UCaaS-MSSP Merger: Millennia Technologies, Fusion IT Combine Businesses
Millennia Technologies and Fusion IT have merged. The deal unites a UCaaS (unified communications as a service) consulting firm with a managed security services provider (MSSP). Financial terms of the merger were not disclosed.
This is technology M&A deal number 559 that MSSP Alert and sister site ChannelE2E has covered so far in 2021.
- See all technology M&A deals for 2021 and 2020 listed here.
- See all MSSP mergers & acquisitions listed here.
Millennia-Fusion IT Merger: Business Backgrounds
Millennia Technologies, based in Grand Rapids, Michigan, has 29 employees listed on LinkedIn. The company specializes in Business Voice, Call Center, Internet and SD-WAN technologies. Key technology partnerships include RingCentral, Nextiva, 8×8 and Fuze.
Fusion IT, based in Grand Rapids, Michigan. has 20 employees listed on LinkedIn. The company focuses on cybersecurity, network security, and managed security services. The MSSP is a WatchGuardONE Gold Partner and Silver Microsoft Partner.
Millennia and Fusion IT partnered ahead of the M&A deal, working on several projects in 2019, the companies say.
Key areas of focus going forward include CMMC (Cybersecurity Maturity Model Certification) compliance services for current and future clients, the companies say.
UCaaS-MSSP Merger: Executive Perspectives
In a prepared statement about the deal, Ken Nelson, president of Millennia Technologies, said:
“Fusion IT has built an amazing organization, beginning with Michael and Curtis’s leadership, to seeing the rest of their team’s one hundred percent buy-in to their individual accountability to customers and one another. They truly are a class act as a Managed Security Services Provider in the IT space, and we just fit really well together. I’m super excited to be part of a leadership team driven to grow these two companies through the support of those communities we serve.”
Added Michael Waldschlager, president and CEO of Fusion IT:
“Millennia Technologies, under the leadership of Ken Nelson and Spencer Vereecken, have built a ‘client-centric’ company culture and have assembled a team of professionals. As a Mitel Gold Partner with a vast portfolio of consultative cloud services, Millennia is a proven market leader in unified communications and carrier services solutions. I am humbled for the privilege to lead these two synergistic companies.”
Ken Nelson, VP of sales and marketing of Fusion Brand, and Spencer Vereecken, VP general manager of Millennia Brand, will lead their respective sales teams, the companies say.
N0te: An earlier version of this story incorrectly indicated that Millennia Technologies acquired Fusion IT. In fact, the deal was a merger of equals. The story has been updated accordingly. MSSP Alert apologizes for the error.