Macquarie Capital and Advencap Acquire Majority Stake in CloudExtel

Wavenet Group (backed by Macquarie) Acquires Excell Group

November 5, 2021

Telecommunications

Wavenet Limited, a Macquarie Capital Principal Finance-backed UK managed service provider, has acquired Excell Group for an undisclosed sum. The add-on strengthens Wavenet's cloud and workspace capabilities, increases its London/southern presence and adds Excell's business-centre infrastructure to Wavenet's portfolio.

Macquarie Capital Principal Finance Makes Strategic Investment in Viatel Technology Group

December 15, 2023

Cloud & SaaS

Macquarie Capital Principal Finance is making a strategic investment in Viatel Technology Group to support the company's organic growth and acquisition-driven expansion. Macquarie will join existing shareholders Chirisa, Quay Ventures and management, with Nick Patrick (Macquarie) joining Viatel's board; the transaction is subject to regulatory approvals and expected to close in early 2024.

Accenture Acquires Excelmax Technologies

July 8, 2024

IT Services

Accenture has acquired Excelmax Technologies, a Bangalore-based semiconductor design services provider, expanding Accenture's silicon design and engineering capabilities. Excelmax brings roughly 450 professionals and expertise across emulation, physical design, analog, logic design and verification to support edge AI, data center and automotive chip design; terms were not disclosed.

iQSTEL Acquires 51% Stake in QXTEL

January 23, 2024

Telecommunications

iQSTEL Inc. has entered into a binding agreement to acquire 51% of the capital stock of QXTEL, a wholesale telecommunications provider with offices across Miami, London, Buenos Aires, Istanbul, Belgrade and Dubai. Management said the deal nearly doubles iQSTEL's revenue, brings new wholesale carrier customers and executive talent, and will be integrated to drive operating efficiencies and margin expansion.

Megaport Acquires Extreme IX

December 17, 2025

Telecommunications

Megaport Limited (ASX: MP1) has acquired Extreme IX from Extreme Labs, giving Megaport control of seven Internet Exchanges and connectivity into 40+ data centres across major Indian metros. The deal accelerates Megaport's entry into India by nearly three years, expands its global NaaS footprint to 27 countries, and enables integration of Megaport services (cloud connectivity, DCI, virtual edge) across the Indian market.

nClouds Acquires Cloudnexa

October 5, 2023

Cloud & SaaS

nClouds, an AWS Premier Tier Services Partner, has acquired Cloudnexa, another AWS Premier partner, to combine cloud operations, security and compliance capabilities. The deal—completed by nClouds (which is backed by Charles Thayne Capital)—creates one of the largest pure-play AWS partners in North America and strengthens the combined firm's offerings across public sector, healthcare, fintech and other industries.