ConnectWise Accelerates Next Generation of Data Protection and Cybersecurity for MSPs with Acquisitions of Axcient and SkyKick
September 10 2024 - 3:00PM
ConnectWise, a leading software company dedicated to the success of
managed service providers (MSPs), today announced it has entered
into a definitive agreement to acquire Axcient, an award-winning
provider of data protection and disaster recovery solutions, with
the transaction expected to close in the coming weeks. In addition,
ConnectWise has acquired SkyKick, a pioneer and leader in cloud
backup and management software. These acquisitions significantly
enhance ConnectWise's cybersecurity and data protection offerings,
reinforcing the critical role of data protection as the last line
of defense against cyber threats such as ransomware and phishing.
"At ConnectWise, we are committed to delivering innovative
solutions that empower MSPs to drive profitability and efficiency,"
said Jason Magee, CEO of ConnectWise. "By integrating Axcient and
SkyKick into the ConnectWise portfolio, we are offering MSPs a
complete technology stack that improves both data protection and
cybersecurity. This integration empowers MSPs to safeguard clients
with confidence and scale their businesses."
Key benefits for MSPs include:
- Enhanced Data Protection for
MSPs and SMB Clients: Data protection is critical to MSPs.
Axcient’s trusted Business Continuity and Disaster Recovery (BCDR)
solutions and SkyKick’s Microsoft 365 Cloud Backup empower MSPs to
fortify cybersecurity and data resilience, ensuring protection
against evolving threats.
- Comprehensive Technology
Offering: MSPs gain access to a complete suite of
purpose-built solutions from a single proven provider, including
professional services automation (PSA), remote monitoring and
management (RMM), cybersecurity, and data protection underpinned by
generative AI and robotic process automation (RPA).
- Seamless
Integration: Axcient’s and SkyKick’s integration into the
ConnectWise Asio® platform will streamline management, reduce
operational complexity, and enable MSPs to focus on growing their
businesses.
- Ongoing Innovation and
Commitment: ConnectWise is dedicated to driving innovation
across its expanded portfolio while maintaining strong support for
Axcient and SkyKick partners, ensuring an enhanced 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
significant alignment between our companies, and this acquisition
strengthens our combined offerings. We’re excited about the
opportunities ahead to further empower MSPs on a global scale."
"SkyKick's mission is to help MSPs worldwide build a more
successful cloud business, and we are excited to continue to
deliver on that shared vision of partner success with ConnectWise,"
said Todd Schwartz, co-CEO of SkyKick. "We're thrilled to join
ConnectWise and accelerate the innovation of our data protection
and security products and enable MSPs to protect their customers'
data and applications more efficiently," 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 insights on how these acquisitions enhance data
resilience and cybersecurity, explore our latest blog post. Raymond
James acted as the exclusive financial advisor to SkyKick for this
transaction.
About ConnectWise:
ConnectWise is a leading IT management and business automation
software provider dedicated to helping MSPs manage their
businesses, protect clients, and grow efficiently. The ConnectWise
Asio platform, with its modern UX, open APIs, and extensive
automation and AI capabilities, empowers MSPs with the tools they
need to succeed in today’s competitive landscape.
About Axcient:
Axcient is an award-winning provider of Business Continuity and
Disaster Recovery (BCDR) solutions, offering advanced cloud-based
data protection services that ensure businesses can recover quickly
from disruptions. Axcient's commitment to product innovation and
strong partner support has 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’s products help migrate,
back up, manage, and secure customers in the cloud.
Contact Information: Inkhouse for
ConnectWiseconnectwise@inkhouse.com