Green Cloud Acquires Ohio-Based ANS Corporation and Secures $5mm Investment from Spring Capital Partners

Greenville, SC – November 9, 2015 – Green Cloud Technologies, a channel-only provider of Cisco powered Infrastructure as a Service (IaaS) and Disaster Recovery as a Service (DRaaS) solutions has acquired ANS Corporation an IaaS and Software as a Service (SaaS) provider based in Akron, Ohio.

The acquisition agreement closed on October 31, 2015, having been approved by the Board of Directors.  Coinciding with the acquisition, Spring Capital Partners has made a $5mm investment in Green Cloud to increase sales and marketing investments in Green Cloud’s channel program.

Brian McDaid, managing director of Spring Capital Partners said, “We’ve been tracking Green Cloud for some time and the rapid growth from the team has been exceptional and consistent.  We look forward to years of expansion together”.

The acquisition gives Green Cloud a third production data center in Akron, Ohio to complement existing facilities in Nashville, Tenn. and Greenville, S.C.  It will also expand Green Cloud’s product portfolio with Microsoft Hyper-V infrastructure hosting in addition to the existing VMware infrastructure hosting solution.  Additionally, ANS brings domain expertise managing healthcare SaaS applications to be further leveraged through the Green Cloud channel partners.

“ANS has done an excellent job of delivering public and private clouds to businesses for many years,” commented Shay Houser, CEO of Green Cloud. “With this acquisition, Green Cloud can now offer the additional solutions, data center locations, and healthcare SaaS expertise our partners want.”

“This is an exciting time for ANS as we join forces with the Green Cloud team,” Joe Aiello, CEO of ANS.  “Bridging our knowledge and experience working with managed service providers with Green Cloud’s presence within the channel community will provide the unique opportunity to offer cloud solutions and training for the channel, created by the channel. ”