Navisite Acquires Velocity Technology Solutions Transaction expands and enhances Navisite's market leadership as a managed cloud service provider for mid-market and enterprise companies News provided by Share this article (PRNewsfoto/Navisite) ANDOVER, Mass., Jan. 6, 2021 /PRNewswire/ -- Navisite today announced that it has acquired Velocity Technology Solutions, Inc. ("Velocity"), a global cloud managed service provider (MSP). With this acquisition, Navisite enhances its position as a leader of managed cloud and enterprise resource planning (ERP) services for mid-market and enterprise customers, including a base of both fast-growing and established global brands. Velocity will enhance Navisite's service portfolio through the addition of deep enterprise application expertise and a robust cloud platform that simplifies the migration and management of customer environments across public, private and hybrid clouds. Navisite is executing its customer-focused growth strategy with the continued investment support of Madison Dearborn Partners, a leading private equity investment firm based in Chicago.