player in the market, Magee asserts. We’ll continue to track this closely. Continuum [now ConnectWise] is continuing to meet new needs and solve new problems. Connectwise acquired Continuum. From family IT guys right through to major corporations, including educational and public institutions. With years of experience in tech and private equity, Continuum CEO Michael George spoke with CRN Monday about the news that ConnectWise CEO Arnie Bellini was stepping down as CEO and had sold the company to Thoma Bravo. From easier time entry via stopwatch to easier tracked ticket information and expense reports, the new app is the perfect pocket tool for your business and is available for download on both Apple and Android devices. For instance: Rumors about a potential deal between the two companies have surfaced regularly throughout 2019. Technology Conference Calendar for VARs, MSPs and CSPs, Help Wanted: ChannelE2E Industry Job Board. The Continuum acquisition was announced today by ConnectWise CEO Jason Magee at his company's annual user conference, IT Nation Connect, running from Oct. 30 to Nov. 1 in Orlando, Fla. “One is a ‘do-it-yourself’ approach favoured by ConnectWise MSPs. In addition, ConnectWise announced that it acquired Irving, Texas-based IT documentation software maker ITBoost. Demo or request a trial today. See the latest MSP webinars and demos from Continuum, now a ConnectWise company. Private equity giant Thoma Bravo, which controls a massive chunk of the MSP software market, has owned ConnectWise since February 2019 and Continuum since June 2017. Solve new problems coming together Panettieri • Feb 25, 2019 at 11:31 AM Free Webcast TSPs. Industry Job Board both of those mindsets. ” company ) should also be telling that ConnectWise Continuum... Umbrella of Thoma Bravo go to market we ’ re now armed with this story there. Meeting but we ’ ll be tracking the company integrations closely ; some issues with loading. Corporations, including educational and public institutions George, who pioneered outsourced automation services for ’... Continuum is mostly an outsourced it services business future of Automate considering Continuum has a pretty RMM. 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