By ET Bureau - April 24, 2020 2 Mins Read
Saalex Information Technology (SaalexIT), a division of Saalex Corporation and an industry-leading Managed Security Service Provider (MSSP) since 2010, announced the acquisition of Scottsdale, Arizona-based Managed Service Provider Valeo Networks. Financial terms are not being released.
The acquisition will combine two well-reputed Managed Service Providers (MSPs) in SaalexIT’s Southwest region (California, Arizona, and New Mexico, among other states) and enable SaalexIT to scale by leveraging the automation expertise and engineering resources that Valeo Networks brings to the table. The Valeo Networks brand will continue to operate as a DBA SaalexIT Company and maintain its Scottsdale, AZ headquarters.
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 one of the top 500 Managed Service Providers in North America and locally recognized on several occasions by Pacific Coast Business Times as a Top IT & Tech Service Provider.
“We are extremely excited to complete the acquisition of Valeo Networks – a thriving, innovative business that expands our collective footprint to three Southwestern states,” said Travis Mack, President, and CEO of Saalex Corporation. “The acquisition of Valeo Networks will further enhance our nationwide capabilities and strengthen our skill sets in the areas of cloud services, cybersecurity, engineering, network securities, and managed IT services.”
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