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November 19, 2024 12:00 AM | Covington Associates
November 19, 2024 (Boston, MA) – Covington Associates, a leading middle-market investment bank, announced its role as exclusive financial advisor to Colligio, a provider of unified communications, networking and security solutions, in the sale of its business to Blue Mantis, a leading provider of digital strategy and services specializing in managed services, cybersecurity, and cloud solutions.
“In acquiring Colligio, Blue Mantis is not only enhancing its existing Networking and Security service offerings, but we are also unlocking exciting new opportunities in Collaboration, a key growth pillar for the company,” said Josh Dinneen, Blue Mantis CEO. “The experience and expertise gained through the Colligio team augments our current capabilities and aligns with our vision to stay ahead of emerging trends and provide clients with a broader suite of solutions.”
“Joining forces with Blue Mantis opens up exciting possibilities for our respective clients,” said Kelley. “We look forward to applying our collaboration solutions expertise to Blue Mantis and its clients and continue to drive innovation that supports the delivery of positive business outcomes.”
Colligio has been a Premier Cisco Partner since 2011. It has strong relationships with existing Blue Mantis cybersecurity partners, Arctic Wolf and CrowdStrike. The company has deep and long-standing relationships with nearly 200 small and mid-sized enterprises in a range of vertical markets.
About Colligio
Colligio is a leader in virtual communication technologies, providing powerful tools that enable businesses to make meaningful and secure connections. Their solutions are designed to enhance productivity, simplify communications, and increase sales and marketing effectiveness.
About Blue Mantis
Blue Mantis is a security-first, IT solutions and services provider with a 30+ year history of successfully helping clients achieve business modernization by applying next-generation technologies including managed services, cybersecurity and cloud. Headquartered in Portsmouth, New Hampshire, the company provides digital technology services and strategic guidance to ensure clients quickly adapt and grow through automation and innovation. Blue Mantis partners with more than 1,250 leading mid-market and enterprise organizations in a multitude of vertical industries and is backed by leading private equity firm, Recognize. For more information about Blue Mantis and its services, please visit www.bluemantis.com.
About Covington Associates
Covington Associates is an investment banking firm providing advisory services in mergers and acquisitions (M&A), capital raising, and strategic advisory for middle-market companies across the Healthcare, Business Services, Consumer & Industrial, and Technology sectors. Established in 1991 and headquartered in Boston, Covington has successfully completed over 350 transactions globally for both private and publicly traded companies, totaling over $30 billion.
Colligio acquired by Blue Mantis
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Provided Through Covington Associates, LLC. Member FINRA/SIPC.
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