All Covered's Acquisitions Head, Teichman, Joins M&A Advisory Firm

The man behind sourcing Konica Minolta-owned MSP All Covered’s aggressive acquisitions program is leaving the company to join an M&A advisory firm.

Bruce Teichman has joined Cogent Growth Partners as a vice president and partner, effective Nov. 11, and is spending his first week on the job at the IT Nation conference in Florida.  Here’s the background.

Teichman joined All Covered when it acquired his MSP firm Terminal Solutions of Atlanta in November 2000. During his 13 years with the nationwide MSP All Covered he served in a variety of roles, most recently heading up its M&A strategy. Since 2008, he has directly sourced and negotiated dozens of M&A transactions with top MSPs across the country. 

“We are very excited to have Bruce join our management team,” said Rick Murphy, CEO and managing partner at Cogent, in a statement.  “His history as a former MSP owner and his IT business development background, coupled with his many years successfully working with owners of IT service providers to become part of All Covered while he led M&A activities there, will help him swiftly integrate into the Cogent Growth Partners approach. We expect he will immediately become a vital member of the company and is well positioned to help our clients grow”.

Cogent’s own acquisitions program has experienced a strong 2013. Murphy tells MSPmentor that through September it has completed 12 acquisitions in the last four quarters and that more are on the way. 

Here’s Teichman’s perspective on M&A’s role in the business: “I’ve seen firsthand the dramatic results acquisitions can provide for accelerating growth, but what I love is that these deals always benefit both parties. When done right, M&A is a win-win benefiting each firm and by extension, their respective owners, employees and clients. I’m thrilled to have the opportunity, to work alongside the extremely talented team at Cogent, to help companies across the country benefit from these strategies.”