Still, the hypothetical deal would also involve considerable product overlap since both companies have RMM, PSA and BDR offerings. Receive notification when applications open for lists and awards. Instead, ConnectWise and Continuum found clear synergies between their IT automation and business management software, and outsourced automation services, Magee and George assert. ConnectWise, the Tampa-based software provider that was acquired in a massive deal for over $1 billion, isn’t done growing. It’s going to allow us to cater and appeal to both of those mindsets.”. ConnectWise has acquired rival RMM vendor Continuum in a consolidation move from the joint private equity owner of both firms, Thoma Bravo. Continuum Fortify Cybersecurity Solutions & Monitoring Tools. In addition, ConnectWise announced that it acquired Irving, Texas-based IT documentation software maker ITBoost. Unique industry intelligence, management strategies and forward-looking insight delivered bi-monthly. If I were in the MSP space today. Admittedly, that’s a highly speculative question. ConnectWise Assist Tech Advantage. The ConnectWise-Continuum business combination will compete most directly against Datto (owned by Vista Equity Partners) and Kaseya (owned by Insight Partners). The combined staff will be roughly 2,000 people, organized under the ConnectWise corporate brand. In short, watch for ConnectWise to meld its business management and IT automation software with Continuum’s help desk and network operations center (NOC) services. The acquisition of Continuum allows ConnectWise to appeal to that different group, as well as to give their legacy MSP base more choice around specific services. The deals unite two of the top MSP software and platform providers in the IT channel, while tucking documentation software into the … Hey I want choice, I want to be able to do it myself. ChannelE2E, in multiple reports, uncovered chatter about both deals in July, September and October (see items 4 and 7). The Continuum-ConnectWise integration is … Pandemic … In addition to Continuum, ConnectWise acquired another MSP, ITBoost. The top reviewer of ConnectWise Automate writes "Saves us a lot of time and money; some issues with menu loading". Connectwise acquired Continuum. Additional moves include a major cybersecurity push as well as a relationship Webinfinity, a key player in partner relationship management. Last year we were concerned about ransomware, and Continuum provided the solution we needed, when we needed it. However, the private equity firm did not dictate this deal, Magee tells ChannelE2E. Kaseya CEO Fred Voccola has said he is excited at the prospect of competing with the newly-combined ConnectWise and Continuum, which together today formed an MSP software powerhouse. Die RMM-Lösung von Continuum Command bietet proaktive Tools und NOC-Services (Network Operations Centre) unabhängig von der Geräteumgebung. Your email address will not be published. Robert (Bob) Kocis, who had served as Continuum’s CRO since 2016, has chosen … ConnectWise and Continuum: The combined platform represents an opportunity for ConnectWise to serve the much broader TSP market by offering turn-key resources that allow TSPs to sell service offerings immediately, and low startup costs that enable the creation of new practice areas or even new services startups. 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. Read this authenticated review . 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. Steve Tytgat, Founder and Managing Director, Tyneso… ConnectWise Automate is most compared with SCCM, Kaseya VSA, SolarWinds MSP N … George -- who took the troubled Zenith Technology and over eight years transformed it into Continuum -- is widely considered to be a thought leader in the technology space, not only in the MSP field, but in artificial intelligence and machine learning. Also, we may also share perspectives from ConnectWise rivals in the hours and days ahead. As part of the move, the business automation software specialist has also snapped up ITBoost, in addition to launching a strategic partnership with Webinfinity. It provides the core monitoring services, such as patch management, automated threat detection, and NOC support. ConnectWise Acquires Continuum and IT Boost, announces ConnectWise Engage, powered by WebInfinity to offer a complete solution stack to technology solution providers Keep us honest. 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 CEO Jason Magee will lead the combined company. Security at Continuum Drew is an innovative, results-driven, transformational security leader with proven success developing and implementing metric-driven business models. share. Don’t settle when it comes to managing your clients’ IT infrastructure. ConnectWise Command by Continuum Remove. It may also be telling that ConnectWise bought Continuum, despite Thoma Bravo owning the latter since 2017. Verified … But the potential synergies are also clear. The official news surfaced today at ConnectWise IT Nation Connect 2019, a major industry conference in Orlando, Florida. In October 2019, we were excited to announce from The IT Nation Connect mainstage that ConnectWise and Continuum were merging companies… This will probably be even worse than most. 