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
Explore More
Related Acquisitions
-
Carbon60 Acquires Cirrus9
December 17, 2019
IT Services
Carbon60, a PE-backed managed cloud services provider, has acquired Cirrus9, a Saint John, New Brunswick-based managed cloud and hosting provider, to establish an Atlantic Canada presence and create a national footprint. The deal, completed with support from advisor RBC, expands Carbon60’s managed public/private cloud, hosting and security capabilities for Canadian enterprise and public-sector clients.
-
Carbon60 Acquires OpsGuru
May 13, 2021
IT Services
Carbon60, a Canadian managed cloud hosting provider backed by M/C Partners, has acquired OpsGuru, a Vancouver-based multi-cloud and DevOps consultancy. The deal expands Carbon60's multi-cloud transformation and managed services capabilities across AWS, Azure and Google Cloud, creating a combined organization of more than 160 employees.
-
M|C Partners Makes Growth Investment in Consortium Networks
January 24, 2024
Cybersecurity
M|C Partners has made a strategic growth investment in Consortium Networks to accelerate the cybersecurity firm's growth, expand talent acquisition, sales, technical expertise, and vendor partnerships. As part of the transaction, cybersecurity veteran Nate Ungerott was appointed CEO; founders Larry Pfeifer and Tim Murphy remain materially invested and on the board. Terms were not disclosed.
-
M/C Partners Makes Growth Investment in QOS Networks
September 21, 2020
Telecommunications
M/C Partners, a private equity firm focused on communications and technology services, has completed a growth equity investment in QOS Networks. The capital will support QOS Networks' expansion of its Intelligent Network platform, accelerate product development (including security-as-a-service and end-user network management), and scale its global managed SD-WAN and edge network services.
-
CarbonWeb Acquires Green Llamas Consulting
December 17, 2025
IT Services
CarbonWeb has acquired Ontario-based Green Llamas Consulting to expand its monday.com implementation, integration, and managed-services capacity across North America. The Green Llamas team will remain intact as it integrates with CarbonWeb to improve delivery speed, service availability, and technical depth for clients deploying the monday.com platform.
-
66degrees and Pandera Systems Merge with Growth Investment from Sunstone Partners
October 25, 2022
Cloud & SaaS
Cloud professional services firms 66degrees and Pandera Systems have merged and received additional growth equity from Sunstone Partners to create the second-largest pure-play Google Cloud services firm in North America. The combined business expands 66degrees' data & analytics, cloud migration, security and application modernization capabilities and will have roughly 500 employees across offices in Denver, Chicago, Orlando and India.
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.