Drake Star Partners Advises Sunstone Partners On Its Investment In Qwinix And Merger With Cloudbakers

New York | San Mateo | Chicago | Denver | May 28, 2021 – Sunstone Partners, a growth-oriented private equity firm focused on tech-enabled cloud services companies, announced it is merging Google ecosystem-leaders Cloudbakers LLC and Qwinix Technologies, Inc. in a combination that will create one of the largest Google Cloud-focused partners in the Google ecosystem. Cloudbakers, a Google Cloud Premier Partner, has been a Sunstone portfolio company since its growth capital investment in late 2020.

Drake Star Partners acted as financial advisor to Sunstone Partners on this transaction.

Headquartered in Denver, Qwinix is a cloud-native consultancy on a mission to help companies engineer a brighter future. Driven by a distinguished engineering core, Qwinix works with clients to modernize their infrastructure, develop powerful digital experiences and strategically adopt innovative cloud solutions.

Backed by Sunstone, the combined entity will provide an end-to-end experience for professional and managed services for both Google Workspace and the Google Cloud Platform. Michael Biggee, co-founder and managing director at Sunstone, said, “Sunstone is an active investor in the Cloud Services space and is excited to partner with Cloudbakers and Qwinix to further invest in the team and help support the continued growth of the combined company.”

Jeff Baker, Managing Partner at Drake Star Partners, said: “We are excited to be able to support two great teams in building one of the largest Google Cloud-focused service partners in the ecosystem.”

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About Cloudbakers

Cloudbakers is a Google Cloud Premier Partner that has been helping organizations successfully migrate to cloud technologies for nearly a decade. Being one of only a few Google Cloud Premier Partners, their mix of 50% tech skills and 50% people skills means they bring together custom solutions and side-by-side support. Adopting and adapting to changing technology is a difference maker for any business– that’s what Cloudbakers is here to help with. They bring the cloud down to earth.

For more information, please visit www.cloudbakers.com

About Qwinix

Qwinix is a cloud-native consultancy firm and Google Cloud Platform Partner. The firm focuses on digital transformation enablement with a leading-edge suite of engineering and cloud solutions. Founded in 2012, Qwinix is headquartered in Denver, Colorado, with facilities in India and Costa Rica.

For more information, please visit www.qwinix.io

About Sunstone Partners

Sunstone Partners is a growth-oriented private equity firm that makes majority and minority investments in technology-enabled services and software businesses. Recently recognized Inc.’s 2020 PE 50 founder-friendly private equity firms for entrepreneurs, the firm seeks to partner with exceptional management teams, often as their first institutional capital partner, to help accelerate organic growth and fund acquisitions. Founded in 2015, the firm has $800 million of committed capital to its first two funds.

For more information, please visit www.sunstonepartners.com