The IT service provider market remains fragmented and there also exists a robust M&A market. In the last few years, and still currently in 2020, there are many more buyers than sellers in the IT space and the imbalance is growing. However, most who perceive themselves as buyers will never get a transaction done, or one that bears any fruit.
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Who can forget the running gag in television comedy of the exploding closet? Lurking behind the unassuming closet door lies utter chaos. The character’s challenge is to open the door quickly, retrieve what’s needed and slam the door shut in one rapid movement.
If you own an MSP and are thinking about selling, the first thing you should do is review your books. Adhering to best practices will help your buyer see the value of your company, and the more straightforward your financials are, the faster your transaction can close.
A Shared White Glove Approach to Customer Support Brought MSPs Together ATLANTA – March 14, 2023 – Cogent Growth Partners, a buy-side intermediary for mergers
Cogent Growth Partners (CGP), the leading buy-side advisory firm for IT Services mergers and acquisitions, today announced that it guided MDcentric Technologies through its sale to Medicus IT, one of the country’s leading providers of managed IT services to healthcare providers and organizations.
Cogent Growth Partners (CGP), the leading buy-side advisory firm for IT Services mergers and acquisitions, today announced that it assisted Vertilocity, a managed IT services provider and HBK company, in its merger with Odyssey Software in Q4 of 2022.
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