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. Dale Bradford. 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. By Geoffrey Willison. This is the largest, now dominant platform in the market. 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. ConnectWise, a provider of software for managed services providers, has acquired its competitor Continuum. Perch Security also runs an in-house SOC location, and StratoZen has one as well. Read our product descriptions to find pricing and features info. 128 comments. Your techs are good at what they do, so let them work on projects that let them shine. Robert (Bob) Kocis, who had served as Continuum’s CRO since 2016, has chosen … Continuum CEO Michael George, who pioneered outsourced automation services for MSPs, will exit the combined business. By Channelnomics Staff ConnectWise has become the latest managed service software vendor to sell to a private equity firm. View Details. ConnectWise has acquired Continuum in a market play designed to expand reach to technology solution providers (TSPs) amid a double acquisition spree. Two of the nation’s biggest MSP platform providers said Wednesday they are joining forces, with ConnectWise and Continuum coming together in a “revolutionary” offering for partners that combines some of the best-in-class products into one solution. Leap Managed IT Information Technology and Services, 11-50 employees. 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, the managed services software maker and pioneer of integrated product suites for MSPs, has acquired master MSP Continuum and managed services documentation vendor ITBOOST. Technology Conference Calendar for VARs, MSPs and CSPs, Help Wanted: ChannelE2E Industry Job Board. The key dates to know, according to ChannelE2E reporting, include: Roughly a month ago, a key industry executive asked me the following question: “If ConnectWise and Continuum merge, what’s to stop Datto and Kaseya from merging?”. Whether you’re talking to prospects or clients, we provide you with the right insights and data to support your cybersecurity conversation. The new company will operate under the ConnectWise brand name. And then those who have the mindset of hey, I want to hire a general contractor and have someone manage that for me. ConnectWise and Continuum: The combined platform represents an opportunity for ConnectWise to serve the broader TSP market by offering turn-key resources that allow TSPs to sell service offerings immediately, and low startup costs that enable the creation of new practice areas or even new services startups. ConnectWise and Continuum: The combined platform represents an opportunity for ConnectWise to serve the much broader TSP market by offering turn-key resources that allow TSPs to sell service offerings immediately, and low startup costs that enable the creation of new practice areas or even new services startups. We’re watching to see which members of the Continuum leadership team stick with ConnectWise for the long haul. “This will also allow ConnectWise to cater to the two mindsets out there. 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. Continuum Command bietet RMM … ‘It’s two pieces of a puzzle that come together extraordinarily well and naturally. So I am not worried about that. “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. ConnectWise, a provider of software for managed services providers, has acquired its competitor Continuum. … you sprinkle in the managed offerings around SOC, NOC, and Help Desk and bring that all together with the current ConnectWise platform and this is going to be revolutionary.”. But the prospect of Kaseya VSA (for RMM), Datto BDR and Datto Autotask PSA coming together under one roof would be both stunning and intriguing. Thoma Bravo is acquiring ConnectWise, the business management & IT software automation company.Financial terms were not disclosed. Excellent reportage. Terms … ConnectWise’s acquisition of Continuum, … Continuum was acquired, and is now supported by ConnectWise… Manager in … The deal, whose terms are undisclosed, unites two companies already under the private equity umbrella of Thoma Bravo. Coronavirus Update. ConnectWise and Continuum: The combined platform represents an opportunity for ConnectWise to serve the much broader TSP market by offering turn-key resources that allow TSPs to … Fortify is a Continuum product natively. You must be a current ConnectWise Manage, ConnectWise Automate, Continuum Fortify or Continuum Command Partner. ConnectWise acquires Continuum. The new company will operate under … July 16, 2019. He brings an extensive background in corporate finance, financial planning … Announced by CEO Jason Magee (pictured), the blockbuster deals add BDR, security, and documentation to a lineup that already included RMM, PSA, quoting, and remote control, positioning ConnectWise to offer one of the industry’s most complete portfolios for MSPs. ConnectWise Automate is rated 7.6, while Continuum Command is rated 9.0. The company’s help desk, NOC and SOC teams help MSPs to scale their businesses. 