Edafio Technology Partners Closes On Significant Strategic Investment

MSP Edafio Technology Partners has a new strategic investment partnership with M/C Partners that it says will help the company grow. Look for enhanced service capabilities and regional expansion from this managed service provider.

Edafio’s Kenny Kinley

“This partnership will speed the expansion of Edafio’s services as well as enable our continued growth across the region,” said Kenny Kinley, Edafio’s president and CEO. 

History

Founded in 1999, Edafio was an outgrowth of the JPMS-Cox accounting firm. The company provides managed services, public and private cloud solutions, and cybersecurity services to midmarket and SMB customers. Edafio primarily operates across Arkansas with an expanding customer presence in Tennessee and Oklahoma. 

Since its inception, Edafio’s founding group of owners have been heavily involved in the business. As a result, the business has made its mark.

“These are successful business partners who were able to grow both an accounting firm as well as a technology company,” said Kinley. “… we look forward to the next chapter of growth in partnership with M/C.”

A Strategic Partnership

“Edafio has established an impressive track record of providing high-quality services to a broad range of customers across the region,” said Abhishek Rampuria, partner at M/C Partners. “[This is] in addition to vertical-specific expertise in industries such as health care that have increasingly complex and evolving IT needs. We look forward to partnering with the talented team at Edafio to accelerate their efforts and continued success in building a leading regional MSP through both organic growth initiatives and strategic acquisitions.”

“The MSP market opportunity remains a key focus area for M/C and this investment in Edafio is consistent with our strategy of partnering with strong businesses and teams that have a relentless focus on customer success,” added Gillis Cashman, managing partner at M/C Partners.

Citizens M&A Advisory was a financial adviser for this strategic investment.