The 20 MSP Continues Rapid Expansion Efforts, Scoops Up 6 MSPs

The 20 MSP Continues Rapid Expansion Efforts, Scoops Up 6 MSPs

By Stefania Viscusi

With demand for managed services growing, and more and more providers getting into the MSP space, the next logical market evolution increased consolidation.  Successful – and financially strong MSPs will seek to expand their service portfolios or geographic reach – or both – through acquisition. It’s a natural progression for a crowded market. 

To that end, managed IT services provider The 20 MSP has recently acquired six MSPs to continue expanding into new markets. The six companies will allow The 20 to gain a greater foothold in more markets across the U.S. while adding to their expertise and resources.

With the new acquisitions, The 20 will be working to enhance its service offerings further and keep pace with the evolving needs of clients.

The 6 MSP companies it acquired will bring The 20 into 5 more states and include:

  • Cirrus Technologies, Inc. (Ohio)
  • INGRAIN IT (Wisconsin)
  • Monroy IT Services (Texas)
  • Network Management Solutions (California)
  • Peterson Technology Group (Wisconsin)
  • Your IT Group (Florida)

All the organizations it chose to acquire have a proven track record for client satisfaction and steady growth over the past several years. Many have also had success in a variety of industry verticals and are well-known for the innovative solutions they have developed to help their clients succeed in today’s competitive landscape.

"This is an incredibly exciting time for everyone involved, and another step forward in The 20's mission to build the best national MSP platform out there. We've worked closely with these organizations, and know they share our commitment to helping clients succeed through better, smarter technology. These partnerships are not only a great fit operationally, but culturally, too. Great things lie ahead," said  Tim Conkle, CEO of The 20 MSP.

Conkle also said the company plans to continue its growth trajectory and is looking for more organic growth and acquisition opportunities in the coming months.

Edited by Erik Linask
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