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 service platform in the industry. Continuum RMM at a Glance. The potential synergies are clear. In a flurry of acquisition and partnership announcements this week, ConnectWise CEO Jason Magee said he plans to position the vendor as "the epicenter for everything from business management and documentation to service delivery and operations … 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, … Security for you. I couldn’t imagine a better platform to go to than this one.”. IT channel news with the solution provider perspective you know and trust sent to your inbox. Guiding VARs, MSPs, CSPs, Total Service Providers (TSPs) s & Strategic IT Service Providers: From Entrepreneur to Exit. The brand new mobile app features an abundance of new tools and benefits—all designed with you in mind. 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. You can also subscribe without commenting. Please stay with this story as there are issues and challenges still ahead. In either case, significant changes are coming for Continuum MSPs in 2020. About ConnectWise Command. Security threats continue to grow, and your clients are most likely at risk. The History of Continuum, a ConnectWise Company. ConnectWise has acquired Continuum and ITBoost. ConnectWise and ITBoost: ConnectWise’s acquisition of ITBoost brings an IT documentation tool to the ConnectWise … Geoffrey was formerly chief financial officer (CFO) at Continuum, acquired by ConnectWise in October. 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. Safety for your clients. Enter Continuum Fortify, a ConnectWise solution—the advanced cybersecurity solution you need to deliver the managed detection and response protection your clients require. TAMPA, Fla. (Oct. 30, 2019) – ConnectWise, the leading provider of business automation software for technology solution providers (TSPs), today announced the acquisitions of Continuum … You will receive a free remote workforce license until June 30, 2020. UPDATED 9/23/20: Tech Community Pushes Forward Amid Crisis. Demo or request a trial today. October 31, 2019. 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. Exceed their expectations with Continuum Command, a ConnectWise solution, our MSP RMM software that provides proactive tools and NOC services—regardless of device environment. Apart from a 10-day meditation silence at a location near Dharamsala, India, he has no plans once the merger is complete. Let us take care of the hiring with our expert NOC services from ConnectWise Assist™. 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. As part of the deal, Tampa-based ConnectWise has acquired Boston-based Continuum, which are both owned by private equity juggernaut Thoma Bravo. Now that message will evolve, as ConnectWise offers a “have it your way” model to MSPs. Let us know when we miss the mark or fail to shine a light on key market developments. 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. Continuum [now ConnectWise] is continuing to meet new needs and solve new problems. 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. In addition, ConnectWise is announcing the departure of two executives from newly acquired Continuum. ConnectWise will start 2020 with an almost entirely new C-level team. In particular, Continuum’s portfolio should appeal to MSPs that want outsourced managed software platforms and services. Every time these MSP oriented companies merge, the product gets worse. Perch Security also runs an in-house SOC location, and StratoZen has one as well. Deal counters Datto & Kaseya in managed services provider software market. Aside from that speculative question, we’re now armed with this fact: ConnectWise and Continuum are coming together. Close the Skills Gap. ConnectWise, Inc., provider of business automation software for technology solution providers (TSPs), announced the acquisitions of Continuum Managed Services LLC and ITBoost, as … Continuum, a ConnectWise Company, offers MSPs powerful, reliable IT management and managed service (MSP) software solutions. Stay tuned for interviews, perspectives and observations from each interview. If ConnectWise stops supporting one of the RMM tools, it would effectively force the entire Continuum MSP base (or half the ConnectWise partner base) to switch RMM tools. Magee will lead the combined organization moving forward which will boast 2,000 employees, 16 offices, and more than 30,000 MSP customers around the world. The mega-deal bringing the two managed service titans together has several positives