{"id":92067,"date":"2025-12-17T23:46:13","date_gmt":"2025-12-17T23:46:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/92067\/"},"modified":"2025-12-17T23:46:13","modified_gmt":"2025-12-17T23:46:13","slug":"dallas-broadwing-capital-acquires-nashville-based-cloudscale365-dallas-innovates","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/92067\/","title":{"rendered":"Dallas’ Broadwing Capital Acquires Nashville-Based CloudScale365 \u00bb Dallas Innovates"},"content":{"rendered":"

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Eliot Kerlin, Jr., co-founder and managing partner at Broadwing Capital [Photo: Broadwing]<\/p>\n

Broadwing Capital, a Dallas-based private equity firm specializing in the lower middle-market manufacturing and services sectors, has acquired CloudScale365 as the first investment in its new IT Managed Service Provider (MSP) platform.<\/p>\n

Nashville-based CloudScale365 provides managed IT, cloud, hosting, and security solutions for small and medium-sized businesses.<\/p>\n

\u201cAs we evaluated the IT MSP market and developed our thesis around the industry, it became increasingly clear there was significant addressable whitespace in this highly fragmented industry,\u201d Eliot Kerlin, Jr., co-founder and managing partner at Broadwing Capital, said in a statement. \u201cWith a focus on SMBs and a strong history of growth, CloudScale365 is the ideal cornerstone investment and foundation of our MSP platform.\u201d<\/p>\n

Broadwing said that CloudScale365 brings a strong foundation as the equity firm\u2019s initial MSP platform investment because of its scalable sales engine, longstanding customer relationships, and extensive vertical knowledge across financial services, healthcare, legal, and other sectors. The company offers fully managed and co-managed IT, cloud and infrastructure security, and Microsoft solutions to its clients. Teams provide 24-7 support across nine regional locations in the U.S.<\/p>\n

CloudScale 365 leadership<\/p>\n

\u201cCloudScale365 prides itself on our customized approach to each client\u2019s individualized IT needs, and I\u2019m confident Broadwing Capital is the right partner to help continue our expansion as we build our national service offering,\u201d said CloudScale365 Founder Patrick Hannon. \u201cBroadwing Capital\u2019s proven track record of scaling companies is exactly what we need to further serve the growing needs and complexities of our clients.\u201d<\/p>\n

With outgoing CEO Pat Hannon transitioning to a consulting role after 11 years leading CloudScale365, Broadwing has named Bret Kidd as CloudScale365\u2019s new chief executive. The company\u2019s broader management team remains unchanged.\u00a0 With more than 25 years in IT services across public and PE-backed companies, Kidd has a proven track record of scaling platforms and building valuable companies, Broadwing said.<\/p>\n

\u201cI\u2019m honored to partner with Broadwing Capital as we continue to expand CloudScale365\u2019s reach and services to clients across the nation,\u201d Kidd said. \u201cDuring this next chapter, we are focused on expanding our capabilities across three major pillars: advanced AI solutions, enhanced cybersecurity offerings, and continued investment in infrastructure and support.\u201d<\/p>\n

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