Sungard Availability Services' Cloud Managed Services Business
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Sungard Availability Services' Cloud Managed Services Business - overview
Location
Wayne, PA, US
Primary Industry
IT Infrastructure
About
Based in Pennsylvania, US, Sungard Availability Services' Cloud Managed Services Business is a provider of cloud management practice that serves blue-chip, enterprise customers using hybrid and multi-cloud environments. In November 2022, 11:11 Systems, a portfolio company of Tiger Infrastructure Partners acquired Sungard Availability Services' Cloud Managed Services Business from Sungard Availability Services. The company provides a public cloud solution to support the client’s public cloud needs with its managed cloud, such as Azure and AWS to enable the flexibility, scalability, and reliability of platforms that complement a client’s hybrid IT environment. In addition, the firm offers private cloud solutions that can run and host applications, virtual desktop infrastructure, and websites over the internet of clients.
Current Investors
11:11 Systems
Primary Industry
IT Infrastructure
Sub Industries
Consulting Services, Internet, IT Infrastructure
Verticals
Cloud Computing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Sungard Availability Services' Cloud Managed Services Business - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Sungard Availability Services' Cloud Managed Services Business | - |
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