Camarillo, CA, Rockledge, FL and Eugene, OR (May 20, 2020) – Valeo Networks (previously SaalexIT), a division of Saalex Corporation and an industry-leading Managed Security Service Provider (MSSP) since 2010, today announced the acquisition of Eugene, Oregon-based Managed Service Provider Arctic MSP. Financial terms are not being released.
The acquisition brings into the SaalexIT team another respected Managed Service Provider (MSP) in the Western U.S., enabling SaalexIT to scale by leveraging the cybersecurity, cloud, and compliance resources that Arctic MSP brings to the table. The Arctic MSP brand will continue to operate as a DBA SaalexIT Company and maintain its Eugene, OR, headquarters. The Arctic MSP acquisition comes one month after SaalexIT’s acquisition of Scottsdale, Arizona-based Valeo Networks, launching SaalexIT’s revenue volume into the top 10% of MSSPs nationwide.
“We continue to execute on our national strategy and working with great companies like Arctic MSP will help us achieve that goal,” said Travis Mack, President and CEO, Saalex Corporation. “This acquisition grows and further enhances our capabilities in the areas of cybersecurity, cloud, network security, and compliance service offerings. With the acquisition of Arctic MSP, SaalexIT will be firmly rooted in the top 10% of MSSPs nationwide.”
“One of the things I am looking forward to with Arctic joining Saalex is the ability to expand regionally beyond where we are now,” said Dan Herman, CEO, Arctic MSP. “With Saalex’s financial and technical backing, Arctic will become an even stronger IT service provider and be better able to provide top quality IT services and security for our clients.”
Celebrating its 20th anniversary recently, SaalexIT is an employee-owned company. As an experienced player in the managed services industry, the company has been nationally recognized by CRN® as a top 500 Managed Service Provider in North America and locally recognized by Pacific Coast Business Times as a Top IT & Tech Service Provider.