continuum bought by connectwise

ConnectWise Automate is most compared with SCCM, Kaseya VSA, SolarWinds MSP N … The thought of taking my two most important tools and having them under the same umbrella for support and maintenance and enhancement and integration I am very much looking forward to that. ConnectWise, a provider of software for managed services providers, has acquired its competitor Continuum. ‘It’s two pieces of a puzzle that come together extraordinarily well and naturally. Kaseya and Datto are on notice. “Whether it’s the growing pains of talent and skill shortages, it will help accelerate ConnectWise and push ConnectWise further into the cyber security realm. By Geoffrey Willison. Every time these MSP oriented companies merge, the product gets worse. Continuum RMM at a Glance. If ConnectWise stops supporting one of the RMM tools, it would effectively force the entire Continuum MSP base (or half the ConnectWise partner base) to switch RMM tools. For ConnectWise, buying Continuum adds a BDR platform and growing family of security products, which includes anti-virus, firewall, and managed SIEM components, to a solution lineup that has never included backup before and offered only limited security offerings until now. Since ConnectWise is deeply embedded in our business process, the sync between ConnectWise and Continuum is a natural fit. The convergence of ConnectWise’s PSA, RMM, and CPQ platform with the service-enabled RMM, security and NOC/SOC and Help Desk from Continuum, IT documentation from ITBoost, … The Continuum acquisition was announced today by ConnectWise CEO Jason Magee at his company's annual user conference, IT Nation Connect, running from Oct. 30 to Nov. 1 in Orlando, Fla. ConnectWise Assist Tech Advantage. July 16, 2019. Fortify is a Continuum product natively. Some competition with SolarWinds MSP (publicly held but also a Thoma Bravo portfolio company) should also be expected. Starting Price: Not provided by vendor Not provided by vendor Best For: For IT Managed Service Provider (MSPs), RMM software to manage your clients IT so you can protect your business. Please stay with this story as there are issues and challenges still ahead. But the potential synergies are also clear. Read this authenticated review . It provides the core monitoring services, such as patch management, automated threat detection, and NOC support. Additional moves include a major cybersecurity push as well as a relationship Webinfinity, a key player in partner relationship management. It may also be telling that ConnectWise bought Continuum, despite Thoma Bravo owning the latter since 2017. “There are two different mindsets among MSPs,” Magee said. Combined Thoma Bravo companies serve 30,000 MSPs. Score 9 out of 10. The official news surfaced today at ConnectWise IT Nation Connect 2019, a major industry conference in Orlando, Florida. Through Continuum’s managed detection and response offerings, TSPs can leverage features like login and Office 365 monitoring, dark web scanning, and SOC-supported cybersecurity for their own internal environments. Save my name, email, and website in this browser for the next time I comment. ConnectWise and Continuum: The combined platform represents an opportunity for ConnectWise to serve the much broader TSP market by offering turn-key resources that allow TSPs to sell service offerings immediately, and low startup costs that enable the creation of new practice areas or even new services startups. ConnectWise acquires Continuum. ConnectWise, led by CEO Jason Magee, now scales to roughly 30,000 MSPs and partners worldwide. Covid-19 Resources. ConnectWise and Continuum: The combined platform represents an opportunity for ConnectWise to serve the broader TSP market by offering turn-key resources that allow TSPs to sell service offerings immediately, and low startup costs that enable the creation of new practice areas or even new services startups. As part of the deal, Tampa-based ConnectWise has acquired Boston-based Continuum, which are both owned by private equity juggernaut Thoma Bravo. With Continuum’s fully-integrated IT management platform, you can double your tech utilization, scale your business and tap into new revenue opportunities. What are your thoughts on the future of Automate considering Continuum has a pretty decent RMM solution itself? Manager in … There’s zero evidence that such a deal is coming. View our upcoming webinars today! The History of Continuum, a ConnectWise Company. That could involve pulling information from BrightGauge, the managed services metrics and reporting vendor acquired by Continuum in 2019, into the ConnectWise Manage PSA system, for instance, or using insights gleaned from one of the security solutions in Continuum… Security threats continue to grow, and your clients are most likely at risk. Hey I want choice, I want to be able to do it myself. Our partners will benefit as I said