Leading national managed service provider announces 21st acquisition
PLANO, Texas, June 2, 2023 /PRNewswire-PRWeb/ -- Leading national managed service provider The 20 MSP today announced its acquisition of Manus Dei, a highly regarded MSP serving clients across Northern Virginia under the leadership of owner Fred Duca.
This strategic move marks the eighth acquisition for The 20 this year, and the twenty-first since the company embarked on its ambitious M&A journey in 2022. The 20 has more acquisitions lined up for the coming months as it looks to remain on a trajectory of growth and solidify its national footprint.
Manus Dei joined The 20's business development consortium, The 20 MSP Group, back in 2018 in an effort to streamline operations, achieve greater scalability, and bring more value to their clients. Since becoming a member and plugging into The 20's renowned growth platform, Manus Dei has grown into an operationally mature MSP with a strong track record of helping businesses, non-profits, schools, and parishes achieve IT peace of mind.
The 20's leadership team is excited to work even more closely with the Manus Dei team. The continued collaboration is expected to strengthen The 20's position as a prominent national MSP, while opening doors to new markets and expanding its ever-growing client base.
"It's an honor to welcome Manus Dei to The 20 team," said Tim Conkle, CEO of The 20. "Manus Dei is a socially conscious company that believes in going above and beyond to help clients find success. From an operational standpoint, Manus Dei is top-notch, but what really excites us is their people-first mentality and commitment to building strong relationships. We're thrilled to have them on board."
The 20's unique consolidation strategy involves exclusively acquiring MSPs within its group, ensuring operational and cultural compatibility before initiating official deals. This approach facilitates seamless integration and minimal disruption to end clients.
"We don't have to go hunting for quality MSPs and then figure out how to integrate them," said Conkle. "The secret sauce is that we actively cultivate these MSPs through our group, ensuring they embody our values and way of doing business long before any deals are on the table."
With a robust M&A strategy and a full pipeline of acquisition candidates, The 20 plans to continue expanding its presence in major metropolitan areas across the United States while diversifying and elevating its services.
Pinecrest Capital Partners served as the exclusive financial advisor to The 20 MSP on the acquisition and associated financing.
About The 20 MSP
The 20 MSP has been helping businesses succeed through better technology since 1986. As a leading provider of managed IT services, The 20 MSP serves hundreds of businesses nationwide, providing each one with white glove service, secure and streamlined IT infrastructure, and 24/7/365 support. We believe in building lasting relationships with clients founded on trust, communication, and the delivery of high-value services for a fair and predictable price. Our clients' success is our success, and we are committed to helping each and every organization we serve leverage technology to secure a competitive advantage and achieve new growth. To learn more, visit the20msp.com
About The 20
The 20 is an exclusive consortium for Managed Service Providers (MSP) aimed at dominating and revolutionizing the IT industry with its standardized all-in-one approach. The 20's robust RMM, PSA, and documentation platform ensures superior service for its MSPs' clients utilizing their completely US-based Help Desk and Network Operations Center. Extending beyond proven tools and processes, The 20 touts a proven sales model, a community of industry-leading MSPs, and ultimate scalability. To learn more, visit the20.com
Media Contact
Crystal Conkle, The 20, 9724610880, [email protected]
SOURCE The 20
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