and a few open questions. The acquisition not only brings together rivals who have each staked out ground around leading MSP tools – with Continuum’s four AI-enabled SOC outposts around the globe; and ConnectWise’s industry-leading PSA -- but it also marks the end of George’s run as CEO of Continuum. by Joe Panettieri • Feb 25, 2019. Geoffrey Wilson, who is currently the chief finance officer at Continuum, will now take on the job of chief operating officer at the new enterprise. It also gives ConnectWise the opportunity to serve TSPs that operate using Continuum… Your email address will not be published. Read full review. Apply For the Managed Service Providers 500, Dell Technologies Storage Learning Center, Symantec Business Security Learning Center, Dell Technologies World Digital Experience 2020. But … Continuum’s SOC and BDR (backup and disaster recovery) platforms will also play key roles going forward — though Magee has vowed to keep the ConnectWise ecosystem open to software rivals. Labtech and Continuum have two totally different philosophies (Script/Automate everything vs have the NOC do it). All contents © 2020 ChannelE2E and After Nines Inc. The company also announces a strategic partnership and an industry-wide initiative . “One is a ‘do-it-yourself’ approach favoured by ConnectWise MSPs. Vetted Review. Notify me of followup comments via e-mail. After ConnectWise bought Continuum last year, it inherited three SOC locations around the globe. 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. Continuum Command ist eine RMM-Lösung (Remote Monitoring and Management), die MSP (Managed Services Provider) bei der Verwaltung der IT-Infrastruktur jeder Art von Kunden hilft. This offer is valid via the online form only. I’m really happy with what Continuum has done on the security side. “There are two different mindsets among MSPs,” Magee said. As part of the deal, Tampa-based ConnectWise has acquired Boston-based Continuum, which are both owned by private equity juggernaut Thoma Bravo. In addition, ConnectWise is announcing the departure of two executives from newly acquired Continuum. It’s hard finding and keeping quality IT talent. by Joe Panettieri • Feb 25, 2019. 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. ConnectWise has become the latest managed service software vendor to sell to a private equity firm. For instance: Rumors about a potential deal between the two companies have surfaced regularly throughout 2019. Financial terms of the deal were not disclosed. Published: 30 Oct 2019. Kaseya and Datto are on notice. Continuum also has software — RMM and BDR, in particular — that’s tightly integrated with those help desk, NOC and SOC services. “These are two great companies that have been together for a long while,” he said. Offer subject to ConnectWise standard licensing terms. -jp. The Tampa, Florida-based provider of professional services and … But the challenges — involving integrations, product overlap and more — are also quite clear. Pretty massive news. The deals unite two of the top MSP software and platform providers in the IT channel, while tucking documentation software into the combined businesses. Why Continuum + ConnectWise? Our collective MSPs benefit from having that as their empowerment platform to go to market. 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 … “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. Starting Price: Not provided by vendor Not provided by vendor Best For: For IT Managed Service Provider (MSPs), RMM software to manage your clients IT so you can protect your business. 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 also gives ConnectWise … Continuum also offers backup and data protection services for MSPs’ clients. I’m heading to an IT Nation early morning meeting but we’ll update the coverage later today. He said he sees the acquisition as a massive win for his business. Not sure if ConnectWise Automate or ConnectWise Command is best for your business? You realize Connectwise bought Labtech right? Covid-19 Resources. Save my name, email, and website in this browser for the next time I comment. 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. ConnectWise and Continuum Merger: 5 Good Things, 5 Questions and Reactions. 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. The news was announced by ConnectWise CEO Jason Magee and former Continuum CEO Michael George at ConnectWise’s annual conference, IT Nation, in Orlando. Reports surface that Continuum is for sale. 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 … Through Continuum’s managed detection and response offerings, TSPs can leverage features like login and Office 365 monitoring, dark web scanning, and SOC-supported cybersecurity for their own internal environments. 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Case, significant changes are coming together • Feb 25, 2019 at 11:31 AM Free Webcast what do.

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