Consolidation continues in the managed services market. The latest example: Alpheon Corp., a managed service provider in Raleigh, North Carolina, has acquired neighboring Network Management Partners Inc. (NMP).

This is the 23rd MSP-related acquisition or investment that MSPmentor has tracked this year. For a complete list of MSP-related deals, check our MSPmentor Merger and Acquisition Tracker.

According to an Alpheon press release:

“The transaction results in a combined customer portfolio representing thousands of customer devices under Alpheon’s technology management services.  The acquired customer base spans a variety of industries including healthcare, construction, engineering and professional services.”

Terms of the deal were not disclosed. However, it’s a safe bet similar deals will follow as MSPs seek to extend their geographic footprint, eliminate redundant costs and round out their technology portfolios.

MSPmentor is updated multiple times daily. Don’t miss a single post. Subscribe to our Enewsletter, RSS and Twitter feeds.