WatServ

WatServ is a managed cloud service provider that specializes in IT solutions, aiding businesses in transitioning to and optimizing their cloud environments for enhanced operational efficiency and resilience. Founded in 2005 in Southfield, US, WatServ provides managed cloud services. The company underwent a significant change when it was acquired by CentriLogic Inc. in December 2022, allowing it to expand its full-stack solutions.

The firm has completed 2 deals, with the most recent deal occurring in December 2022. The CEO is Dave Lacey, who has a rich history in the tech industry. WatServ is a managed cloud service provider specializing in a broad suite of IT solutions aimed at helping businesses transition to and optimize their cloud environments. Their core offerings include cloud consulting, managed services for disaster recovery, and fully managed Security Operations Center as-a-Service (SOCaaS) solutions.

WatServ’s services cater to a diverse clientele, ranging from mid-sized firms to large enterprises, ensuring elevated business continuity and enhanced operational resilience. The company also provides managed infrastructure services for Microsoft Dynamics, facilitating migrations to Azure cloud environments, thereby meeting the needs of organizations looking to modernize their enterprise resource planning (ERP) systems. WatServ’s clientele spans various industries across North America, Europe, and Asia, indicating a robust international presence that leverages both public cloud infrastructures and private cloud environments to deliver tailored solutions. WatServ generates revenue primarily through subscription-based models, where clients engage in long-term contracts for its range of services, including managed cloud services, disaster recovery solutions, and consulting engagements.

These transactions typically involve B2B relationships, whereby WatServ partners with organizations to develop customized cloud strategies and manage their IT infrastructure. Clients benefit from structured pricing plans that reflect the specific services utilized, such as disaster recovery as a service or managed services for Microsoft Dynamics. The firm’s revenue structure supports both immediate project-based fees and ongoing service fees, allowing for a predictable revenue stream that aligns with client needs over time. WatServ's established reputation in the marketplace enables it to maintain a consistent client base, ensuring robust performance in its financial engagements.

Following its acquisition by CentriLogic Inc. in December 2022, WatServ plans to accelerate the development of full-stack solutions, enhancing its cloud, cybersecurity, and application management services. The acquisition is expected to facilitate expansion across Canada and the USA. CentriLogic aims to leverage WatServ's capabilities to broaden its geographic footprint, supporting its strategic growth objectives.