Microsoft Azure specialist 3Cloud acquires data and analytics company CCG Analytics

Supported by Gryphon Investors, services company Microsoft Azure 3Cloud announced the acquisition of CCG Analytics, a data and analytics consultancy based in Tampa, Florida, and a leading partner of Microsoft. Terms of the contract are not disclosed.

This is the last tech merger and acquisition deal that ChannelE2E has covered so far in 2021. See all tech merger and acquisition deals for 2021 and 2020 listed here.

Microsoft Azure specialist 3Cloud acquires Microsoft CCG Analytics partner

3Cloud is a Microsoft services partner exclusively focused on the Azure platform to help customers build, migrate, modernize and manage their applications, infrastructure, data and analytics in the cloud. The company was founded by former Microsoft executives and is headquartered in Chicago. Both companies are Microsoft Gold Partners and have long-standing relationships with Microsoft sales and engineering.

CCG Analytics is a data and analytics company based in Tampa, Florida. CCG is a leading Microsoft partner and has extensive experience with Azure-based platforms, according to a statement released by the company.

The CCG acquisition builds on the recent acquisition of Polaris Solutions by 3Cloud and will grow 3Cloud’s employee base to more than 400 Azure experts. CCG’s team of strategy, governance, data and analytics consultants will join 3Cloud’s data and analytics, infrastructure and managed services practices, the statement said.

CCG co-founders Dan Phelps and Dan Rodriguez will continue to hold leadership positions within 3Cloud and CCG Board Chairman Tony DiBenedetto will serve as an observer on the 3Cloud Board. , according to the press release.

3Cloud acquires CCG: management commentary

Mike Rocco, CEO and Co-Founder, 3Cloud

Dan Phelps, CEO and Co-Founder, CCG Analytics

Mike Rocco, CEO and co-founder of 3Cloud, commented on the news:

“With the acquisition of CCG Analytics, we are continuing our growth trajectory and strengthening our position as the largest Azure services company in the United States. We are delighted to welcome the world-class CCG team to the 3Cloud organization. Their strength in data governance and strategy, combined with deep data and analytics expertise, reinforces our mission to deliver the ultimate Azure experience to our customers and Microsoft.

Dan Phelps, CEO and Co-Founder of CCG Analytics, added:

“At CCG, we focus on empowering our clients to become more knowledge-driven, gain greater visibility into their business and accelerate their growth. Our team is passionate about solving the most complex data and analytics problems with cloud technology. 3Cloud shares these values, and we are delighted to join them and grow together.

Gabe Stephenson, Managing Director of Gryphon, said:

“This acquisition is highly strategic and makes 3Cloud the most sophisticated service provider in the rapidly growing Microsoft Azure ecosystem. We have been deeply impressed with the business that the CCG team has built and look forward to continuing to work with them.

7 Mile Advisors served as exclusive financial advisor and Kirkland & Ellis served as legal advisor to 3Cloud and Gryphon Investors. Gryphon Investors completed a majority investment in 3Cloud in June 2020.

Alantra acted as exclusive financial advisor to CCG Analytics in this transaction.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *