Crest Rock Partners Invests in CloudNine

Crest Rock-backed Opti9 Technologies Merges with HostedBizz

May 31, 2022

IT Services

Crest Rock Partners’ portfolio company Opti9 Technologies has merged with HostedBizz, a Canadian IaaS platform provider, expanding Opti9’s hybrid cloud footprint and Canadian coverage. The combination brings HostedBizz’s partner network and IaaS capabilities into Opti9 to accelerate managed cloud, backup/disaster recovery, and security offerings across North America.

Crest Rock Partners Makes Strategic Growth Investment in Pitcher

May 25, 2022

Cloud & SaaS

Denver-based private equity firm Crest Rock Partners has made a strategic growth investment in Pitcher, a Zürich-headquartered sales enablement platform. The capital will be used to accelerate product innovation — including AI and data analytics capabilities — and to support global expansion of Pitcher's SaaS sales and revenue enablement platform.

Canopy Capital Partners Acquires Majority Stake in Cloud 9 Services

February 15, 2022

Infrastructure

Canopy Capital Partners, a Tampa-based private equity firm, acquired a majority stake in Cloud 9 Services (Orlando), a specialist underground water and sewer infrastructure contractor. The founders Rick and Lucy Fender remain involved while day-to-day operations will be led by promoted President Curtis Walker as Canopy positions Cloud 9 as a platform for growth; the deal closed January 31, 2022.

CloudNine Acquires ESI Analyst

August 25, 2021

Software

CloudNine, a Crest Rock Partners-backed eDiscovery software provider, acquired ESI Analyst to integrate modern-data forensic and analytics capabilities (mobile, chat, social, text, computer activity, financial data) into its platform. ESI Analyst founder Trent Livingston joined CloudNine as Chief Technology Officer as part of the transaction, which is an add-on to the Crest Rock-backed CloudNine platform to expand product capability for law firms, corporate legal teams, government and service providers.

Crest Rock Partners Makes Strategic Growth Investment in Jelecos

May 4, 2021

IT Services

Denver-based private equity firm Crest Rock Partners announced a strategic growth investment in Jelecos, an Omaha-headquartered AWS-focused technology consulting company. The undisclosed transaction will provide capital and guidance to help Jelecos expand its AWS competencies, hire additional certified technical experts, broaden service offerings, and enter new geographies; Layer 7 Capital arranged the transaction.

Crest Rock Partners Majority Investment in Webair

January 11, 2021

Cloud & SaaS

Denver-based private equity firm Crest Rock Partners made a majority investment in Webair Internet Development Company, Inc., a Garden City, New York–headquartered cloud-agnostic orchestration and managed cloud services provider. The investment will support Webair's growth and expansion of its managed cloud, DRaaS, BaaS and infrastructure management offerings while founders and management remain invested alongside Crest Rock.