11:11 Systems, an infrastructure services firm backed by Tiger Infrastructure Partners, has acquired Static1, a provider of managed network services.
Static1’s services spans from connectivity and security management to monitoring and infrastructure technology.
“Feedback from customers has shown that there is a dearth of offerings that combine cloud, connectivity and security in one platform,” said Brett Diamond, CEO of 11:11 Systems. “We are focused on providing the platform for these three core pillars while ensuring that our customers’ apps and data are always running, accessible and protected. Static1 is a natural addition to our portfolio because of the team’s significant depth in connectivity. With this acquisition, we will strengthen our existing managed services and add entrenched industry expertise and relationships to our portfolio.”
Q Advisors acted as financial advisor to 11:11.