The 20 MSP Makes Big Industry Moves, Announces Flurry of Acquisitions

This year marks the first foray into mergers and acquisitions (M&A) for The 20 MSP. Earlier in the year, the Texas-based company snapped up its first shop, and is now set to acquire six new MSPs.

The companies include: Your IT Group, Florida; INGRAIN IT, Wisconsin; Peterson Technology Group, Wisconsin; Monroy IT Services, Texas; Network Management Solutions, California; and Cirrus Technologies, Ohio.

The 20’s Tim Conkle

“This is an incredibly exciting time for both organizations, and another step forward in The 20’s mission to build the best national MSP platform out there,” said Tim Conkle, CEO of The 20 MSP. “These are people-first companies just like us, which makes this not only a great fit operationally, but culturally too. I know firsthand that when talented, like minded people come together, great things happen. It’s my pleasure and privilege to welcome these companies to The 20 family.”

The 20 MSP expects these acquisitions to expand the company’s national footprint. It is also part of a robust growth plan that is in keeping with the still-hot consolidation activity across the MSP industry. The 20 MSP is preparing for more acquisitions in the coming months.

“The plan is to continue growing and improving, so that our clients can too,” said Conkle. “This is just the beginning.”

Pinecrest Capital Partners was the exclusive financial advisor to The 20 on the acquisitions and associated financing.