Consolidation Churning Up The Channel

All Covered plans on making roughly a dozen acquisitions a year for the next few years. In fact, the company even has a section of its Web site dedicated to acquisitions with sales pitches about why All Covered is the right choice for VARs looking to sell their businesses. It's a land grab righ...

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Bibliographic Details
Published in:CRN 2010-09 (1301), p.37
Main Author: Wright, Rob
Format: Article
Language:English
Subjects:
Acquisitions & mergers
Business conditions
Cloud computing
Market strategy
Value added resellers
Online Access:Get full text
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Summary:All Covered plans on making roughly a dozen acquisitions a year for the next few years. In fact, the company even has a section of its Web site dedicated to acquisitions with sales pitches about why All Covered is the right choice for VARs looking to sell their businesses. It's a land grab right now, said All Covered CEO Todd Croteau. There's a lot of consolidation happening and a lot of interest in acquisitions. Other VARs agree. I think there's going to be increased consolidation throughout the IT industry, said Henry Fleches, co-founder, president and CEO of United Data Technologies (UDT) of Doral, Fla. There's a lot more M&A activity in the channel right now.
ISSN:1539-7343