Combined Entity to Target Larger Enterprises with Expanded MSP Offering
ATLANTA – (PRWEB) February 2, 2023 – 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.
The Odyssey team has been integrated with Vertilocity, and now offers an expanded range of IT services and technologies to their legacy customer base as well as HBK’s extensive nationwide client list.
Odyssey’s two primary markets, behavioral health operations and human resources organizations, use the company’s cloud-based product suite to automate business-critical processes. Commercial customers, such as wholesale distributors, professional services companies and construction firms, are a part of the hundreds of clients nationwide that count on Odyssey’s team.
“Bringing these two pioneering MSPs together enables them to offer their current clients a wider array of IT services and technologies and opens the door to serve larger enterprises as well,” said Rick Murphy, Managing Partner, Cogent Growth Partners. “Vertilocity and Odyssey share a deep heritage in the MSP space as well as a customer-first approach, which is now backed by HBK’s deep financial resources.”
About Vertilocity
The core of HBK’s technology division, Vertilocity was also one of the first companies to enter the managed information technology services provider space. Today, the firm offers a wide swath of IT-related services and support, including proactive managed IT support, advanced threat protection, and a full suite of business application tools and software to help small and medium sized companies run their businesses more effectively.
About Odyssey Software
Odyssey Software sells, implements, and supports cloud-based financial, human capital, and budget and planning management business systems to behavioral health, human resources, and commercial clients which include wholesale distributors, professional services firms and construction companies.
About Cogent Growth Partners
Cogent Growth Partners, the leading IT Services mergers and acquisitions advisory firm nationwide with more than 150 closed transactions since 2010, taps into the growth opportunities found in America’s IT businesses. Cogent accelerates the M&A process with a set of proprietary tools and processes that enable buyers and sellers to stay focused on running their respective businesses while they do the M&A work. Anyone who wants to know why Cogent is different, need look no further than their maxim: Providing Transaction Therapy™ to IT Business Owners since 2010. For more information, email info@cogentmergers.com, visit www.cogentmergers.com or call 678-820-5288.
