Continued M&A Activity

2023 looks like it’s going to be an even bigger year for M&A in the MSP space, according to providers. The MSPs that have leadership nearing retirement age can’t keep up, or don’t want to adopt new cloud-based technologies, for example, are ripe for acquisition. 

“The more forward-thinking MSPs with solid recurring revenues are leveraging their businesses to acquire books of business and IT talent. IT leaders should know they have many avenues for success and not get overwhelmed with the fast-paced technology changes we are experiencing now. They should embrace vendors and experts who can help them and consider embracing M&A either by partnering, acquiring or selling their primary stake so they can continue to grow and find success.” —Will Ominsky, senior director, MSP sales, Nerdio

“There are going to probably be challenges regarding the economy and ongoing potential full-blown recession. But, that also breeds tremendous opportunity with new clients, expansion and continued growth for mergers/acquisitions.” —Robert House, CEO, Triton Networks