Evolve IP Acquires Paragrid

Evolve IP has acquired Paragrid, an Inc. 5000 cloud services company headquartered in Cleveland, Ohio. The strategic acquisition is part of Evolve IP’s national expansion plans and complements its current presence in the Midwest market.
Guy Fardone, Chief Operating Officer and General Manager of Evolve IP, stated “M&A remains a key part of our national expansion strategy, and with this acquisition, Evolve IP gains new enterprise customers, consulting services and world class data centers to support our Midwest market. We continue to seek more companies that are interested in growing with Evolve IP.”

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