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Enterprise Managed Cloud & IT Services sector

Strategic acquirers, private equity (buyout funds and growth funds) firms, and valuation benchmarks for Enterprise Managed Cloud & IT Services

1.1 - About Enterprise Managed Cloud & IT Services sector

Companies in the Enterprise Managed Cloud & IT Services category design, migrate, secure, and operate mission-critical IT environments across public, private, and hybrid clouds. They provide end-to-end services spanning architecture, deployment, and 24/7 operations to reduce complexity and cost while improving agility and reliability. Buyers engage these providers to modernize legacy systems, standardize tooling, and gain expert management of multi-cloud infrastructure and enterprise applications.

Typical offerings include managed hosting across AWS, Azure, GCP, VMware and OpenStack, along with data center transformation and hybrid/multi‑cloud migration. Providers implement cloud native security via CNAPP combining CSPM, CWPP and CIEM, and run managed IT operations with observability, AIOps and FinOps. They deliver DevOps automation, application modernization and refactoring, data modernization and AI platforms, plus managed mobility at scale and web presence services such as domains and hosting.

They primarily serve global enterprises, mid‑market organizations, and public-sector agencies operating regulated or complex environments. Outcomes include lower infrastructure TCO through optimized architectures and automation, stronger security posture and compliance, faster product delivery via modern pipelines, and improved uptime and performance through proactive monitoring and incident response. Many engagements also streamline operations and enable scalable growth across multiple clouds and business units.

2. Buyers in the Enterprise Managed Cloud & IT Services sector

2.1 Top strategic acquirers of Enterprise Managed Cloud & IT Services companies

Rackspace Technology Logo

Rackspace Technology

HQ: United States Website
  • Description: Provider of multicloud professional services that design, build and modernize applications, data architectures and security across major cloud platforms, helping organizations eliminate technical debt, optimize infrastructure and accelerate digital transformation.
  • Key Products:
  • Multi-Cloud Managed Hosting: designs, builds and operates workloads on AWS
  • Azure
  • Google Cloud Platform
  • OpenStack and Alibaba, delivering architecture, deployment and 24/7 operations to reduce complexity and cost
  • Managed Private Cloud: supplies VMware
  • Microsoft or OpenStack-based private clouds with monitoring, maintenance and scalability for regulated workloads needing enhanced control and compliance
  • Managed Security & Compliance: provides security management, zero-trust adoption, breach simulation and cross-functional governance to strengthen operational resilience and meet industry compliance mandates
  • AI & Professional Services: leverages Foundry for AI by Rackspace (FAIR) to deliver generative AI, application modernization and product development consulting that accelerates innovation and business outcomes.
  • Rationale: Provider of Multi-Cloud Managed Hosting for AWS/Azure/GCP, Managed Private Cloud for VMware/OpenStack workloads, and Managed Security & Compliance with zero-trust.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
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2.2 - Strategic buyer groups for Enterprise Managed Cloud & IT Services sector

M&A buyer group 1: Cloud Management

18 companies View group →
Description: Companies in the Enterprise Cloud Management Platforms category deliver software that centralizes control of public and private cloud resources. Their platforms unify multi-cloud provisioning, policy governance, cost management, and performance monitoring, giving IT, cloud operations, and FinOps teams consistent visibility and automation. Buyers use these tools to standardize workflows, enforce compliance, optimize spend, and improve reliability across AWS, Azure, Google Cloud, and on‑prem environments.
Datadog

Datadog

Website HQ: United States
  • Type: N/A
  • Employees: ●●●●●
  • Description: Provider of a cloud-based observability platform, Datadog delivers end-to-end infrastructure monitoring, application performance, log analytics and security solutions, complemented by implementation, enablement, support and technical account management services that accelerate onboarding, optimize performance and maximize customer value.
  • Key Products:
  • Infrastructure Monitoring: Collects and visualizes metrics from cloud servers, databases and services through dashboards and alerts to track infrastructure health and performance
  • Network Performance Monitoring: Monitors network devices and traffic to maintain reliability and performance across hybrid environments, helping teams troubleshoot latency and connectivity issues
  • Application Performance Monitoring: Provides full-stack monitoring, tracing and alerting to observe application execution and dependencies, enabling faster detection and remediation of performance bottlenecks
  • Cloud Cost Management: Analyzes cloud resource usage and spending, offering visibility and recommendations that optimize cost effectiveness without compromising infrastructure reliability or application performance
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Buyer group 2: ████████ ████████

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Key Products: ████████, ████████, ████████, ████████
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Buyer group 3: ████████ ████████

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Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms in Enterprise Managed Cloud & IT Services sector

3.1 - Buyout funds in the Enterprise Managed Cloud & IT Services sector

Buyout Funds investing in Enterprise Managed Cloud & IT Services companies

51+ funds
Description: Buyout funds focused on Enterprise Managed Cloud & IT Services companies globally.

