Trending...
- New Article Reveals Common Pricing Pitfalls in Flooring Projects — And How to Avoid Them
- Probate Shepherd® Announces a New Member Probate Attorney in Conroe, TX
- Cancer Survivor Roslyn Franken Marks 30-Year Milestone with Empowering Gift for Women Survivors
BOULDER, Colo.--(BUSINESS WIRE)--Zayo Group Holdings, Inc., a leading global provider of fiber-based communications solutions, today announced the acquisition of QOS Networks, the preeminent provider of SD-WAN and edge managed services, from majority owner M/C Partners.
QOS Networks offers a market-leading SD-WAN and global network management solution for large enterprises. QOS uses an AIops-driven network operations platform and proactive network management to deliver the full potential of SD-WAN. As a division of Zayo, the QOS brand will be retained and CEO Frank Cittadino will take on the role of SVP of Edge Services for Zayo.
"As we begin our next phase of growth with Zayo, QOS Networks will continue to focus on driving highly automated SD-WAN solutions for enterprise customers," said Cittadino. "M/C Partners played a pivotal role in our growth and maturity in helping establish QOS Networks as a leading SDWAN service provider. Throughout our partnership with M/C Partners, Travis Keller and team stayed focused on enabling the management team while challenging us to drive the transformative solutions which was the support that drove QOS Networks to a great outcome."
More on Colorado Desk
M/C Partners invested in QOS Networks in September 2020. Since then, under the leadership of Cittadino, QOS has expanded its leadership team, adding a new Chief Revenue Officer Chris Nein and Chief Operating Officer Tyler Nau.
"It has been a pleasure working with the QOS team and we are thrilled with this outcome," said M/C Partners Partner Travis Keller. "Together, Frank and team deliver a powerful business vision, operational excellence and market leading technology. It was not surprising that this captured the attention of Zayo and proved to be a great fit with their strategy."
The acquisition positions Zayo as a premier provider of edge network services - bringing together global fiber infrastructure reach with a leading network services offer from QOS.
Financial details were not disclosed. M/C Partners is also a founding investor in Zayo.
About Zayo Group Holdings, Inc.
Zayo Group Holdings, Inc. provides mission-critical bandwidth to the world's most impactful companies, fueling the innovations that are transforming our society. Zayo's 126,000-mile network in North America and Europe includes extensive metro connectivity to thousands of buildings and data centers. Zayo's communications infrastructure solutions include dark fiber, private data networks, wavelengths, Ethernet, dedicated internet access and data center connectivity solutions. Zayo owns and operates a Tier 1 IP backbone and through its CloudLink service, Zayo provides low-latency private connectivity that attaches enterprises to their public cloud environments. Zayo serves wireless and wireline carriers, media, tech, content, finance, healthcare and other large enterprises. For more information, visit https://zayo.com.
More on Colorado Desk
About QOS Networks
QOS Networks is the leading managed service provider helping companies through their digital transformation. At its core, QOS provides the world's best quality of service to empower IT teams and Lines of Business to be highly productive with complete solutions from edge to cloud. Headquartered in Irvine, California, QOS turns network data into actionable insights through advanced monitoring, analytics, and management – enabled by automation and AI – so customers can proactively discover opportunities that will strengthen their organization. For more information, please visit: qosnetworks.com.
About M/C Partners
M/C Partners is a private equity firm focused on small and mid-size businesses in the digital infrastructure and technology services sectors. For more than three decades M/C Partners has invested $2.4 billion of capital in over 140 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 leadership teams to support, scale, and improve operations and maximize value. For more information, visit https://mcpartners.com.
Contacts
Media
Julie Bishop
Walker Communications
julie@walkercomms.com
QOS Networks offers a market-leading SD-WAN and global network management solution for large enterprises. QOS uses an AIops-driven network operations platform and proactive network management to deliver the full potential of SD-WAN. As a division of Zayo, the QOS brand will be retained and CEO Frank Cittadino will take on the role of SVP of Edge Services for Zayo.
"As we begin our next phase of growth with Zayo, QOS Networks will continue to focus on driving highly automated SD-WAN solutions for enterprise customers," said Cittadino. "M/C Partners played a pivotal role in our growth and maturity in helping establish QOS Networks as a leading SDWAN service provider. Throughout our partnership with M/C Partners, Travis Keller and team stayed focused on enabling the management team while challenging us to drive the transformative solutions which was the support that drove QOS Networks to a great outcome."
More on Colorado Desk
- HiClean Tools Debuts Compact 2100 PSI Electric Pressure Washer: Unleash Powerful Cleaning in a Portable Design
- City of Colorado Springs invites public input on proposed sign code update
- Bùng Nổ Ra Mắt, AALIVE Tung Gói Thưởng 68% và Dàn Game Thuần Việt Hấp Dẫn
- ARCH Dental + Aesthetics Offers Free Consultations for New Patients
- Maisano Brothers Inc. Expands National Paving Division Into Tampa, Florida
M/C Partners invested in QOS Networks in September 2020. Since then, under the leadership of Cittadino, QOS has expanded its leadership team, adding a new Chief Revenue Officer Chris Nein and Chief Operating Officer Tyler Nau.
