Cogent Growth Partners Advises LeadingIT on Acquisition of CLASS Computing

Growing Cybersecurity IT Firm Seizes Opportunity to Add Engineering Talent

ATLANTA – October 14, 2021 – Cogent Growth Partners, a buy-side intermediary for mergers and acquisitions (M&A) in the IT Services sector, today announced the successful closing of LeadingIT’s acquisition of CLASS Computing, a managed services provider (MSP). LeadingIT specializes in cybersecurity and IT support, while CLASS focuses on managing IT services for fire districts, park districts, non-profit organizations and manufacturers.

Focus on the Opportunity First

Focus on the Opportunity First

IT M&A – it is a heady place to be right now. If you’re contemplating selling, or perhaps becoming a buyer, it’s easy to get confused by all the numbers flying around – especially the ones related to valuations, adjusted revenue, combined free cash flow, and myriad deal structures with all sorts of payout options and closing cash concepts.

Who Determines What Your Business is Worth?

Who Determines What Your Business is Worth?

You may be thinking it’s time to sell your IT services business. To do that, you need to know what it’s really worth.

Most business owners will tell you they have a number in mind. Often, the number comes from a friend who just sold, or a valuation approach touted in an article.

Don’t Sell Your IT Business Like You Sell Your House

Don’t Sell Your IT Business Like You Sell Your House

Often, IT business owners approach selling their venture just as they would sell their home. They list it, wait for the offers to roll in and accept the first or highest price. However, that best offer may start dropping after the dreaded home inspection uncovers required repairs or worse.