Onix Networking Corp. has taken on a private equity growth investment from Tailwind Capital.
A Google Cloud Partner, Onix helps more than 1,400 customers leverage Google Cloud infrastructure and capabilities. The company is a 12-time Google Cloud Partner of the Year and a Google Cloud Managed Services Partner. Onix will use the PE firn's backing to increase its focus on building out advanced service offerings to complement its Workspace and Google Cloud Platform practices, including significantly scaling its technical consulting, application development, data and analytics and managed services businesses.
“We are excited to partner with the Tailwind team to invest behind new ways to serve our customers” Onix founder Tim Needles said in a statement. “We look forward to expanding our service offerings and continuing to invest in talent to support our customers at all stages of their cloud transformation journeys.”
Tailwind and Onix said they have aggressive growth plans, including scaling the company globally and pursuing acquisition targets to further strengthen the company’s service offerings and delivery capabilities.
DC Advisory served as financial advisor and McDonald Hopkins served as legal advisor to Onix. Lazard served as financial advisor and Davis Polk & Wardwell served as legal advisor to Tailwind Capital.