Abry Partners

Website HQ: United States
  • Type: Buyout
  • Fund Size: $●●●m
  • Investment Range: $●●-●●●m
  • Focus: Technology companies in Enterprise Managed Cloud & IT Services
  • Relevant M&A transactions / similar portfolio companies:
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2.2 - Strategic buyer groups for Enterprise Managed Cloud & IT Services sector

Growth Equity Funds in Enterprise Managed Cloud & IT Services companies

41+ funds
Description: Growth equity funds focused on Enterprise Managed Cloud & IT Services companies globally.

TCV

Website HQ: United States
  • Type: Growth
  • Fund Size: $●●●m
  • Investment Range: $●●-●●●m
  • Focus: High-growth companies in Enterprise Managed Cloud & IT Services
  • Relevant investments / similar portfolio companies:
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4 - Top valuation comps for Enterprise Managed Cloud & IT Services companies

4.2 - Public trading comparable groups for Enterprise Managed Cloud & IT Services sector

Valuation benchmark group 1: Enterprise IT Services Companies

10 companies View group →
Description: Companies in this trading comparables group are public providers of enterprise IT services, including consulting, systems integration, software engineering, and managed operations. They monetize through multi-year outsourcing contracts, project-based delivery, and recurring managed services. Shared global delivery models, similar revenue mixes, and comparable margin structures make them relevant valuation benchmarks for assessing digital transformation and technology services companies.
  • Enterprise value: $●●●m
  • Market Cap: $●●●m
  • EV/Revenue: ●.●x
  • EV/EBITDA: ●●.●x
  • Description: Provider of IT and network solutions including cloud computing, artificial intelligence, and Internet of Things platforms, offering system integration, hardware and software products, and consulting services for various industries worldwide.
  • Key Products:
  • Cloud Computing: Scalable and secure cloud solutions for business efficiency
  • Artificial Intelligence: AI-driven analytics and automation for diverse applications
  • IoT Platforms: Integration and management of IoT devices and data
  • System Integration: Comprehensive IT and network system integration and support
  • Consulting Services: Strategic IT consulting and business solutions.
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Revenue growth
Median
15.7%
2025E
16.0%
2026E
EBITDA margin
Median
28.2%
2025E
28.6%
2026E
Cash EBITDA margin
Median
27.6%
2025E
28.0%
2026E
EV/Revenue
Median
8.4x
2025E
6.8x
2026E
EV/EBITDA
Median
28.9x
2025E
24.4x
2026E
EV/Cash EBITDA
Median
29.0x
2025E
25.5x
2026E
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4.3 - M&A Transactions in the Enterprise Managed Cloud & IT Services sector

Selected M&A transactions

Date Target Description Buyer(s) Relevance EV EV/Revenue EV/EBITDA
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Frequently Asked Questions

Buyers & Acquirers in Enterprise Managed Cloud & IT Services sector

Who are the top strategic acquirers of Enterprise Managed Cloud & IT Services companies?

Top strategic buyers in this sector include Rackspace Technology, a provider of multicloud professional services that design, build and modernize applications, data architectures and security across major cloud platforms, helping organizations eliminate technical debt, optimize infrastructure and accelerate digital transformation. .

Which buyer groups are most relevant for Enterprise Managed Cloud & IT Services companies?

Relevant strategic buyer groups similar to the Enterprise Managed Cloud & IT Services sector include Cloud Management because they share similar customer segments and product capabilities.

Financial Investors in Enterprise Managed Cloud & IT Services sector

Which are the top PE firms investing in Enterprise Managed Cloud & IT Services companies?

Potential investors in the broader Enterprise Managed Cloud & IT Services space include TCV and Abry Partners.

Who are the top buyout funds acquiring Enterprise Managed Cloud & IT Services companies?

Active PE funds and buyout funds acquiring companies in the Enterprise Managed Cloud & IT Services space include Abry Partners.

Who are the top growth equity funds investing in Enterprise Managed Cloud & IT Services companies?

Growth funds investing in the broader Enterprise Managed Cloud & IT Services sector include TCV.

Valuation of Companies in Enterprise Managed Cloud & IT Services sector

Which are the key public companies that are relevant trading comps for Enterprise Managed Cloud & IT Services companies?

Key trading comparable groups include NEC, a provider of it and network solutions including cloud computing, artificial intelligence, and internet of things platforms, offering system integration, hardware and software products, and consulting services for various industries worldwide..

Which are the key trading comparable groups for Enterprise Managed Cloud & IT Services companies?

Similar trading comparable companies include Enterprise IT Services Companies. Our platform tracks detailed trading comparable groups in the Enterprise Managed Cloud & IT Services sector with complete valuation multiples, growth metrics, and profitability data. Access the full database to benchmark your company against relevant public comparables.

What are recent M&A transactions in the Enterprise Managed Cloud & IT Services sector?

Our platform tracks M&A transactions in the Enterprise Managed Cloud & IT Services sector with complete deal terms, valuation multiples, and strategic rationale. Access the full database to benchmark pricing and identify active acquirers.

What are recent capital raises and funding rounds in Enterprise Managed Cloud & IT Services?

Access recent funding rounds in the Enterprise Managed Cloud & IT Services sector including growth equity, venture capital, and buyout investments. Our database includes round size, lead investors, valuations, and use of proceeds.

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