"It has been a pleasure working with the QOS team and we are thrilled with this outcome," said M/C Partners Partner Travis Keller. "Together, Frank and team deliver a powerful business vision, operational excellence and market leading technology. It was not surprising that this captured the attention of Zayo and proved to be a great fit with their strategy."
The acquisition positions Zayo as a premier provider of edge network services - bringing together global fiber infrastructure reach with a leading network services offer from QOS.
Financial details were not disclosed. M/C Partners is also a founding investor in Zayo.
About Zayo Group Holdings, Inc.
Zayo Group Holdings, Inc. provides mission-critical bandwidth to the world's most impactful companies, fueling the innovations that are transforming our society. Zayo's 126,000-mile network in North America and Europe includes extensive metro connectivity to thousands of buildings and data centers. Zayo's communications infrastructure solutions include dark fiber, private data networks, wavelengths, Ethernet, dedicated internet access and data center connectivity solutions. Zayo owns and operates a Tier 1 IP backbone and through its CloudLink service, Zayo provides low-latency private connectivity that attaches enterprises to their public cloud environments. Zayo serves wireless and wireline carriers, media, tech, content, finance, healthcare and other large enterprises. For more information, visit https://zayo.com.
More on Colorado Desk
- Welcoming All in Colorado: Four New Participants Selected for CTO's Accessible Travel Program
- Multi-Signature Cold Storage: Keyanb Introduces Institutional-Grade Asset Protection for Chilean Crypto Traders
- NKSCX Introduces Zero-Knowledge Proof of Solvency for U.S. Traders Amid $6.5 Billion Fraud Crisis
- New Oasis International Foundation Announces Strategic Partnership Network Across 15 Countries to Advance Community-Led Economic Development
- A Gift for You: Music, Story, and Hope for America: Free Download of The Human Renaissance Album
About QOS Networks
QOS Networks is the leading managed service provider helping companies through their digital transformation. At its core, QOS provides the world's best quality of service to empower IT teams and Lines of Business to be highly productive with complete solutions from edge to cloud. Headquartered in Irvine, California, QOS turns network data into actionable insights through advanced monitoring, analytics, and management – enabled by automation and AI – so customers can proactively discover opportunities that will strengthen their organization. For more information, please visit: qosnetworks.com.
About M/C Partners
M/C Partners is a private equity firm focused on small and mid-size businesses in the digital infrastructure and technology services sectors. For more than three decades M/C Partners has invested $2.4 billion of capital in over 140 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 leadership teams to support, scale, and improve operations and maximize value. For more information, visit https://mcpartners.com.
Contacts
Media
Julie Bishop
Walker Communications
julie@walkercomms.com
Filed Under: Business
0 Comments
Latest on Colorado Desk
- Colorado: Polis Administration Awards $7.3 Million for Innovative Geothermal Heating and Cooling
- $150 Million Financing Initiates N A S D A Q's First Tether Gold Treasury Combining the Stability of Physical Gold with Blockchain $AURE
- Podcast for Midlife Women Entrepreneurs Celebrates 100th Episode with Rhea Lana's Founder and CEO
- What If Help Could Come Before the Fall?
- OddsTrader Examines the NHL Presidents Trophy Curse: Why Regular-Season Success Rarely Leads to Playoff Glory
- Bookmakers Review Launches Betting Insights on NBC's "The Voice: Battle of Champions"
- Indian Peaks Veterinary Hospital Enhances Pet Surgery Services for Boulder's Pet Owners
- Coming Up this Weekend on CNBC Mike Milligan Joins Tom Hegna on "Financial Freedom with Tom Hegna"
- UK Website Launches "Toy Time Machine" — Find Your Childhood Christmas Toy in One Click
- Colorado: Gov. Polis, AG Weiser Urge Supreme Court to Reject Nebraska Case on South Platte River
- Colorado: Governor Polis and Lieutenant Governor Primavera Help Launch Governors Public Health Alliance to Strengthen Preparedness, Affordability, and Health Innovation
- $73.6M Pipeline, $10M Crypto Play & Legal Firepower: Why Investors Are Watching Cycurion (N A S D A Q: CYCU) Like a Hawk
- Grammy award-winning Cuban-Canadian artist Alex Cuba releases his 11th studio album, "Indole"
- Thread Advisory Group Launches to Help Retailers Turn Strategy Into Lasting Results
- QView Medical and Eve Wellness Announce Partnership to Advance Direct-to-Consumer Breast Cancer Screening With FDA-Approved AI
- New Article Reveals Common Pricing Pitfalls in Flooring Projects — And How to Avoid Them
- Airbus Defence and Space and Omnitronics Sign MoU to Advance Interoperability in Critical Communications
- DOR Announces Tax Relief for Those Impacted by Southwestern Colorado Flooding
- White Glove Restoration Sends "Help in Boxes" to Support Communities in Ghana
- NASA Agreements, New Ocean Exploration Applications Added to Partnerships with Defiant Space Corp and Emtel Energy USA for Solar Tech Leader: $ASTI