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ConnectWise Accelerates Next-Generation Data Protection and Cybersecurity for MSPs with Acquisitions of Axcient and SkyKick

Posted on by darion

TAMPA, Fla., Sept. 10, 2024 (GLOBE NEWSWIRE) — ConnectWisea leading software company dedicated to supporting the success of managed service providers (MSPs), today announced that it has entered into a definitive agreement to acquire Livingaward-winning data protection and disaster recovery solutions provider, with the transaction expected to close in the coming weeks. Additionally, ConnectWise acquired SkyKick, a pioneer and leader in cloud backup and management software. These acquisitions significantly strengthen ConnectWise’s cybersecurity and data protection offerings, reinforcing its critical role as the last line of defense against cyber threats such as ransomware and phishing.

“At ConnectWise, we are committed to delivering innovative solutions that enable MSPs to increase profitability and efficiency,” said Jason Magee, CEO of ConnectWise. “By integrating Axcient and SkyKick into the ConnectWise portfolio, we offer MSPs a complete technology stack that improves both data protection and cybersecurity. This integration enables MSPs to protect their customers with confidence and scale their businesses.”

Key benefits for SMEs include:

  • Enhanced data protection for MSP and SMB customers: Data protection is critical for MSPs. Axcient’s trusted Business Continuity and Disaster Recovery (BCDR) and SkyKick’s Microsoft 365 Cloud Backup solutions enable MSPs to strengthen cybersecurity and data resilience, providing protection against evolving threats.
  • Comprehensive technological offer:Managed Service Providers (MSPs) gain access to a complete set of purpose-built solutions from a single, proven vendor, including professional services automation (PSA), remote monitoring and management (RMM), cybersecurity and data protection powered by generative artificial intelligence (AI), and robotic process automation (RPA).
  • Seamless integration:Axcient and SkyKick Integration with ConnectWise Asia® The platform will streamline management, reduce operational complexity, and allow managed service providers (MSPs) to focus on growing their businesses.
  • Continuous innovation and commitment:ConnectWise is committed to driving innovation across its extensive portfolio while providing strong support to our Axcient and SkyKick partners, allowing us to deliver an even better customer experience.

“Axcient has experienced tremendous growth through our long-standing partnership with ConnectWise,” said Rod Mathews, CEO of Axcient. “Our shared commitment to partner success has created a significant fit between our companies, and this acquisition strengthens our combined offerings. We are excited about the opportunities ahead to further empower MSPs on a global scale.”

“SkyKick’s mission is to help MSPs around the world build more successful cloud businesses, and we’re excited to continue to deliver on this shared vision of partner success with ConnectWise,” said Todd Schwartz, SkyKick co-CEO. “We’re excited to join ConnectWise and accelerate innovation in our data protection and security products, and enable MSPs to better protect their customers’ data and applications,” said Co-CEO Evan Richman.

Axcient and SkyKick customers will continue to receive full support for their deployments, while existing ConnectWise partners can seamlessly integrate these solutions into their technology stack. For more information on how these acquisitions enhance data resiliency and cybersecurity, check out our latest blog postRaymond James acted as exclusive financial advisor to SkyKick in this transaction.

About ConnectWise:

ConnectWise is a leading provider of IT management and business automation software dedicated to helping MSPs manage their businesses, protect their customers, and grow efficiently. The ConnectWise Asio platform, with its modern UX, open APIs, and extensive automation and AI capabilities, equips MSPs with the tools they need to succeed in today’s competitive environment.

About Axcient:

Axcient is an award-winning Business Continuity and Disaster Recovery (BCDR) provider offering advanced cloud data protection services that provide businesses with the ability to quickly recover from disruptions. Axcient’s commitment to product innovation and strong partner support have earned it a trusted reputation among MSPs.

About SkyKick:

SkyKick, headquartered in Seattle, is an award-winning global provider of cloud management software for IT service providers, with additional offices in Amsterdam and Sydney. Trusted by thousands of customers worldwide, SkyKick products help migrate, backup, manage and secure customers in the cloud.

Contact information: Inkhouse for ConnectWise
connect with [email protected]

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