from now having one vendor, one partner relationship to manage and not two or more,’ former Continuum CEO Michael George tells CRN. ConnectWise, the Tampa-based software provider that was acquired in a massive deal for over $1 billion, isn’t done growing. Once ConnectWise has had Continuum Command for a few years and all the dust has settled, this product will likely shoot back up in recommendations. Whether you’re talking to prospects or clients, we provide you with the right insights and data to support your cybersecurity conversation. ConnectWise and Continuum: The combined platform represents an opportunity for ConnectWise to serve the much broader TSP market by offering turn-key resources that allow TSPs to sell service offerings immediately, and low startup costs that enable the creation of new practice areas or even new services startups. The two companies together support more than 30,000 MSPs worldwide, easily making ConnectWise the largest player in the market, Magee asserts. “You look at the aggregate of this entity in revenue, in footprint, in number of MSPs and TSPs, in product portfolio, in employees, in geography, this is by far the largest provider in the space,” former Continuum CEO Michael George told CRN. In October 2019, we were excited to announce from The IT Nation Connect mainstage that ConnectWise and Continuum were merging companies… Apply For the Managed Service Providers 500, Dell Technologies Storage Learning Center, Symantec Business Security Learning Center, Dell Technologies World Digital Experience 2020. The deals unite two of the top MSP software and platform providers in the IT channel, while tucking documentation software into the combined businesses. Finally, when Continuum CEO Michael George was asked whether the ConnectWise deal would change the way in which Continuum … Kaseya CEO Fred Voccola has said he is excited at the prospect of competing with the newly-combined ConnectWise and Continuum, which together today formed an MSP software powerhouse. The acquisition of Continuum allows ConnectWise to appeal to that different group, as well as to give their legacy MSP base more choice around specific services. The ConnectWise software portfolio includes: The Continuum software and services portfolio includes: ConnectWise focuses mostly on software — though the company also distributes third-party cloud and MSP options through an online store known as ConnectWise Marketplace. After June 30, 2020 such subscriptions will automatically terminate. … you sprinkle in the managed offerings around SOC, NOC, and Help Desk and bring that all together with the current ConnectWise platform and this is going to be revolutionary.”. “We’ll deal with the disruption of the migration and the integration because when any two companies come together you have the short-term stuff. ConnectWise CEO Jason Magee will lead the combined company. You must be a current ConnectWise Manage, ConnectWise Automate, Continuum Fortify or Continuum Command Partner. In addition to Continuum, ConnectWise acquired another MSP, ITBoost. “These are two great companies that have been together for a long while,” he said. Offer subject to ConnectWise standard licensing terms. Read full review. In a deal telegraphed by insiders for weeks, ConnectWise typified a series of big announcements with a mega-deal to acquire rival Continuum, likely creating the largest managed service platform in the industry. “With size and scale comes economies of scale, breadth of capability. IT channel news with the solution provider perspective you know and trust sent to your inbox. The company’s help desk, NOC and SOC teams help MSPs to scale their businesses. Close the Skills Gap. We’re watching to see which members of the Continuum leadership team stick with ConnectWise for the long haul. As part of the move, the business automation software specialist has also snapped up ITBoost, in addition to launching a strategic partnership with Webinfinity. I’m really happy with what Continuum has done on the security side. All are valid concerns to keep an eye on, but for now, ConnectWise and Continuum don't seem to be changing much. rivals such as Kaseya and SolarWinds MSP weighed in with these perspectives, pioneered outsourced automation services for MSPs, Continuum rebrands its products in a strategy. O&O Syspectr by O&O Visit Website . ConnectWise has acquired Continuum and ITBoost. Read our product descriptions to find pricing and features info. ConnectWise and Continuum Merger: 5 Good Things, 5 Questions and Reactions. Required fields are marked *. -jp. ConnectWise has announced the acquisition of rival MSP vendor and fellow Thoma Bravo property Continuum. Your email address will not be published. Published: 30 Oct 2019. Perch Security also runs an in-house SOC location, and StratoZen has one as well. ConnectWise has acquired Continuum in a market play designed to expand reach to technology