Great Hill Partners Announces Sale of Mission Cloud Services Inc. to CDW
Under Great Hill's Ownership, Company Became Leading Managed Services Provider in the United States
Great Hill Partners, a private equity firm that invests in high-growth, disruptive companies, today announced that it has reached an agreement to sell Mission Cloud Services Inc. ("the Company"), a leading cloud professional services, managed services and consulting provider, to CDW (NASDAQ:CDW), a leading multi-brand provider of information technology solutions to business, government, education and healthcare customers in the United States, the United Kingdom and Canada.
Mission is a leading born-in-the-cloud managed services and consulting provider, offering end-to-end cloud services, innovative AI solutions, and software for Amazon Web Services ("AWS") customers. As an AWS-certified generative AI partner, Mosaic securely transforms customer data with AI and Machine Learning solutions and offers comprehensive protection for AWS-managed environments.
Great Hill Partners developed the idea behind Mission in partnership with founder and CEO Simon Anderson. Great Hill Partners initially invested in Mission in 2017 and purchased and invested in three technology companies from 2017-2019 to bolster the Company's standing in the industry. Under Great Hill's ownership, Mission has become the largest independent AWS managed services company in the United States.
"It's been an honor to work with Simon and his management team to grow Mission from an idea into the largest provider of its kind," said Drew Loucks, a Managing Director at Great Hill Partners. "The evolution and success of Mission is a testament to the hard work and dedication of the Company's team. We look forward to following Mission's next chapter as it seeks to further expand its offerings and customer base."
"Great Hill has been the ideal partner as we worked to launch and build Mission into the country's leading AWS managed service provider," said Simon Anderson, Chairman, Founder and Chief Executive Officer of Mission. "Their operational experience and industry expertise have been instrumental to our ability to strategically scale the business, and it has been a privilege to collaborate alongside them for the past seven years."
Choate, Hall & Stewart LLP is serving as legal advisors to Mission and Arma Partners is serving as financial advisor.
About Great Hill Partners
Founded in 1998, Great Hill Partners is a private equity firm targeting investments of $100 million to $500 million in high-growth companies across the software, digital commerce, financial technology, healthcare, and digital infrastructure sectors. With offices in Boston and London, Great Hill has raised over $12 billion of commitments and invested in more than 100 companies, establishing an extensive track record of building long-term partnerships with entrepreneurs and providing flexible resources to help middle-market companies scale. Great Hill has been recognized for its industry leadership, being ranked in the top of five of HEC Paris-Dow Jones' Mid-Market Buyout and Performance Ranking lists from 2021-2023. For more information, including a list of all Great Hill investments, visit www.greathillpartners.com.
About Mission
Mission is a leading born-in-the-cloud managed services and consulting provider, offering end-to-end cloud services, innovative AI solutions, and software for AWS customers. As an AWS Premier Tier Partner, Mission helps manage technology investments, improve performance and governance, scale to meet demand, safeguard your data, and innovate fearlessly. Mission consistently earns Best Places to Work awards and is recognized across the technology industry for our commitment to closing the cloud skills gap and Diversity, Equity, and Inclusion (DEI).
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