Ntiva, a Cogent client backed by Southfield Capital, is a managed services, cloud and cybersecurity provider headquartered in McLean, VA. On November 30, 2020 Ntiva acquired Netlink Systems, a Queens, NY managed service provider (MSP) and white glove IT services support firm.
DAS Health Ventures (DAS) acquires another IT services company with heavy healthcare industry experience and reach. On December 1, 2020 DAS closed its acquisition of Amarillo, TX-based Randall Technology Services, LLC. The transaction, sourced and advised by Cogent Growth Partners as the buy-side intermediary for DAS, will have Randall Technology’s clients gain an increased depth of support, and a substantially improved value proposition adding DAS Health’s award-winning offerings.
Executech acquires another full-service IT support provider. In August 2020 Executech closed its acquisition of Phoenix-based USPCNET. The transaction, sourced and advised by Cogent Growth Partners as the buy-side intermediary for parent Evergreen, further expands Executech out of its Utah headquarters, gaining increased managed service capabilities.
DAS Health Acquires Technology Seed for MSP and Cybersecurity Capabilities, Advised By Cogent Growth Partners
DAS Health Ventures (DAS) acquires another IT services company with heavy healthcare industry experience and reach. On August 1, 2020 DAS closed its acquisition of New Hampshire-based Technology Seed, ending a year-long journey. The transaction, sourced and advised by Cogent Growth Partners as the buy-side intermediary for DAS, expands DAS’s reach into New England, gaining increased managed service and cybersecurity capabilities.
This is the 4th acquisition Cogent has performed its intermediary work to get closed during the pandemic in the months of May through July 2020.
ProArch, a provider of cloud consulting, data platform, data science and product engineering services to more than 200 customers worldwide and headquartered in Atlanta. In late May 2020 ProArch has acquired fellow global cloud consulting and engineering firm and Microsoft Gold Partner iV4 . The transaction, sourced and advised by Cogent Growth Partners as the buy-side intermediary for ProArch, brings stronger Microsoft capabilities to ProArch and adds to their global market share of services offered
Cogent EVP & Sr. Partner George Sierchio Educational Webinar on “Being an IT Services Company Buyer – A Look Beyond the Velvet Rope” for the ASCII Group March 5, 2020
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.
Ntiva, a Cogent client backed by Southfield Capital, is a managed services, cloud and cybersecurity provider headquartered in McLean, VA. In early January 2020 Ntiva acquired Equilibrium IT Solutions, Inc., a Chicagoland managed service provider (MSP) focused on highly specialized expertise in infrastructure, IT security, cloud solutions, disaster recovery, IT business planning, strategic advising, and Merger & Acquisition IT consulting.
Cogent buy-side client Computer Support, LLC (dba StratusPointIT), is a national provider of managed IT and cloud services for small and medium businesses headquartered in Natick, MA. In early November 2019, StratusPointIT acquired LightWire, Inc., a Massachusetts based IT services provider with a strong presence in the New England area.
This panel is moderated by Arlin Sorenson of Connectwise and is happening at 2:50PM on Friday Nov 1. Every M&A deal has its challenges. But what happens when challenges become problems that threaten the financial value and overall viability of the deal? In this session, you’ll hear from Rick and the panel who experienced major deal challenges.