QOS Networks Receives Significant Growth Equity Investment From M/C Partners

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The M/C partnership will further propel QOS Networks as the market leader in managed network solutions

https://www.prweb.com/releases/qos_networks_receives_significant_growth_equity_investment_from_m_c_partners/prweb17406051.htm

IRVINE, Calif. (PRWEB) September 21, 2020

QOS Networks, a leading global managed network services provider, has announced today they’ve completed a growth investment from M/C Partners. M/C Partners is a private equity firm focused on businesses in the Communications and Technology Services Sector. The growth investment will help propel QOS Networks into the next stage of strategic growth to continue capitalizing on the red-hot edge network market.

QOS Networks is a heavyweight in SD-WAN and global network management that has captured strong market share at the network edge. QOS Networks plans to improve core platform offerings and expand into several ancillary areas such as security as a service and end-user network management. Furthermore, customers can expect the QOS Networks Intelligent Network platform, a combination of management, monitoring, analytics, and AIOps, to further transform the way QOS Networks’ customers operate today. QOS Networks has an unbeatable dedication to their global customers and has helped Fortune 1000 companies improve visibility, accelerate MTTR by up to 70%, improve network automation to deliver operational maturity to IT organizations, and much more.

“M/C Partners is the premier partner to enable growth and expanded thought leadership in innovative service companies,” says Frank Cittadino, Chief Executive Officer at QOS Networks. “Our services and management platform deliver a superior experience to global clients through real-time edge network visibility and control. This investment from M/C Partners underscores the global SD-WAN leadership we’ve built to date and provides incredible opportunity to continue to scale our business.”

“QOS Networks is a market leader in edge network design and management, with a core focus on SD-WAN. The company has built a great platform, but most of all, they focus on exceeding customer expectations and we are thrilled to partner together. Strong technology and great service is a powerful combination,” says Partner, Travis Keller, of M/C Partners. “The network is going to reshape almost all corporate networks over the coming years, and QOS Networks is at the forefront of this transition.”

“QOS Networks manages a large share of the most complex SD-WAN deployments from the very largest and most sophisticated enterprises,” says Managing Partner, Gillis Cashman, of M/C Partners. “Our partnership with the leadership team at QOS Networks will improve its platform development and growth trajectory in the near term.”

“I am proud of the business that we have built, and I look forward to the next chapter of growth,” says QOS Networks Founder, Brian Perrott. “The QOS Networks partnership with M/C Partners gives me great confidence that we will continue to build on our outstanding reputation for delivering managed network solutions through our Intelligent Network Platform and provide our clients the absolute best user experience.”

For more information on QOS Networks, visit us at qosnet.com.

About QOS Networks
QOS Networks is redefining the network edge with their intelligent and robust solutions. QOS Networks brings a holistic network solution to enterprise networks through their Intelligent Network Platform – simplifying operations and enabling IT teams to welcome the future of network technology. QOS Networks is an expert in the design, deployment, and management of edge solutions like SD-WAN, security, advanced analytics, multi-cloud enablement, and much more. Their tool and integration-based Intelligent Network Platform brings enterprises a simpler way to grow and manage their network ecosystem that solves their business needs.

Cuba Burch Berner

Cuba Burch Berner is an Associate at M|C Partners, where he focuses on investment opportunities in digital infrastructure and technology services. Prior to joining the firm in 2022, Cuba was an Equity Research Associate at Citi covering infrastructure companies within the telecommunications industry, including data centers and wireless towers. He holds a B.S. in Mathematics with a specialization in Economics from the University of Chicago. Cuba currently lives in Boston’s West End and enjoys  a myriad of outdoor activities including running, swimming, hiking, and skiing.

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2022

AFFILIATED PORTFOLIO

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BOARD POSITIONS

AccentHealth

AccentHealth operates an out-of-home advertising network that reaches over 12,000 physician office waiting areas in the U.S. – JOHN WATKINS

TEAM MEMBERS

SECTOR

IT SERVICES

James F. Wade

Jim Wade co-founded M/C Partners in 1986 with Dave Croll. He has been investing in communications and technology services since the advent of wireless and broadband, cornerstones of the firm’s sector focus. As a founding managing partner, he manages the firm’s investment process, and continuously seeks out management teams, company prospects and financial resources to grow the portfolio. Jim’s successful track record includes MetroPCS (IPO), Lightower Holdings (acquired by Berkshire Partners), Triad Communications (acquired by T-Mobile), Brooks Fiber Properties (IPO and sale to AT&T Wireless), Cavalier Telephone (acquired by PAETEC), NuVox Communications (acquired by WindStream), Attenda (acquired by Darwin Private Equity), Melita (acquired by Apax Partners), PR Wireless (joint venture with Sprint affiliate in Puerto Rico), Thrive Networks (acquired/recapitalized by Court Square) and Involta (acquired by Carlyle Group). Today he serves as a director on the Board of Connectivity Wireless and has responsibility for Omega Wireless. Jim graduated from the University of Notre Dame a B.B.A in Finance and received an MBA from Harvard Business School. He lives outside Boston with his wife and four children. Jim was an avid boater and is now an average golfer.

JOINED

1986

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BOARD POSITIONS
Connectivity Wireless

 

Connectivity
Wireless
Involta

Abhishek Rampuria

Abhishek (A.B.) is a Partner at M/C Partners, where he leads origination, deal diligence and portfolio company support for investments in a variety of communications and technology services segments. He currently serves on the Board of Ascend Technologies, Connectivity Wireless, Edafio Technology Partners, TowerCom and serves as a Board Observer for Thrive Networks. A.B. previously served as a Board Observer for Ensono (acquired by KKR) and QOS Networks (acquired by Zayo). Prior to joining M/C Partners in 2015, A.B. worked at Altman Solon (formerly Altman Vilandrie), a technology, media & telecommunications focused strategy consulting firm, where he completed projects for both operating companies and private equity investors. A.B. received a B.S. in Materials Science & Engineering from the Massachusetts Institute of Technology. He lives in Boston’s South End and outside of work, enjoys skiing, cycling, traveling and cheering on his home-town Patriots and Celtics.

Joined

2015

AFFILIATED PORTFOLIO

Thrive Networks

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Ascend Technologies
Connectivity Wireless
Edafio Technology Partners
TowerCom