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loop1.com

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About Loop1 Systems

Loop1 Systems provides IT infrastructure solutions for clients of all sizes and verticals.

Loop1 Systems Headquarter Location

Austin, Texas,

United States

877-591-1110

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Latest Loop1 Systems News

Loop1 winds up Australian business

Jun 8, 2021

Loop1 winds up Australian business Loop1 winds up Australian business Liquidator PKF Melbourne was appointed on 7 June to wind up the local arm. Credit: Loop1 Cisco Premier partner Loop1 has shuttered its Australian operations, with liquidator PKF Melbourne appointed on 7 June to wind up the local arm. The news follows 16 months after Melbourne-based Cisco Premier partner Xlate Group merged with SolarWinds partner Loop1 Systems, effectively coming under the Loop1 brand. It is understood the company's Australian office is currently the only one to be shutting down, with operations remaining in US, UK, Ireland, Germany, Singapore and Sri Lanka. Loop1 COO and former Xlate CEO Anthony Bettanin confirmed with ARN that the company had ceased local operations. “The remainder of the Loop1 group outside Australia (US, UK, Ireland, Germany, Singapore, Sri Lanka) continues,” Bettanin said. “We will offer remote services to the Australian market. "We have also engaged a local delivery partner in Australia to work with our customers through this transition," he added. Bettanin came across as Loop1 COO at the time of the Xlate merger and relocated to Austin, Texas, along with Xlate managing director Luke Woolmer, who took on the role of Loop1 president. At the time, Bettanin said the company would be adopting the Loop1 brand across the entire group, which claims more than 100 employees globally and revenues exceeding US$30 million. In March, Loop1 expanded into Germany through purchasing SolarWinds reseller I. Tresor.

Loop1 Systems Acquisitions

2 Acquisitions

Loop1 Systems acquired 2 companies. Their latest acquisition was Xlate Group on February 05, 2020.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

2/5/2020

Merger

1

10/1/2019

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$99M

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10

Date

2/5/2020

10/1/2019

Investment Stage

Companies

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Valuation

Total Funding

$99M

Note

Merger

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Sources

1

10

Loop1 Systems Partners & Customers

1 Partners and customers

Loop1 Systems has 1 strategic partners and customers. Loop1 Systems recently partnered with Ayehu on .

Date

Type

Business Partner

Country

News Snippet

Sources

Licensor

Ayehu

United States

Loop1 Systems and Ayehu announce Global Reseller Partnership / 0 Comments /in IT Process Automation , News & Events /by Gabby Nizri.

Austin , Texas based Loop1 Systems , a leading global IT Services company , has announced their reseller partnership with Ayehu Inc. , the industry 's leading provider of enterprise class , light weight IT process automation solutions .

1

Date

Type

Licensor

Business Partner

Ayehu

Country

United States

News Snippet

Loop1 Systems and Ayehu announce Global Reseller Partnership / 0 Comments /in IT Process Automation , News & Events /by Gabby Nizri.

Austin , Texas based Loop1 Systems , a leading global IT Services company , has announced their reseller partnership with Ayehu Inc. , the industry 's leading provider of enterprise class , light weight IT process automation solutions .

Sources

1

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