Managed Services Acquisition: Datacore Buys Little Village IT Consulting
Datacore Consulting, a managed service provider in Cleveland, Ohio, has acquired Little Village IT Consulting of Stow, Ohio. Terms of the deal were not disclosed. The acquisition allows Datacore to extend its footprint within the state of Ohio.
MSPmentor expects merger and acquisition activity to accelerate across the managed services market. During the current financial market turmoil, MSPs that have cash on hand should be able to acquire talent, customer bases, and recurring revenue contracts at a discount to early 2008 company valuations.
Our MSPmentor M&A Tracker has noted more than 20 different MSP acquisitions, takeovers and investments so far in 2008.