Managed Services Acquisition: TDS Acquires OneNeck IT Services

Telephone and Data Systems Inc., a subsidiary of TDS Hosted and Managed Services (TDS HMS), has acquired OneNeck IT Services from WestView Capital Partners. The move surfaces roughly one month after TDS HMS hired Nimsoft veteran Phil LaForge to help drive the company’s merger and acquisition strategy, though we don’t know if LaForge was involved in this particular deal.

Financial terms of the deal were not disclosed. According to nuggets of info from a prepared statement:

TDS HMS ranks among several companies that have been acquiring regional MSPs. Other key buyers include mindSHIFT and All Covered, now a division of Konica Minolta. TDS HMS, however, seems to be buying somewhat larger MSPs — a strategy that fits Phil LaForge’s experience well — though we need to check in with LaForge to see if he was involved in this deal.

Before joining TDS HMS, LaForge helped Nimsoft to target the MSP mid-market, and he played a key role in building CDW’s managed services business.

Additional insights from Joe Panettieri.