Ty Trumbull

Managed IT services provider The 20 MSP has acquired three new MSPs: Tech Junkies MSP, Matrix Solutions, and Level 10 Technology. Financial information was not disclosed for any of the deals.

It’s an issue that has plagued many a managed service provider over the years: How do you fire a customer?

Kian Capital Partners has sold MSP platform company The Purple Guys to Ntiva for an undisclosed amount.

Merger and acquisition (M&A) activity in the MSP and MSSP spaces has been relatively consistent over the years, with companies buying up one another to gain strategic advantages. This continued consolidation has led to the emergence of platform companies - MSPs and MSSPs that acquire smaller companies and roll them under the same umbrella.

For Integris, trust and reputation (or lack thereof) are deal-breakers for an acquisition target.

After months of rumors, we have official confirmation: ConnectWise will acquire data protection and disaster recovery provider Axcient in a transaction expected to close in the coming weeks, the company announced. In addition, ConnectWise has acquired SkyKick, a cloud backup and management software company.

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SiliconAngle reports that operational technology solutions provider Network Perception has been purchased by Dragos, an industrial control system cybersecurity firm, in a bid to bolster visibility into OT networks.

Dasera’s existing operations will have an immediate positive impact for Netskope customers.

Looking for a quality MSP to buy? Get in line. After a few years of frenzied M&As in the managed services market, deals slowed in 2023 and 2024. Sure, high interest rates, high inflation and other macroeconomic trends contributed to that slowdown. But if you ask anyone who watches the market closely, they’ll tell you the biggest problem is pipeline. There aren’t enough quality MSPs of a certain size.