Second transaction of 2021 is the fifth deal WorkSmart has closed
with Cogent providing M&A advisory services
ATLANTA – May 13, 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 WorkSmart’s second acquisition of the year and its fifth acquisition working with Cogent Growth Partners.
ATLANTA – March 30, 2021 – Cogent Growth Partners (CGP), a buy-side intermediary for IT Services mergers and acquisitions, today announced robust year-end results for 2020 despite the COVID-19 pandemic, which slowed many businesses around the world.
If you’re one of countless American IT services business owners who saw their business soar in 2020 despite COVID-19 and think now might be a great time to sell, you’ve probably already sought guidance from trusted advisors about the “valuation” of your company to a buyer today.
Rick 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.
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.
When people say they want a “valuation” for their small business for purposes of potentially selling, what they are really asking is “What’s the value of my IT Services business to a buyer?”
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 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.