ANEXIO Technology Services, Inc. (ANEXIO) and BluWater Technologies, Inc. (BluWater) today announced a definitive agreement under which ANEXIO will acquire BluWater, a leading provider of managed cloud and IT technology services in the South Florida market. Terms of the deal were not disclosed but the acquisition is part of ANEXIO’s rapid growth strategy in the managed cloud and IT services market for the U.S. East Coast. “This relationship makes perfect sense for ANEXIO, BluWater, and most importantly, our clients”, said Tony Pompliano, CEO of ANEXIO. "As we expand our reach and breadth of expertise, those advantages are brought directly to our customers.”
Like ANEXIO, BluWater is a leader in providing cloud & managed IT services to small & medium businesses who require high availability, performance and security. The rapid growth of IT in this market has created significant demand in this sector. According to an industry report from Gartner Research the global public cloud services market is expected to top $155 billion in 2014 as a combination demand for SaaS applications, mobility applications and security drive market growth.
“The transaction with will also benefit those Bluwater and Anexio clients with branch offices to utilize a single managed provider to support their IT infrastructure,” said Todd B. Myers, chairman of BluWater. BluWater's support team will remain in place - ensuring consistency in the delivery of services, and clients should notice little, if any, immediate changes.
“Our clients will continue to receive the same quality attention, but now will also have access to a broader range of services and solutions as we begin to offer the capabilities and resources of ANEXIO and its enterprise partners”, said Pompliano. “I would urge any of our clients with questions or concerns at all to reach out to us at any time.”
ANEXIO was purchased by Pompliano's investment group last year, as the foundation of what is shaping up to be one of the first successful MSP roll ups in recent years. While MSP roll ups have not traditionally been successfully (primarily due to lack of operational experience), the ANEXIO acquisition strategy is unique in that Pompliano has many years of experience in running successful managed services organizations.
