Recent Acquisition MSP Corp was acquired for over 100 million dollars by Alfar Capital and Walter Capital Partners, indicating a strong financial backing and growth potential that could lead to increased investment in expanding their technology service offerings.
Strategic Merger Following its acquisition, MSP Corp is merging with GroupeAccess, a leader in cybersecurity and managed IT solutions, presenting opportunities for cross-sell of cybersecurity services and integrated managed service packages.
Growth Capital Infusion MSP Corp received a substantial $35 million in growth capital in September 2021, which can be utilized to enhance service offerings, adopt new technologies, or penetrate new markets, driving revenue growth.
Market Positioning With revenue estimates between 10 million and 25 million dollars and a sizable employee base of 501-1000, MSP Corp is positioned as a mid-market IT service provider, making it a compelling target for sales of scalable and customizable IT solutions.
Technology Focus MSP Corp’s tech stack includes industry-standard tools like Veeam, NetSuite, and Google Fonts API, indicating openness to advanced cloud, backup, and API integration solutions that can be tailored to their clients' digital transformation needs.