Cogent CEO Rick Murphy on Business RadioX®’s “Alpharetta Tech Talk

ick Murphy, CEO of Cogent Growth Partners, joins host John Ray to discuss his firm’s work with IT services companies seeking to expand through acquisition, why acquisitions are vital for acquiring talent, not just customers and revenue, why he calls his work “transaction therapy,” and much more. “Alpharetta Tech Talk” is produced virtually by the North Fulton studio of Business RadioX® in Alpharetta.

Cogent Growth Partners Advises WorkSmart on Acquisition of IT Services Firm RMS Associates

Latest transaction is the fourth deal WorkSmart has closed with Cogent providing M&A advisory services

ATLANTA – February 25, 2021 – Cogent Growth Partners, a buy-side advisor and intermediary for mergers and acquisitions (M&A) in the IT services sector, today announced the successful closing of a fourth acquisition for WorkSmart, the company that simplifies IT for small business.

DAS Health Acquires Randall Technology Services, Advised By Cogent Growth Partners

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 (an Evergreen Services Group company) Acquires USPCNET, Advised By Cogent Growth Partners

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.

ProArch Acquires iV4, Advised By Cogent Growth Partners

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.

Interested in the 'real deal' on MVAs?Register for our March 3 webinar today!
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