Rackspace Acquires Onica from Sunstone Partners
November 5, 2019
Rackspace acquired Onica, an AWS Premier Consulting Partner and managed services provider, from Sunstone Partners in a transaction announced November 2019 and expected to close in Q4 2019. Onica had grown to more than 350 consultants across North America after Sunstone’s 2017 investment; the acquisition strengthens Rackspace’s AWS managed cloud capabilities and cloud-native consulting footprint.
- Buyers
- Rackspace
- Targets
- Onica
- Sellers
- Sunstone Partners
- Industry
- Cloud & SaaS
- Location
- California, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Tailwind Capital Acquires Onix Networking Corporation
July 1, 2022
IT Services
Tailwind Capital has partnered with Onix Networking Corporation in a transaction to support Onix's next phase of growth and build a leading Google Cloud partner. The investment will fund expansion of Onix's advanced services (including consulting, application development, data & analytics and managed services) and enable a strategy of scaling globally and pursuing add-on acquisitions.
-
Onix Acquires Datametica
October 5, 2023
Data & Analytics
Onix has acquired Datametica, an IP-driven consulting firm focused on data migration, modernization and analytics, to accelerate its data and Generative AI capabilities. The transaction was primarily financed by Onix investor Tailwind Capital and brings additional proprietary products and expertise to Onix’s Google Cloud-centered services offering.
-
Sunstone Partners Merges Cloudbakers and Qwinix
May 25, 2021
Cloud & SaaS
Sunstone Partners announced a combination of Google Cloud partners Cloudbakers LLC and Qwinix Technologies, Inc., creating a larger Google Cloud-focused professional and managed services provider. Cloudbakers (a Sunstone portfolio company) and Qwinix will operate as a combined business with more than 225 team members and a client base of over 300 organizations to deliver end-to-end Google Workspace and Google Cloud services.
-
Thrive Acquires U.K.-Based ONI
June 3, 2021
IT Services
Thrive, a Foxborough-based NextGen managed services provider backed by Court Square Capital Partners, has acquired ONI Ltd, a Luton-based U.K. cloud, hybrid managed IT, Cisco Gold Partner and data center services provider. The deal expands Thrive's geographic footprint into the U.K. and adds ONI's WAN, unified communications and Tier 3+ data center capabilities to Thrive's NextGen portfolio.
-
Sunstone Partners Makes Growth Investment in Cloudbakers
October 20, 2020
Cloud & SaaS
Sunstone Partners completed a growth capital investment in Cloudbakers, a Chicago-based Google Cloud Premier Partner, to accelerate Cloudbakers' cloud-native consulting and managed services growth. Sunstone partners will join Cloudbakers' board to provide strategic and operational guidance as the company expands its Google Cloud Platform technical consulting and managed services offerings.
-
Reveal Acquires Onna Technologies
May 7, 2024
Software
Reveal, a Chicago-based provider of AI-powered eDiscovery and investigations software, has acquired Onna Technologies, a New York–based company that provides data-collection and management connectors for cloud collaboration platforms. The acquisition expands Reveal’s platform by integrating Onna’s unstructured-data collection, analysis and connector capabilities to improve defensible collection and streamline review-to-insight workflows for enterprise legal teams.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.