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Navisite Acquires Velocity Technology Solutions
Navisite, a portfolio company of
Madison Dearborn Partners, has acquired
Velocity Technology Solutions Inc., a global cloud managed service provider (MSP). Navisite aims to enhance its position as a leader of enterprise resource planning (ERP) services for mid-market and enterprise customers.
“Organizations need a technology partner that not only offers modern cloud services and expertise to support their digital transformation goals, but also is capable of delivering right-sized solutions,” says
Mark Clayman, CEO of Navisite. “Every step we’ve taken as a company, including this acquisition, has been focused on being that trusted partner and building a customer-centric portfolio of solutions.”
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
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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