Netrix’ Acquisition of Managed IT Services Business Unit from Contegix

Skadden, Arps, Slate, Meagher & Flom advised Netrix, while Wilson Sonsini Goodrich & Rosati PC advised Contegix on the deal.

Netrix, LLC, a leading provider of managed and professional IT services, with a core focus on cloud, security, collaboration, information technology service management and application development solutions, announced the acquisition of the Managed IT Services business unit of Contegix, LLC.

The acquisition significantly expands Netrix’s market presence in the Northeast and Mid-Atlantic regions, and adds substantial scale to its ITSM service desk and cloud managed services capabilities.

Contegix® provides cloud, application lifecycle management, and managed services to all markets from start-up to enterprise. Offering public (AWS & Azure), private, and hybrid cloud, we also serve as a trusted advisor for IaaS and PaaS. 

Bank Street Group LLC served as exclusive financial advisor to Contegix in connection with this transaction

The Skadden team included M&A partners Allison Schneirov (Picture; New York) and Alexandra McCormack (New York), and associates Lauren Kramer (New York) and Alyssa Gaudio (New York); Banking partner K. Kristine Dunn (Los Angeles); Intellectual Property and Technology partner Ken Kumayama (Palo Alto) and associate Pramode Chiruvolu (Palo Alto); Tax partner Gavin White (New York); Executive Compensation and Benefits partner Joseph Penko (New York); and Labor and Employment Law counsel Annie Villanueva (Palo Alto)

Involved fees earner: Pramode Chiruvolu – Skadden Arps Slate Meager & Flom; Kristine Dunn – Skadden Arps Slate Meager & Flom; Alyssa Gaudio – Skadden Arps Slate Meager & Flom; Lauren Kramer – Skadden Arps Slate Meager & Flom; Ken Kumayama – Skadden Arps Slate Meager & Flom; Alexandra McCormack – Skadden Arps Slate Meager & Flom; Joseph Penko – Skadden Arps Slate Meager & Flom; Allison Schneirov – Skadden Arps Slate Meager & Flom; Annie Villanueva – Skadden Arps Slate Meager & Flom; Gavin White – Skadden Arps Slate Meager & Flom;

Law Firms: Skadden Arps Slate Meager & Flom;

Clients: Netrix;

Author: Martina Bellini