Reliam, a Los Angeles-based consulting and managed services provider for public cloud platforms including Amazon Web Services (AWS Cloud) and Microsoft Azure, has acquired AWS consulting and managed services provider, Stratalux. As a managed cloud services provider focusing exclusively on AWS, Stratalux would add complimentary qualities to the Reliam portfolio.
With the integration of Stratalux, Reliam would add significant headcount – particularly of AWS-certified cloud and DevOps engineers and solution architects. The deal would further enable Reliam to strengthen its partnership with AWS throughout 2018 and continue to accelerate the adoption of the AWS Cloud for customers worldwide.
The transaction was funded through an add-on investment into the parent platform company by Great Hill Partners, which made an initial investment in Reliam in November 2017. Great Hill Partners reserved up to $75 million for further investment into the managed cloud platform to fund acquisitions as well as organic growth. Financial terms of the Stratalux acquisition were not disclosed.
Great Hill Partners is a Boston-based private equity firm that has raised over $5 billion in commitments since inception to finance the acquisition, recapitalization, or expansion of growth companies in the communications, financial technology, healthcare, information services, Internet, media, retail, consumer, and software industries. Great Hill targets investments of $25 million to $200 million.
Expert Cloud Team
“We have been impressed with Stratalux’s successes in the AWS cloud services ecosystem, and our teams are really excited to be joining forces,” said Simon Anderson, CEO of Reliam, and former CEO of DreamHost (2011-2015). “Our combined team and expert insights into how best to migrate or run apps and workloads on AWS – and then execute continuous integration of software and performant management of data – will enable our customers to rapidly leverage the latest innovations in cloud computing services including serverless computing, artificial intelligence, and machine learning.”
The combined business will boast more than 100 mid-market and enterprise customers across industries including media and entertainment, mobile games, digital media, marketing, e-commerce, and Software-as-a-Service (SaaS). Specializations and competencies of the combined expert cloud team will include cloud strategy consulting, migrations, cloud architecture, solution design, security and governance, cost optimization, DevOps implementation, application performance management, and 24/7 managed services and support for a wide range of workloads running on the cloud worldwide.
“We’ve long viewed Reliam as a respected colleague that approaches cloud consulting and managed services with the same dedication and customer-centric viewpoint as we do,” said Jeremy Przygode, CEO & founder of Stratalux, who will continue on as the combined companies’ President, Media & Entertainment, and become a member of the board of directors. “We really look forward to combining our talents and capabilities, as we grow together to improve on the cloud-centric advantages we deliver for customers.”