GreenPages, Inc.

Canaccord Genuity Advises Hybrid Cloud Services Provider GreenPages on its Recapitalization by Abry Partners

Transaction will Accelerate the Company’s Go-To-Market Strategy Across its Modern IT Solutions Portfolio, with a Focus on Cloud Enablement and Hybrid and Multi-Cloud Operations; Security, Risk, and Compliance; and Managed IT Services.

Canaccord Genuity is pleased to announce it has advised GreenPages Technology Solutions, a leading hybrid cloud services provider, on its recapitalization by Boston-based Abry Partners, a private equity firm with deep IT sector expertise and a successful history of investing in innovative companies that drive long-term value

GreenPages is a leading hybrid cloud services provider and systems integrator dedicated to helping organizations make digital business transformation a reality. With expertise across cloud enablement and operations; security, risk, and compliance; and managed IT services, GreenPages helps clients modernize clients’ infrastructure, uncover and reinvest trapped value, and achieve companies’ business goals through the adoption of new technologies and innovative approaches.

Founded in 1992, GreenPages has forged its success by anticipating major shifts in the IT industry and leveraging disruption to innovate for its clients, often ahead of competition. The company’s registered intellectual property includes its Cloud Management as a Service (CMaaS) portfolio; RECON Business Analytics Platform; and GreenPages’ Cloud Xcelerator Program—a blueprint architecture that enables clients to achieve fast, secure multi-cloud scalability.

GreenPages has garnered many industry awards, including being named #24 in the world for cloud services expertise (Talkin’ Cloud 100); #30 in the world for elite managed services (MSPmentor 501); and, most recently, #37 on the NextGen 101 list for excellence across cloud, managed services, and the entire modern IT stack (Channel Futures).

The recapitalization will help GreenPages drive momentum through organic growth and acquisitions, while also accelerating the company’s go-to-market strategy across its modern IT solutions portfolio, with a focus on cloud enablement and operations (hybrid and multi-cloud); security, risk, and compliance; and managed IT services. This accelerated investment, with backing from Abry, will give GreenPages added velocity to support its clients’ digital transformation and business initiatives in ground-breaking ways.

Abry Partners is one of the most experienced and successful sector-focused private equity investment firms in North America. Since its founding in 1989, the firm has completed more than $80 billion of leveraged transactions and other private equity or preferred equity placements. Currently, the firm manages more than $5.0 billion of capital across its active funds.

CG Petsky Prunier, with a team led by JP Michaud and Lisa McClure Byrnes, served as exclusive financial advisor to GreenPages.