11:11 Systems takes over the entirety of Ntirety
The deal is another step in 11:11’s pursuit of becoming the largest private VMware Cloud Service Provider partner
11:11 Systems has purchased Texas-based managed and professional IT services firm Ntirety as it aims to become one of the largest private VMware cloud service provider partners.
This comes as recent changes made by Broadcom to the VMware Cloud Service Provider (VCSP) ecosystem have reportedly augmented the number of authorised VMware partners.
Ntirety’s takeover makes it 11:11’s sixth VMware-based business buyout over the past three years, following its purchases of iland Cloud, Green Cloud Defense, Unitas Global, Sungard Availability Services and Faction.
“11:11 has been actively working with many former VCSPs to guarantee secure, compliant, high-performing cloud services and determine the best path forward for both their customers and their business,” said Brett Diamond, CEO of 11:11.
“Ntirety has a strong global VMware business with incredible in-house expertise and amazing customers and we are thrilled to welcome them to 11:11’s award-winning, resilient cloud platform.”
Jim Parks, CEO of Ntirety, added: “We chose 11:11 to take Ntirety’s business to the next level because of their deep experience in VMware-based environments, as well as their focus on security.
“11:11 is the right choice to support our customers' IT plans from cloud to containers to private AI and beyond.”
This move comes less than a year after the group closed a debt financing supported by a syndicate of financial institutions.
The new debt facility, which included an undrawn revolving credit line, was provided to fund the company’s “aggressive” roadmap and growth strategy.
It was also larger than 11:11’s previous debt facility, which reportedly helped fuel eight acquisitions as well as organic growth and technology investments.
Since 2021, the organisation has been backed by middle-market private equity firm Tiger Infrastructure Partners.