Presidio Boosts ServiceNow Business By Buying Majority Stake In Elite Partner Contender Solutions

Presidio makes its second acquisition in one month with the purchase of ServiceNow Elite partner Contender Solutions.

Channel powerhouse Presidio has acquired a majority stake in one of ServiceNow’s top partners to boost the $6 billion company’s ServiceNow business, specifically around software management services and implementation.

Presidio CEO Bob Cagnazzi (pictured) said the acquisition of Contender Solutions comes as tech leaders are seeking enterprise management services to automate processes that deliver business outcomes and enable customers more time to drive innovation.

“We’re excited Contender is now part of Presidio to seamlessly support our clients’ ServiceNow platforms and achieve outcomes that drive their business success,” Cagnazzi said in a statement on Monday announcing the deal.

The acquisition comes just one month after Presidio purchased Internetwork Engineering in October to enhance the New York City-based company’s networking, data center and cybersecurity sales. Buying North Carolina-based Internetwork also helped Presidio to better position itself to serve customers across the Southeast region of the U.S.

Contender Solutions is based in Tampa, Florida, which will also boost Presidio’s market presence in the Southeastern U.S.

These pair of acquisitions came after Presidio itself was bought by private equity giant Clayton Dubilier and Rice (CD&R) in April.

Financial terms of the Contender Solutions deal were not disclosed.

Who Is Contender Solutions?

Founded in 2012, Contender Solutions is an Elite ServiceNow partner that provides a slew of IT services including advisory, operations, managed services and cybersecurity.

The company specializes in managed services and staff augmentation where Contender’s experts work as an extension of a client’s in-house team.

Contender offers practices for all stages of customer maturity, spanning from software management to security operations, as well as helping customers develop innovative solutions aimed at boosting performance, efficiency and growth.

Overall, Contender will enhance Presidio’s ServiceNow software services and implementation offers with the goal of better streamlining IT operations and increase customer productivity.

ServiceNow President And Contender CEO Weigh In

Tom Hannigan, ServiceNow’s president of the Americas, said Presidio and Contender Solutions together will help drive consumption of the ServiceNow platform

“Presidio has strong relationships with customers who turn to them for their IT operations experience, AI expertise and outcome-oriented approach,” said Hannigan in a statement.

Contender Solutions CEO Jason Beck said in a statement that the newly combined company will growth alongside together and drive “value across Presidio’s entire client base.”

“Joining Presidio is a great opportunity for us to expand the services and value we provide our customers, and equally important, it’s a cultural fit for our team,” said Beck.

Presidio ranks No. 21 on CRN’s 2024 Solution Provider 500 list.