IT consulting firm Navisite has acquired Privo, a Boston-based Premier Consulting Partner for Amazon Web Services.
Founded in 2015, Privo helps clients across industries plan, build, and manage their AWS infrastructure. The company’s expertise includes cloud assessments and planning, migrations, cost optimization, and managed DevOps. Privo has over 40 employees (according to LinkedIn) across offices in Boston and San Francisco, and has particular expertise serving clients in the life sciences, healthcare, and financial services industries.
The AWS consulting partner also holds a SOC II Type 2 certification, recognizing its high standards of security, confidentiality, and privacy for customer data in the cloud.
Navisite’s acquisition of Privo enhances its AWS practice. The move follows Navisite’s 2019 acquisition of clckwrk, a London-based provider of AWS cloud migration, implementation, and management services.
“Privo’s strong market reputation as an APN Premier Consulting Partner and highly skilled, certified experts are the perfect complement to our AWS practice and overall managed cloud service portfolio,” said Mark Clayman, CEO at Navisite. “With this acquisition, we’ll be able to deliver greater breadth and depth of services to help organizations migrate to the cloud, lower costs and accelerate their IT transformation.”
Navisite was itself acquired in September 2019 by IT services firm RDX, which is backed by private equity firm Madison Dearborn Partners. RDX, alongside recent acquisitions clckwrk and ClearDB, a database-as-a-service provider, have since rebranded as Navisite.
The combined firm is based in Andover, Massachusetts, and offers modern managed cloud services to drive IT transformations. Its offerings include application services, platform services, managed infrastructure, managed cloud, data analytics, managed cloud, cloud marketplaces, and professional services.
The company has more than 1,000 employees, with offices in the US, UK, and India.
“We are extremely excited to join Navisite and take our public infrastructure optimization and managed services business to the next level,” said Nick Underwood, co-founder at Privo. “The synergies between our organizations make this a perfect fit in terms of technical capabilities as well as strategic vision and culture.”
Investment bank Drake Star Partners served as exclusive financial advisor to Privo on the deal. Based in London, Drake Star provides corporate finance and M&A services to clients in the technology, media, and communications sectors.