Thursday, May 2, 2024

US cloud commerce marketplace acquires Derby company

Pax8, the US cloud commerce marketplace, has acquired Derby’s Bam Boom Cloud, a Microsoft Dynamics 365 Business Central services organisation.

The acquisition creates a new market opportunity for managed service providers (MSPs) to easily add new lines of business services offerings leveraging Bam Boom’s Microsoft Dynamics expertise.

“Business process automation is on the rise, and the Bam Boom acquisition will enable us to create new simple go-to-market strategies and services for partners to build on their Microsoft Dynamics technology offerings,” said John Street, Chief Executive Officer at Pax8.

“Together, our people, cloud marketplace, programs, services, and resources will enable MSPs to capitalize on the market opportunities with Business Applications solutions and add new revenue streams to their organizations.”

According to Forrester, Microsoft business applications services will hit $10.3 billion in 2025. The applications will continue to see significant growth supported by the fast-growing services ecosystem.

Bam Boom has more than 135 employees across the United States, United Kingdom, Germany, India, and Canada, with expansive knowledge and expertise in cloud solutions. Bam Boom offers affordable, fixed monthly pricing and fixed-scope technology solutions designed for small and medium-sized businesses (SMBs). The company is the Global 2022 Microsoft Partner of the Year, Dynamics 365 Business Central.

“We are excited for Bam Boom to join Pax8 to scale our technology solutions to the channel ecosystem,” said Vicky Critchley, CEO at Bam Boom. “Bam Boom is passionate about helping businesses be as sustainable as possible and build a strong foundation with reliable, cloud-based accounting solutions with Microsoft Dynamics 365 Business Central. Pax8 will enable us to expand our reach and help more businesses grow with Microsoft business solutions.”

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