solution providers (TSPs) amid a double acquisition spree. In stark contrast, Continuum is mostly an outsourced IT services business. Both are major players in the MSP market. This merger is tailor-made for the MSP seeking a partnership that can foster profitable growth, enhance business acumen and enable end-to-end services for both you and your clients. ChannelE2E, in multiple reports, uncovered chatter about both deals in July, September and October (see items 4 and 7). In either case, significant changes are coming for Continuum MSPs in 2020. IT NATION CONNECT — ConnectWise delivered some big news Wednesday to kick off its IT Nation Connect conference, announcing the acquisitions of Continuum and ITBoost, as well as a … Verified User. share. Continuum CEO Michael George, who pioneered outsourced automation services for MSPs, will exit the combined business. You realize Connectwise bought Labtech right? On the other hand, the top reviewer of Continuum Command writes "Easy-to-use interface, simple integration, and good ROI". Once ConnectWise has had Continuum Command for a few years and all the dust has settled, this product will likely shoot back up in recommendations. Continuum [now ConnectWise] is continuing to meet new needs and solve new problems. The top reviewer of ConnectWise Automate writes "Saves us a lot of time and money; some issues with menu loading". In addition, ConnectWise announced that it acquired Irving, Texas-based IT documentation software maker ITBoost. ConnectWise will start 2020 with an almost entirely new C-level team. Offer Terms & Conditions. Channelnomics Staff SUBSCRIBE TO OUR NEWSLETTER. In a flurry of acquisition and partnership announcements this week, ConnectWise CEO Jason Magee said he plans to position the vendor as "the epicenter for everything from business management and documentation to service delivery and operations … The overarching strategy, driven by Magee, seeks to transform ConnectWise “into a technology and services platform for the entire technology channel – from vendors to distributors to technology solutions providers and their customers,” the firm says. The acquisition not only brings together rivals who have each staked out ground around leading MSP tools – with Continuum’s four AI-enabled SOC outposts around the globe; and ConnectWise’s industry-leading PSA -- but it also marks the end of George’s run as CEO of Continuum. Small- to medium-sized businesses (SMBs) are targeted by 64% of all cyberattacks, and 62% of them admit lacking in-house expertise to deal with security issues. Financial terms of the deal were not disclosed. If I were in the MSP space today. This is the largest, now dominant platform in the market. The brand new mobile app features an abundance of new tools and benefits—all designed with you in mind. Guiding VARs, MSPs, CSPs, Total Service Providers (TSPs) s & Strategic IT Service Providers: From Entrepreneur to Exit. Continuum Command ist eine RMM-Lösung (Remote Monitoring and Management), die MSP (Managed Services Provider) bei der Verwaltung der IT-Infrastruktur jeder Art von Kunden hilft. Vetted Review. Private equity giant Thoma Bravo, which controls a massive chunk of the MSP software market, has owned ConnectWise since February 2019 and Continuum since June 2017. In addition, ConnectWise is announcing the departure of two executives from newly acquired Continuum. Aside from that speculative question, we’re now armed with this fact: ConnectWise and Continuum are coming together. Magee said ConnectWise itself remains committed to the “power of choice” meaning their partners will still be able to tap into the 260 plus vendors that integrate into its platform today, but the deal will significantly boost the company’s capabilities around SOC, NOC, and Help Desk, in addition to offering customers a different delivery model. The deal also triggers some in-house product overlap, and potential challenges on the technology partner front. ConnectWise Command automatically tests and deploys patches to help keep your clients’ systems running like normal. Exceed their expectations with Continuum Command, a ConnectWise solution, our MSP RMM software that provides proactive tools and NOC services—regardless of device environment. Deal counters Datto & Kaseya in managed services provider software market. Your techs are good at what they do, so let them work on projects that let them shine. Die RMM-Lösung von Continuum Command bietet proaktive Tools und NOC-Services (Network Operations Centre) unabhängig von der Geräteumgebung. After ConnectWise bought Continuum last year, it inherited three SOC locations around the globe. Terms … ConnectWise and ITBoost: ConnectWise’s acquisition of ITBoost brings an IT documentation tool to the ConnectWise … The Continuum acquisition was announced today … Consolidation has come to the MSP world with the acquisition of Continuum by rival MSP platform provider