NEW YORK, Nov. 30, 2015 - Presidio LLC ("Presidio" or the "Company") announced today that it has acquired the assets of Sequoia Worldwide LLC, a leading consulting, integration, and services company focused exclusively on private and hybrid cloud solutions. Sequoia's cloud consulting and integration capabilities help ensure successful implementations of their clients' strategic cloud initiatives.
"The acquisition of Sequoia continues our leadership in advising, architecting and implementing solutions that enable our customers to derive maximum value from their cloud investments," stated Bob Cagnazzi, CEO of Presidio. "Sequoia's cloud expertise enhances Presidio's capability to advise customers on the optimal way to leverage both private and public cloud resources to develop the optimal hybrid model that will deliver scalable, secure, high performing service delivery models for our clients."
Sequoia has demonstrated expertise in implementing cloud automation, service catalog and process orchestration solutions. Their consulting and integration teams have deep-domain knowledge with a variety of cloud technologies from industry leaders such as Cisco, VMware, Microsoft, and OpenStack. In addition, Sequoia brings intellectual property in cloud management and brokerage technologies that interface with public cloud services to help companies get the most out of their cloud investment.
"We are very excited about the opportunity to be part of Presidio," stated Steve Hanney, Co-Founder and Managing Partner of Sequoia. "The addition of Sequoia will help Presidio drive innovation and improve business outcomes of its customers and business partners through innovative cloud services that accelerate time to market and create a competitive advantage."
"Our goal is to build the industry's leading cloud solutions practice and accelerate cloud adoption with great people to do architecture, consulting and hands-on solution integration," stated Doug Kryzan, Sequoia Co-Founder and Managing Partner. "Combining industry-leading cloud expertise with the industry's leading provider of IT solutions and services is a tremendous opportunity for our clients to realize game-changing value and accelerate their deployments."
Sequoia will become the Cloud Business Unit for Presidio and do business as Sequoia Cloud Solutions, a Presidio Company.
Presidio is the leading provider of professional and managed services for advanced IT solutions. By taking the time to deeply understand how our clients define success, we architect enduring technology solutions that address their business needs. Our approach blends the credibility to deliver practical results today, with the creativity to drive the business visions of tomorrow. More than 2,400 Presidio IT professionals, 1,500 of which are engineers with over 2,000 industry leading certifications, are based in 55+ offices across the US. We serve our clients through a unique, local delivery model while capitalizing on our scale as a multi-billion dollar industry leader. We are passionate about driving results for our clients and delivering the highest quality of service in the industry. Presidio is owned by funds affiliated with Apollo Global Management, LLC (NYSE:APO). For more information visit: www.presidio.com.
Safe Harbor Statement
This press release may contain statements regarding beliefs and expectations of the outcome of future events that are forward-looking statements as defined within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that do not relate solely to historical or current facts, and you can identify forward-looking statements because they contain words such as "believes," "expects," "may," "will," "should," "seeks," "approximately," "intends," "plans," "estimates," "projects," or "anticipates" or similar expressions that concern the strategy, plans or intentions of Presidio LLC. These forward-looking statements are subject to risks and uncertainties that may change at any time, and, therefore, actual results may differ materially from management's expectations reflected in our forward-looking statements. Presidio LLC takes no responsibility for updating the information contained in this press release following the date hereof to reflect events or circumstances occurring after the date hereof or the occurrence of unanticipated events.
Chief Marketing Officer