NEW YORK | September 6, 2018 – TriNimbus Technologies Inc.(“TriNimbus”), a Premier Consulting Partner in the Amazon Web Services Partner Network and leading DevOps specialist, completed its sale to Los Angeles-based cloud consulting and managed services provider Onica. Drake Star Partners acted as the exclusive financial advisor to TriNimbus on this transaction.
Founded in 2013, TriNimbus is a leading Amazon Web Services Premier Consulting Partner providing AWS migration, infrastructure optimization, managed services and DevOps to businesses in the United States and Canada. Leveraging their expertise in cloud technologies, TriNimbus empowers customers across all sectors through the cloud value journey from the foundation and migration, to the management, optimization and transformation of an organization’s cloud-enabled services.
Jarrod Levitan, co-founder and CEO of TriNimbus said, “Jeff Baker and the team at Drake Star possessed a deep understanding of our market and their tailored approach resulted in a great outcome for both the shareholders as well as the employees who are excited about the next phase of growth for our company. Their valuable counsel and relationships with key industry players were critical in achieving a great result.”
“It was a pleasure working with the shareholders of TriNimbus and to be part of creating the strongest independent AWS consultancy in North America. The combination of TriNimbus and Onica brings together two players with deep expertise in leveraging the AWS platform to help their client innovate and build competitive advantages. Together they are well-positioned to become a dominant player in the public cloud space with the support of Sunstone as their partner. This transaction continues a trend of consolidation in the public cloud services market”, commented Jeff Baker, Managing Partner at Drake Star.
Legal advisor: Fasken
For further inquiries, please contact
Managing Partner & CEO | Drake Star
TriNimbus is a leading DevOps service provider and an Amazon Web Services (AWS) Premier Consulting Partner in the AWS Partner Network (APN). The team focuses exclusively on AWS and its surrounding ecosystem to support customers who are using the cloud to elevate their culture, environment, and operations to the next level. With a focus on fostering education both internally and externally, TriNimbus hosts AWS User Groups across Canada bringing together members in various cities building the AWS community.
For more information, please visit www.trinimbus.com
Onica is a cloud consulting and managed services company, helping businesses enable, operate, and innovate on the cloud. From migration strategy to operational excellence, cloud native development, and immersive transformation, Onica is a full spectrum integrator, helping hundreds of companies realize the value, efficiency, and productivity of the cloud. Onica is backed by growth equity firm, Sunstone Partners.
For more information, please visit www.onica.com
For further inquiries, please contact:
Managing Partner | Drake Star Partners
Jeff.Baker@drakestar.com, +1 212 508 7101
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.