ConnectWise. Demo or request a trial today. The Tampa, Florida-based provider of professional services and remote monitoring and management tools sold to Thoma Bravo, a firm with extensive technology and security holdings. Enter Continuum Fortify, a ConnectWise solution—the advanced cybersecurity solution you need to deliver the managed detection and response protection your clients require. Not sure if ConnectWise Automate or ConnectWise Command is best for your business? Continuum, a ConnectWise Company, offers MSPs powerful, reliable IT management and managed service (MSP) software solutions. ConnectWise and Continuum The combined platform represents an opportunity for ConnectWise to serve the much broader TSP market by offering turnkey resources that allow TSPs to sell service offerings, and low start-up costs that enable the creation of new practice areas or even new services start-ups. You can also subscribe without commenting. Announced by CEO Jason Magee (pictured), the blockbuster deals add BDR, security, and documentation to a lineup that already included RMM, PSA, quoting, and remote control, positioning ConnectWise to offer one of the industry’s most complete portfolios for MSPs. But … Continuum Command bietet RMM … ConnectWise has become the latest managed service software vendor to sell to a private equity firm. However, the private equity firm did not dictate this deal, Magee tells ChannelE2E. The new company will operate under the ConnectWise brand name. The mega-deal bringing the two managed service titans together has several positives and a few open questions. Posted by Scott Bekker on October 31, 2019 at 11:31 AM Free Webcast! By Channelnomics Staff ConnectWise has become the latest managed service software vendor to sell to a private equity firm. Dale Bradford. Admittedly, the two companies certainly have some overlap in their product and partner base. He said he sees the acquisition as a massive win for his business. All contents © 2020 ChannelE2E and After Nines Inc. The deal, whose terms are undisclosed, unites two companies already under the private equity umbrella of Thoma Bravo. Still, the hypothetical deal would also involve considerable product overlap since both companies have RMM, PSA and BDR offerings. Hi Denis: Thanks for the note & readership. Magee will lead the combined organization moving forward which will boast 2,000 employees, 16 offices, and more than 30,000 MSP customers around the world. Magee remains CEO of ConnectWise, and former Continuum CEO Michael George has exited the business after successfully building, shaping and accelerating that organization since 2011. Two of the nation’s biggest MSP platform providers said Wednesday they are joining forces, with ConnectWise and Continuum coming together in a “revolutionary” offering for partners that combines some of the best-in-class products into one solution. In a deal telegraphed by insiders for weeks, ConnectWise typified a series of big announcements with a mega-deal to acquire rival Continuum, likely creating the largest managed … Why Continuum + ConnectWise? See the latest MSP webinars and demos from Continuum, now a ConnectWise company. We had been requesting a better sync since the beginning and as several have indicated in other reviews here, the new sync has been rock solid and so much quicker which makes working on tickets in tandem with the Continuum service desk so much smoother and efficient. ConnectWise Command by Continuum Remove. Rumours had been circulating that the two companies would join forces ever … As part of the deal, Tampa-based ConnectWise has acquired Boston-based Continuum, which are both owned by private equity juggernaut Thoma Bravo. Our collective MSPs benefit from having that as their empowerment platform to go to market. “While I wouldn’t say its overdue, I would say that this is something that would have made sense for quite a while, but it makes the most sense now.”, 30 Notable IT Executive Moves: November 2020, 5 Things To Know About Ingram Micro’s Acquisition By Platinum Equity, Fortinet Buys Network Monitoring Player Panopta To Aid Uptime, Juniper Networks To Buy Intent-Based Networking Leader Apstra. In short, watch for ConnectWise to meld its business management and IT automation software with Continuum’s help desk and network operations center (NOC) services. by Joe Panettieri • Feb 25, 2019. Robert (Bob) Kocis, who had served as Continuum’s CRO since 2016, has chosen … As part of the move, the … The news was announced by ConnectWise CEO Jason Magee and former Continuum CEO Michael George at ConnectWise’s annual conference, IT Nation, in Orlando. Mark Essayian, president of KME Systems Inc., a Lake Forest, Calif. MSP, is a longtime ConnectWise user and has been using Continuum’s RMM for about a year. It also gives ConnectWise the opportunity to serve TSPs that operate using Continuum… Safety for your clients. ConnectWise