MSP M&As: Serenity Systems Makes Acquisition

MSP M&As: Serenity Systems Makes Acquisition

Every time I blink there seems to be another merger or acquisition in the managed services market. The latest deal involves Serenity Systems Inc., a Houston-based IT managed services provider, acquiring "certain assets" of Kommar Solutions to help increase its customer base. I expect at least two more MSP-related acquisitions to onfold this week. In the meantime, the Serenity deal has an interesting twist. It involves advice and financial guidance from Ephor Group LLC. Here are some perspectives.

Details about Serenity's buyout of "certain" Kommar assets are sketchy. Was this a growth-oriented move or was Kommar in distress? I'm checking.

In the meantime, Mark Leary, principal and founder of Serenity Systems, delivered a prepared statement:

“We provide our clients with personalized service supported by our robust managed services platform including infrastructure, hosting, and service desk support. The acquisition of these assets enhances our knowledge and skill in the manufacturing and services client bases. We are excited to offer Serenity Systems’ IT Managed Services and Microsoft consulting solutions to the Kommar clients.”
As we've noted a cottage industry of advisors and consultants has formed to help MSPs with mergers and acquisitions. Advisors include Weaver & Associates (launched my MSPAlliance President Charles Weaver), Martin Wolf Securities and a range of angel investors.

In Serenity Systems' case, the company appears to be leveraging money and advice from Ephor Group, which specializes in "transforming $5-$50M small businesses into $20-$200M wealth creating enterprises."

MSPmentor will be watching the market for at least two other MSP-related deals this week.
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