News and Research

Solganick advises Columbia Advisory Group in its sale to Complete, backed by Heritage Holding

December 26, 2025 – Solganick has served as the exclusive M&A advisor to Columbia Advisory Group, LLC (“CAG”) in its sale to Complete, an MSP backed by PE firm Heritage Holding. CAG specializes in cybersecurity, governance, risk and compliance as a service, and IT services focused on clients in higher education, state and local government agencies, and mid-market enterprises in the U.S. 

This acquisition significantly enhances Complete’s MSP capabilities, offering clients a more comprehensive suite of services that integrates robust cybersecurity solutions with their existing managed IT offerings. This union creates a powerhouse in the IT and cybersecurity landscape, poised to address the evolving needs of businesses grappling with increasingly sophisticated cyber threats and complex regulatory environments.

Key Highlights of the Acquisition:

Expanded Service Portfolio:

Complete’s managed IT services will now be seamlessly integrated with CAG’s deep expertise in cybersecurity consulting, including security assessments, penetration testing, incident response, and compliance (e.g., CMMC, NIST, HIPAA).
CAG’s industry focus on higher education and state and local government agencies adds additional layers of industry-specific expertise that Complete Networks clients can benefit from.

Clients will benefit from a single point of contact for their IT infrastructure and critical cybersecurity needs, streamlining operations and enhancing overall security posture.

Solganick conducted a competitive M&A process on behalf of CAG’s shareholders. Multiple parties were interested, and Complete was the overall best fit for CAG’s business model and shareholder goals.

About Columbia Advisory Group

Columbia Advisory Group has built a sterling reputation as a trusted advisor in the cybersecurity and compliance space. For years, CAG has provided expert guidance to organizations navigating the complexities of cyber risk, helping them build resilient security programs and achieve regulatory compliance. Their client-centric approach and commitment to delivering actionable insights have made them a go-to partner for businesses seeking to fortify their defenses.

 

About Complete

We are the trusted IT partner for businesses that demand seamless operations, robust security, and solutions tailored to their growth. Combining boutique-level care with enterprise-grade capabilities, we deliver Managed IT, Cloud, Data, and Compliance services that empower businesses to succeed in a rapidly evolving digital world.

 

About Heritage Holding

Heritage Holding is a Boston-based private investment firm targeting lower middle market businesses that generate between two and ten million dollars of EBITDA. Alex de Pfyffer and Ross Porter founded Heritage as a Search Fund after graduating from HBS in 2015. Heritage has since closed on a $220m first institutional fundraise in August of 2024 and completed ~35 acquisitions across 11 platform companies in B2B services, including telecom, IT and cyber security services, healthcare services, and skilled trades services.