Technology Services Mergers and Acquisitions Update – Q1 2024
Solganick has issued its latest mergers and acquisitions report on the IT services/technology services industry sector for Q1 2024. It covers systems integrators/application partners, cloud computing, data analytics, cybersecurity, MSPs, and software development services companies.
M&A Snapshot: Technology Services – Managed Services Providers (MSPs)
Solganick & Co. has published its latest M&A snapshot on the technology services industry sector, with a focus on managed services providers.
We are seeing private equity firms continue to invest in and consolidate the MSP sector. Demand for high quality assests are key with favorable financial metrics. According to Bain & Company, private equity firms are sitting on $3.7 trillion of “dry powder.”
Technology Services M&A Report February 2023
Solganick & Co. has issued its latest technology services M&A update report. It covers application partners, data analytics consulting, cloud partners, IT consulting and cybersecurity services firms.
M&A Flash – IT Services and MSP’s (November 2021)
Solganick & Co. has published its latest M&A flash report on the IT services industry. It covers the latest mergers and acquisitions transactions and valuation for the sector.
Flagship Solutions Completes Merger with Data Storage Corporation
Data Storage Corporation (Nasdaq: DTST) (“DSC” and the “Company”), a provider of diverse business continuity, disaster recovery protection and cloud solutions, today announced it has completed the previously announced merger of Data Storage FL, LLC, a wholly-owned subsidiary of the Company, with and into Flagship Solutions, LLC (“Flagship”), with Flagship surviving as a wholly-owned subsidiary of the Company. Flagship’s Chief Executive Officer Mark Wyllie will continue as CEO of the new Flagship subsidiary following the Merger, and has joined DSC’s Board of Directors.