Drake Star Partners Advises Opsguru On Its Sale To Carbon60

  • Year
    May/2021
  • Sector
    Digital Transformation Digital Services
  • Our Mission
    Financial Advisor to OpsGuru

New York | May 24, 2021 – OpsGuru, one of Canada’s fastest growing multi-cloud and DevOps consultancies announced its acquisition by Carbon60, a leading managed cloud hosting service provider. The acquisition makes the combined company the preeminent Canadian multi-cloud transformation and managed services organization.

Drake Star Partners acted as the exclusive financial advisor to OpsGuru and its shareholders.

“The acquisition of OpsGuru dramatically accelerates Carbon60’s realization of our vision to become the leading end-to-end multi-cloud service provider, helping Canadian companies plan, migrate and operate successfully in the cloud,” said John Witte, President & CEO, Carbon60. “Combined, Carbon60 and OpsGuru can fully support clients across Canada in their cloud evolution.”

The combined company will employ over 160 people, from certified cloud consultants across AWS, Microsoft Azure, and Google Cloud, to software developers with application modernization expertise to system administrators and security professionals who serve as trusted advisors regardless of where clients are on their digital transformation journey. Existing and new Carbon60 clients will benefit from OpsGuru’s cloud consulting experience, including Cloud Launchpad, a proprietary process that expedites cloud transformation using pre-built infrastructure-as-code templates and battle-tested best practices – reducing cloud transformation timelines from months to weeks.

“We’re excited to join the Carbon60 family and provide our combined customers with a true end-to-end multi-cloud offering,” said Anton Mishel, CEO of OpsGuru, “OpsGuru’s trademark culture of innovation and curiosity fits very nicely with Carbon60’s emphasis on providing responsive and reliable 24/7 managed services with a focus on excellence in customer experience.”

“We had an excellent experience with Jeff and the Drake Star team,” said Dave Lindon, General Manager at OpsGuru. “As a company growing at an incredible pace and with a multi-national presence, Drake Star was very accommodating to our needs.”

Jeff Baker, Managing Partner at Drake Star Partners, said: “It was a pleasure to work with Anton and the whole OpsGuru team on achieving a great outcome establishing a leading Canadian multi-cloud transformation services organization.”

“This is our 10th cloud services transaction since the start of the pandemic alone and we expect the high rate of investment in this space to continue.”

Drake Star Partners’ Team: Jeff Baker, Benedikt Gottwald, Patrick Martin

Inquiries:

For further inquiries, please contact

Jeff Baker
Managing Partner
jeff.baker@drakestar.com; +1 212 508 7101

 

About Carbon60

Carbon60 specializes in delivering secure managed cloud solutions for public and private sector organizations with business-critical workloads. Carbon60 provides secure and compliant 24/7 managed services using its cloud platforms across Canada, including AWS, Microsoft Azure and Google Cloud, to deliver scalable hybrid IT solutions. Carbon60 guides customers on their cloud journey and can engage with clients at any stage of their transition. Carbon60 provides a white-glove customer experience with a deep level of technical support services combined with a nimble approach making them the trusted choice for companies that need a partner to deliver solutions with exceptional reliability, performance and security. For more information, visit www.carbon60.com and LinkedIn.

About OpsGuru

OpsGuru was founded in 2017 with headquarters in Vancouver, Canada. Accelerating Cloud-native being the driving force of the company, OpsGuru’s key services include cloud adoption, Kubernetes enablement, application modernization, insights from data, and cloud security. Through OpsGuru’s signature product – the OpsGuru Cloud Launchpad – OpsGuru helps clients to achieve rapid cloud deployment with a secure and scalable cloud foundation. For more information, visit www.opsguru.io and LinkedIn.

About M/C Partners

M/C Partners is a private equity firm focused on small and mid-size businesses in the communications and technology services sectors. For more than three decades M/C Partners has invested $2.2 billion of capital in over 130 companies, leveraging its deep industry expertise to understand long-term secular trends and identify growth opportunities. The firm is currently investing its eighth fund, partnering with promising companies and empowering strong leaders to accelerate growth, optimize operations, and build long-term value. For more information, visit www.mcpartners.com.

About Drake Star Partners
 

Drake Star Partners is a global investment banking firm serving the technology, media and communications sectors (TMC) with offices in New York, London, Paris, Munich, San Francisco, Los Angeles, Berlin, Geneva, Singapore* and Dubai*. The firm focuses on M&A and corporate finance for its clients worldwide. Drake Star Partners completed over 400 transactions since 2004, 70% of which are cross-border.

Drake Star Partners is the marketing name for the global investment bank Drake Star Partners Limited and its subsidiaries and affiliates. In the USA, all securities are transacted through Drake Star Securities LLC. In the USA, Drake Star Securities LLC is regulated by FINRA and is a member of SIPC. Drake Star UK Limited (FRN 942020) is an appointed representative of Kession Capital Ltd (FRN582160) which is authorised and regulated by the Financial Conduct Authority. © 2016 Drake Star Partners Limited.

www.drakestar.com

*Partner Offices