Ntirety Acquired by HOSTING
Bowen Advisors Serves as M&A Advisor to Ntirety
BOSTON, March 25, 2014 – Bowen Advisors, Inc., a Boston-based technology mergers & acquisitions firm, is pleased to announce that Ntirety, Inc., a leading managed service provider delivering remote database administration and data management services to enterprise customers, has been acquired by HOSTING. Bowen Advisors provided sellside M&A advisory services to Ntirety.
The acquisition unites HOSTING’s managed cloud hosting and professional services platforms with Ntirety’s Oracle, SQL Server and MySQL remote and on-premise data services. According to HOSTING CEO Art Zeile, “The Ntirety acquisition further enables HOSTING to address one of the primary challenges faced by mid-sized enterprises today: how to seamlessly host, manage and protect their mission-critical applications and data in the cloud.”
“Ntirety’s sale to HOSTING reinforces our position as a leading advisor to IT and cloud service providers,” said Bob Cronin, Managing Director of Bowen Advisors. “This transaction represents an extension of our expertise in managed services to include outsourced enterprise data and application management, an increasingly important focus area given the ongoing shift of corporate workloads to the cloud. As M&A activity accelerates in this rapidly emerging sector, we look forward to continuing our advisory of innovative companies and achieving exceptional outcomes for our clients and their investors.”