An interview with Jeb Connor, Managing Director & Team Leader, Sale Preparation Advisory Service
When the owners of Alpha Systems—an established, family-owned document and records management services business—decided it was time to sell, they sought expertise to help determine the best exit strategy that would ensure maximum value for the family without compromising on their …
Merger and acquisition activity in the IT service provider, managed services, cloud services, and other technology service provider space has been robust so far in 2023. But there are some shifts happening in the size of M&A deals. For instance, earlier this week, ChannelE2E reported on a gigantic and complex rollup deal of 15 managed service providers into a single company called MSP Corp. This new company will provide IT managed services to the entire country of Canada. Another deal announced this week marked the rollup of 4 MSPs into a single company, Procurement IT.
Inflation, rising interest rates and global economic uncertainty are the main themes for 2023 so far. Yet M&A deal activity in the middle market remains fairly steady as investors have plenty of capital to invest and continue to concentrate on quality assets.
The ophthalmology sector continues to be a robust market entering Q2 2023. There are more than 25 core private equity platforms within ophthalmology, plus smaller regional PE-backed groups. Read more here.