Technology News

The MSP M&A Market 2023: Bigger Deals, More Money, More Rollups

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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.

FOCUS Investment Banking Advises MSP Corp in its Acquisition to Alfar Capital and Walter Capital Partners and merger with Groupe Access

Washington, DC, (May 2, 2023) – FOCUS Investment Banking (“FOCUS”),  a national middle market investment banking firm providing merger, acquisition, divestiture, and corporate finance services, announced today that MSP Corp, a renowned Canadian managed service provider group, has been acquired by Alfar Capital and Walter Capital Partners. FOCUS advised MSP Corp in this transaction.

FOCUS Investment Banking Represents Professional Computing Resources in its Sale to Valsoft

Washington, DC, (March 30, 2023) – FOCUS Investment Banking (“FOCUS”), a national middle market investment banking firm providing merger, acquisition, divestiture and corporate finance services, announced today that the assets of Professional Computing Resources (“PCR”), a leading developer of software solutions serving enterprise IT departments, has been acquired by Valsoft Corporation, Inc. (“Valsoft”), a Montreal-based company specializing in the acquisition and development of software companies in vertical markets. This will mark Valsoft’s entry into the IT service and asset management (ITSM/ITAM) space. FOCUS represented PCR in this transaction.

FOCUS Investment Banking Advises DS Tech in its sale to New Charter Technologies

Washington, DC, (February 17, 2023) – FOCUS Investment Banking (“FOCUS”),  a national middle market investment banking firm providing merger, acquisition, divestiture, and corporate finance services, announced today that DS Tech, a managed IT service provider based in Escanaba, Michigan, has been acquired by New Charter Technologies, a portfolio company of Palo Alto-based private …

FOCUS Investment Banking Advises ProVelocity in its Merger with IronEdge and Recapitalization with The Riverside Company

Washington, DC, (February 13, 2023) – FOCUS Investment Banking (“FOCUS”),  a national middle market investment banking firm providing merger, acquisition, divestiture, and corporate finance services, announced today that The Riverside Company (“Riverside”), a global private investor focused on the smaller end of the middle market, has merged ProVelocity, a long-standing managed IT solutions provider …

FOCUS Investment Banking Represents Queen Consulting Group in its sale to Talent Group

Washington, DC, (January 13, 2023) – FOCUS Investment Banking (“FOCUS”), a national middle market investment banking firm providing merger, acquisition, divestiture and corporate finance services, announced today that Queen Consulting Group (“Queen”), a nationally recognized IT staffing and consulting company specializing in healthcare and pharmaceutical IT, Epic electronic medical record (EMR) system implementations, financial services, and …