Myriad360 Acquires Advizex, Forms $900M Firm
Global solutions integrator Myriad360 has acquired Advizex Technologies to create a combined enterprise infrastructure and AI platform valued at $900 million. The deal creates a scaled global entity focused on AI activation, managed services, and modern infrastructure delivery.
- Advizex was acquired by Fulcrum IT Partners in March 2023 as a key part of Fulcrum's strategy to build a major everything-as-a-service (XaaS) business in North America. This recent transaction history indicates a strategic focus on scaling managed and consumption-based IT services. - The newly formed company will have a significant geographic footprint, combining Myriad360's presence with Advizex's established enterprise relationships in markets where Myriad360 had a limited presence. - Myriad360 has demonstrated consistent growth, appearing on the Inc. 5000 list of fastest-growing private companies 14 times, with a three-year revenue growth of 77% reported in 2025. This indicates a strong trajectory leading into the acquisition. - The combined entity will offer a comprehensive suite of services covering the full AI lifecycle, from infrastructure and cloud to data activation and managed support. For a SaaS founder, this means a single-source partner for building, deploying, and managing the infrastructure needed to support AI-powered features in their social media tool. - Advizex has a long history in the IT industry, having been founded in 1975. This brings nearly five decades of experience in enterprise IT solutions and over 800 technical certifications to the new company. - The acquisition is a strategic move to address the growing enterprise demand for AI-ready infrastructure and data platform modernization. This aligns with the user's need to understand how agencies are adopting AI, as the combined firm will be a key enabler of this transformation. - For B2B SaaS companies, the merger provides a partner with expertise in creating scalable, secure, and efficient cloud environments, which are crucial for social media customer acquisition tools that need to handle large volumes of data and user activity. - The deal combines Myriad360's strengths in infrastructure integration, cybersecurity, and data center deployment with Advizex's expertise in hybrid infrastructure, data engineering, and managed services.
