November 11, 2013 (Atlanta, GA): Cogent Growth Partners, LLC (Cogent), the buy-side M&A advisory firm specialized in information technology (IT) services industry mergers and acquisitions, announced today that Bruce Teichman has joined the firm as Vice President and becomes its newest Partner.
“We are very excited to have Bruce join our management team,” said Rick Murphy, CEO and Managing Partner at Cogent, “his history as a former MSP owner and his IT business development background, coupled with his many years successfully working with owners of IT service providers to become part of All Covered while he led M&A activities there, will help him swiftly integrate into the Cogent Growth Partners approach. We expect he will immediately become a vital member of the company and is well positioned to help our clients grow”.
Mr. Teichman has over 25 years of experience in all facets of the IT services industry including roles in software development, network engineering, project management, direct sales and sales management, partner development, executive management, mergers and acquisitions and as a business owner. His career spans several Fortune 500 firms, and he has owned and operated successful IT service businesses in both New York and Atlanta. Mr. Teichman joined the nationwide MSP All Covered when they acquired his Atlanta-based firm, Terminal Solutions.
During Mr. Teichman’s tenure at All Covered, he served in a variety of roles culminating in leading their aggressive Mergers and Acquisitions strategy. Since 2008, he has directly sourced and negotiated dozens of M&A transactions with leading MSPs across the country. Along with his strong technical foundation, Mr. Teichman is highly experienced in the areas of strategy, finance, operations, marketing, business development, human resources and corporate structure. Specific to mergers and acquisition, he is well versed in many areas including growth strategy, acquisition targeting and evaluation, valuation, due diligence, deal structure, negotiation and integration.
“I’ve seen firsthand the dramatic results acquisitions can provide for accelerating growth, but what I love is that these deals always benefit both parties.” said Mr. Teichman, “When done right, M&A is a win-win benefiting each firm and by extension, their respective owners, employees and clients. I’m thrilled to have the opportunity, to work alongside the extremely talented team at Cogent, to help companies across the country benefit from these strategies.”
Mr. Teichman has been featured in MSPMentor, and has been guest speaker at events including Tech Data’s TechSelect Conference and TruMethods’ Schnizzfest. He actively serves on the Board of Directors for JF&CS of Atlanta, a nonsectarian, community-based social services agency. Mr. Teichman holds a B.S. in Computer Science and an M.B.A. from Hofstra University. He lives in the suburbs of Atlanta with his wife and three children.
About Cogent: Cogent Growth Partners is a buy-side merger & acquisition advisory firm specialized in the information technology (IT) managed service provider and cloud services industries, combining focused merger & acquisition know-how with deep IT Services operational expertise. Cogent is focused on helping IT Service companies and MSP’s realize growth via planning and execution of customized merger and acquisition strategies. Helping these business owners create successful companies that deliver exceptional financial results and improved equity value – all while mitigating many of the risks often associated with planning and executing acquisition and exit strategies. For more information visit http://www.cogentgrowthpartners.com
Media Contact: Rick Murphy, Cogent Growth Partners, 978-566-9990 x 103 firstname.lastname@example.org
Posted on Nov 11, 2013