11:11 Systems Acquires Sungard Availability Services' Recovery and Cloud Managed Services Businesses

November 3, 2022

11:11 Systems has completed the acquisitions of Sungard Availability Services’ Recovery Services business and Cloud and Managed Services (CMS) business, integrating the brands into 11:11’s suite of cloud, connectivity and security solutions. The deal — executed with backing from Tiger Infrastructure Partners — expands 11:11’s capabilities and customer footprint, positioning the company as a market leader in managed infrastructure and resilience services.

Buyers
11:11 Systems, Tiger Infrastructure Partners
Targets
Sungard Availability Services (Recovery Services business), Sungard Availability Services (Cloud and Managed Services business)
Sellers
Sungard Availability Services
Industry
IT Services
Location
Pennsylvania, United States
Transaction Type
Divestiture

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