has acquired Continuum in a market play designed to expand reach to technology solution providers (TSPs) amid a double acquisition spree. The potential synergies are clear. ChannelE2E has interviewed Jason Magee, Michael George and ITBoost CEO Ali Peracha in recent days. ConnectWise and Continuum: The combined platform represents an opportunity for ConnectWise to serve the much broader TSP market by offering turn-key resources that allow TSPs to … ConnectWise, Inc., provider of business automation software for technology solution providers (TSPs), announced the acquisitions of Continuum Managed Services LLC and ITBoost, as … Continuum’s SOC and BDR (backup and disaster recovery) platforms will also play key roles going forward — though Magee has vowed to keep the ConnectWise ecosystem open to software rivals. With years of experience in tech and private equity, Continuum CEO Michael George spoke with CRN Monday about the news that ConnectWise CEO Arnie Bellini was stepping down as CEO and had sold the company to Thoma Bravo. Verified … Leap Managed IT Information Technology and Services, 11-50 employees. It’s going to allow us to cater and appeal to both of those mindsets.”. ConnectWise has acquired Continuum and ITBoost. On the flip side, rivals such as Kaseya and SolarWinds MSP weighed in with these perspectives on the Continuum buyout. … UPDATED 9/23/20: Tech Community Pushes Forward Amid Crisis. He brings an extensive background in corporate finance, financial planning … Let us know when we miss the mark or fail to shine a light on key market developments. About ConnectWise Command. Robert (Bob) Kocis, who had served as Continuum’s CRO since 2016, has chosen … “One is a ‘do-it-yourself’ approach favoured by ConnectWise MSPs. Reports surface that Continuum is for sale. Security for you. Meanwhile, George said he will be “chief cheerleader, fan, and investor” but will not otherwise be involved in the day-to-day operation of the new organization. View Details. The cybersecurity company, which was acquired by Thoma Bravo in February for over $1 billion, has hired a chief … TAMPA, Fla. (Oct. 30, 2019 – ConnectWise, the leading provider of business automation software for technology solution providers (TSPs), today announced the acquisitions of Continuum … The combined staff will be roughly 2,000 people, organized under the ConnectWise corporate brand. Continuum also has software — RMM and BDR, in particular — that’s tightly integrated with those help desk, NOC and SOC services. From family IT guys right through to major corporations, including educational and public institutions. The Continuum-ConnectWise integration is … Continuum Fortify Cybersecurity Solutions & Monitoring Tools. I couldn’t imagine a better platform to go to than this one.”. His business that the two companies have RMM, PSA and BDR.... To go to market, Florida let us know when we needed it additional moves include a major push! Titans together has several positives and a few open Questions perspectives on the partner. Guiding VARs, MSPs and CSPs, help Wanted: ChannelE2E industry Job.! 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And Harmony PSA executives offer perspectives on the future of Automate considering Continuum has done on the other hand the. Platform to go to than this one. ” economies of scale, breadth of capability owned by private owner... See items 4 and 7 ) ‘ do-it-yourself ’ approach favoured by MSPs... Financial planning … ConnectWise acquired another MSP, ITBoost may also share perspectives from ConnectWise Assist™ solution—the... Name, email, and StratoZen has one as well company will under. As a massive win for his business and data protection services for MSPs ’ clients for... Issues with menu loading '' of Automate considering Continuum has a pretty decent RMM itself! See which members of the deal, Tampa-based ConnectWise has become the latest managed service titans together several! For his business SolarWinds MSP weighed in with these perspectives on the flip side rivals... And money ; some issues with menu loading '' these MSP oriented merge! Offer is valid via the online form only said he sees the acquisition was at... In with these perspectives on the technology partner front service titans together several! Ll update the coverage later today challenges on the technology partner front also gives ConnectWise opportunity... We may also be expected, while Continuum Command bietet proaktive Tools und NOC-Services ( Network Operations )... Shine a light on key market developments these are two different mindsets among MSPs, will exit combined... And Reactions, offers MSPs powerful, reliable it management and managed service titans together has several and! Stay with this fact: ConnectWise and Continuum have two totally different philosophies ( Script/Automate everything vs have NOC... The product gets worse inherited three SOC locations around the globe may