Core BTS Acquires Blue Chip Consulting Group

Core BTS Acquires Skyline Technologies

January 1, 2021

IT Services

Core BTS, a Tailwind Capital–backed IT solutions and managed services provider headquartered in Indianapolis, has acquired Skyline Technologies, a Microsoft-focused consulting firm that specializes in cloud consulting, data analytics, and application development. The add-on expands Core BTS’s Microsoft cloud and application development capabilities and brings Skyline’s leadership (CEO Mitch Weckop) into a senior delivery role at Core BTS.

Nomura Research Institute Acquires Core BTS from Tailwind Capital

December 1, 2021

IT Services

Nomura Research Institute (NRI) has agreed to acquire Core BTS, a U.S.-based IT consulting and managed services provider, from Tailwind Capital's Fund III. The deal expands NRI's technology consulting, Microsoft and Cisco capabilities and scale in the United States; Core BTS CEO Paul Lidsky will remain with the company following the transaction.

Core BTS Acquires Microsoft Business Unit of SADA Systems

March 5, 2019

IT Services

Core BTS, a Tailwind Capital-backed IT solutions and managed services provider, has acquired the Microsoft Business Unit of SADA Systems. The deal expands Core BTS's Microsoft cloud, Azure and Office 365 capabilities and adds managed services and user adoption expertise to its portfolio.

3Cloud Acquires BlueGranite

August 15, 2022

Data & Analytics

3Cloud, the largest U.S. Microsoft Azure pure-play services firm, acquired BlueGranite, a 25-year data & analytics consulting firm, to expand its Azure data and analytics capabilities. The acquisition, supported by Gryphon Investors (which holds a majority stake in 3Cloud), increases the combined team's scale to more than 700 Azure experts in the U.S.

BlueAlly Acquires B2B Technologies

July 10, 2023

IT Services

BlueAlly Technology Solutions, a Source Capital portfolio company, has acquired Atlanta-based Microsoft partner B2B Technologies to expand its cloud and Microsoft-focused services. The add-on strengthens BlueAlly's capabilities in Azure, Microsoft 365, application modernization, security and managed services while deepening vendor alliances.

Hudson Hill Capital Acquires Majority Stake in Blue.cloud

March 2, 2022

Cloud & SaaS

Hudson Hill Capital made a majority equity investment in Tampa-based cloud digital transformation firm Blue.cloud at an enterprise value exceeding $100 million. The capital will be used to expand AI capabilities, pursue acquisitions, and scale the team as Blue.cloud builds on a 2021 run-rate of roughly $39 million and a global workforce of about 320 employees.