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DataStrike completes acquisition of MiCORE, forming the largest data infrastructure MSP for SMBs

Jun 12, 2024over 1 year ago

Acquiring Company

DataStrike

Acquired Company

DataStrike

PittsburghPittsburghInformation TechnologyInformation Technology

Description

DataStrike, a leader in data infrastructure services, has completed the acquisition of database and cloud management pioneer MiCORE. This acquisition forms the largest managed service provider (MSP) specializing in data infrastructure services for small- and mid-sized businesses (SMBs) and appoints a new management team with deep roots in the data infrastructure space, reinforcing DataStrike's position and expanding its range of solutions to meet the evolving needs of its clients.

Company Information

Company

DataStrike

Location

Pittsburgh, Pennsylvania, United States

About

DataStrike is North America's leading provider of 100% onshore data infrastructure managed services. Harnessing the power of strategic technology partnerships, highly specialized teams, and a platform-agnostic approach, we enable customers to fully leverage their data to propel their business forward. Our innovative, future-ready solutions deliver electric results, providing actionable insights, measurable ROI, and a competitive edge for 200+ customers.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed