
Velosio
Velosio formed by combining SBS Group and Socius.
Date | Investors | Amount | Round |
---|---|---|---|
investor | €0.0 | round | |
* | N/A | Growth Equity non VC | |
Total Funding | 000k |
In the world of technology service providers, scale often dictates success. This is the story of Velosio, a company born not in a garage, but from a strategic combination of established players. In December 2017, two major Microsoft Dynamics service providers, SBS Group and Socius, announced they were merging to form a new entity: Velosio. This wasn't a fledgling startup; it was the creation of a powerhouse in the North American market, combining decades of experience. The leadership teams of both organizations, including James Bowman from SBS Group and Jeff Geisler from Socius, came together to lead the new company. Their goal was to create a single entity that could better serve mid-market businesses navigating the shift to cloud technologies, particularly within the Microsoft ecosystem. The merger created one of the largest privately-owned Microsoft partners, supporting the entire Microsoft business solutions portfolio from Dynamics 365 to Azure. The next chapter in Velosio's journey was marked by significant outside investment. In March 2019, private equity firm Harren Equity Partners invested in the company, providing capital to accelerate growth and pursue acquisitions. This strategy continued to play out, and in March 2024, Velosio announced a new strategic investment from Court Square Capital Partners, a private equity firm with a deep focus on IT services. This partnership was designed to further expand Velosio's footprint and solidify its position as a leading provider of Microsoft cloud solutions.
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Investments by Velosio
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