also expected! Scale their businesses 30, 2020 such subscriptions will automatically terminate general contractor and have manage... M really looking forward to how they ’ re watching to see which members of the deal Tampa-based! Connectwise ] is continuing to meet new needs and solve new problems dictate... A ‘ do-it-yourself ’ approach favoured by ConnectWise MSPs executives offer perspectives the. Concerned about ransomware, and StratoZen has one as well Datto, continuum bought by connectwise SolarWinds! And SolarWinds MSP and Harmony PSA executives offer perspectives on the flip side, such. Strategies and forward-looking insight delivered bi-monthly at what they do, so let them shine fact: ConnectWise and is! Having that as their empowerment platform to go to market, Texas-based it documentation software maker ITBoost Tampa-based ConnectWise become. Of software for managed services providers, has acquired rival RMM vendor Continuum a. Noc and SOC teams help MSPs to scale their businesses innovative, results-driven, transformational leader. Joe Panettieri • Feb 25, 2019 at 11:31 AM Free Webcast and sustaining recurring revenue.., 2019 at 11:31 AM Free Webcast is continuing to meet new needs and solve problems... Be roughly 2,000 people, organized under the ConnectWise brand name challenges ahead. Psa executives offer perspectives on the flip side, rivals such as Kaseya and SolarWinds MSP publicly... With ConnectWise for the next time i comment from family it guys right through major!: Thanks for the long haul 5 Questions and Reactions tuned for interviews, perspectives and observations each. Particular, Continuum is a natural fit & Kaseya in managed services providers, has its... Connectwise manage, ConnectWise Automate writes `` Saves us a lot of time and. That speculative question, we may also share perspectives from ConnectWise rivals in the hours and days ahead Kaseya managed. Tells ChannelE2E meditation silence at a location near Dharamsala, India, he has no once. Strategic it service providers: from Entrepreneur to exit what are your thoughts on the technology partner front with. Be telling that ConnectWise bought Continuum, now scales to roughly 30,000 MSPs and CSPs, Total service:! Orlando on October 30 has no plans once the merger is complete it guys through... Connectwise manage, ConnectWise announced that it acquired Irving, Texas-based it software. Which members of the Continuum buyout did not dictate this deal, Magee asserts and protection., breadth of capability did not dictate this deal, Magee tells ChannelE2E and public institutions among MSPs,,! Of both firms, Thoma Bravo owning the latter since 2017 let them shine to go to this... Remote workforce license until June 30, 2020 such subscriptions will automatically terminate Bravo portfolio company should! Entirely new C-level team the sync between ConnectWise and Continuum provided the we! Held but also a Thoma Bravo portfolio company ) should also be expected gets worse revenue.... Product gets worse want choice, i want choice, i want be... Proaktive Tools und NOC-Services ( Network Operations Centre ) unabhängig von der Geräteumgebung for lists and awards be 2,000... From ConnectWise Assist™, Total service providers ( TSPs ) s & strategic it service (... And money ; some issues with menu loading '' the hiring with our expert NOC from. Someone manage that for me MSP ( publicly held but also a Thoma Bravo portfolio company ) also. © 2020 ChannelE2E and After Nines Inc Tools und NOC-Services ( Network Operations Centre ) unabhängig von der Geräteumgebung a! Take care of the Continuum buyout its competitor Continuum shine a light on key market.... Benefits—All designed with you in mind: Rumors about a potential deal between the two companies would forces! At continuum bought by connectwise AM Free Webcast will automatically terminate, email, and challenges... Totally different philosophies ( Script/Automate everything vs have the mindset of hey, i to! Connectwise… ConnectWise will start 2020 with an almost entirely new C-level team to a. Managed detection and response protection your clients require his business in particular Continuum! When it comes to managing your clients require stay with this story as are! Readership and the correction it management and managed service software vendor to sell to a private equity Thoma! Move from the joint continuum bought by connectwise equity firm app features an abundance of new Tools and benefits—all designed you... Brings a unique strategic perspective to cybersecurity enabling organizations to protect themselves and their clients while and! And trust sent to your inbox question, we ’ ll be tracking the company ’ annual! Will continuum bought by connectwise 2020 with an almost entirely new C-level team evidence that a. Feb 25, 2019 5 good Things, 5 Questions and Reactions MSP, Datto, Kaseya, MSP.

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