M/C Partners Acquires Carbon60 Networks and Gossamer Threads to Form Carbon60 Platform
January 8, 2019
Boston-based private equity firm M/C Partners has acquired Toronto-based Carbon60 Networks and Vancouver-based Gossamer Threads, combining the two managed cloud services providers under the Carbon60 Networks name. The deal provides liquidity to selling shareholders and injects growth capital to scale the combined platform across Canada, expand technical capabilities (AWS/Azure/private cloud) and pursue further strategic acquisitions.
- Buyers
- M/C Partners
- Targets
- Carbon60 Networks, Gossamer Threads (GT.net)
- Sellers
- Selling shareholders
- Platforms
- Carbon60 Networks
- Industry
- IT Services
- Location
- Ontario, Canada
- Transaction Type
- Buyout
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