NexusTek Acquires Zumasys Cloud Hosting, Infrastructure and Managed Services

NexusTek announced that it has acquired the cloud hosting, infrastructure and managed services business units from Zumasys, an Orange County-based national provider of cloud computing solutions.

Today, tens-of-thousands of users rely on Zumasys Cloud, now NexusTek, to host their most critical applications 24/7/365.

"Businesses need to embrace the almost unlimited potential for technology to serve as a strategic asset and not a cost center," said Mike Jenner, CEO, NexusTek. "Zumasys' success reflects their shared belief in this philosophy and unique understanding of what it takes to help customers align corporate goals with technology. We are confident this transaction is a significant step forward in our mission to be the nation's most complete service provider."

This deal marks NexusTek's fifth M&A transaction in four years. NexusTek is backed by Abry Partners, an experienced media, communications, business and information services-focused private equity firm with over $77 billion of leveraged transactions under its belt.

"Abry believes that strategic acquisitions NexusTek to increase its competitive advantage in the highly fragmented cloud and managed IT services market," said James Scola, a principal with Abry. "Small and middle-market businesses can only reap the full benefits of running mission-critical applications in the cloud by working with a partner equipped to personalize services built around their specific operations. NexusTek helps clients reduce their technology spend while increasing efficiency and extracting maximum value from their investment."

Over the last three years, NexusTek has grown at a CAGR of 34%, and currently serves more than 2,000 organizations.

"Whereas other companies struggle with M&A, Abry's vast experience and resources eliminate funding concerns and lowers execution risk," added Jenner. "Coupled with NexusTek's track record of successfully integrating acquired companies, being partnered with Abry empowers NexusTek with the means for continued, aggressive nationwide expansion."

NexusTek managed services eliminate the administrative overhead and variable cost associated with cloud and IT environments; customers receive 24/7 monitoring of their IT environments and proactive responses to issues for a fixed monthly fee. With this acquisition, NexusTek inherits a strong presence in the Western United States, extending its reach and ability to create IT solutions that combine storage, virtualization, data protection, and networking technologies from the industry's leading vendors.

NexusTek serves businesses across the country, providing IT solutions and professional recommendations to strengthen the customer's IT infrastructures. By virtue of its SSAE 16 SOC II certification, NexusTek proves its adherence to rigorous, industry-accepted auditing standards for service companies.

"We are pleased to have our cloud, infrastructure and MSP team join NexusTek to further their mission of helping companies small and large increase productivity, lower costs and improve business outcomes," said Zumasys President, Paul Giobbi. "I am confident that customers and employees alike will benefit from the increased depth, capital and engineering expertise of NexusTek and I am excited to watch the combined entity grow."