How MSP Market Consolidation Can Work for You

Business
A bunch of gears on a table

Joining forces for greater efficiencies, growing by gobbling up smaller competitors or complementary firms, cashing out when you can’t cover the bills … there are numerous reasons a company may go the mergers and acquisition route in any economy. But in the current topsy-turvy environment, the stakes are higher and the impetus for market consolidation deals more pressing than ever.

The MSP industry is no stranger to mergers and acquisitions. According to IT Glue’s 2020 Global MSP Benchmark Report, in 2019 more than two-thirds of MSPs were considering being acquired, while nearly 20% were considering making a purchase themselves. But with COVID-19’s wide-ranging impact on MSPs and their customers, it’s no surprise to see many firms considering their options.

Meeting Increased Demand

Consolidation within a maturing market is nothing new. MSP offerings are in high demand, thanks to an increased reliance on IT services in every industry and the unfortunately growing need to protect firms from cyberthreats while meeting stringent compliance standards and regulations. That has fueled rapid growth as more organizations look to outsource some of their essential IT services to MSPs.

Read the complete article at Channel Futures.

People planning on a tv screen desktop

The FBI Was Our #1 Partner During the Worst Time of Our Company’s History, and They Should Be Yours Too

As the CEO of Kaseya, I have intimate and detailed first-hand experience of what it’s like to deal with aRead More

How to Become Resilient

Why You Should Make Operational Resilience a High Priority for Your MSP

For decades, efficiency has topped the list of strategically important qualities for businesses in every sector. To maximize profits andRead More

Don’t Let Supply Chain Disruptions Obstruct Your MSP

For most of us, it started with toilet paper. In early spring 2020, still unaware of what was to come,Read More

Help! button on keyboard

Service Request Management: Purpose & Objectives

What Is a Service Request? A service request may be defined as a formal request that a client or anRead More

Download Your Copy of the 2021 IT OPs Survey Results
2022 Benchmark Survery Results

Archives

Categories