Analysis and Observations from Worklyn
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Press Release: Worklyn Announces Acquisition of NetXperts
Worklyn Partners acquired NetXperts, a California-based Cisco Gold Certified Partner and leading provider of network engineering, IT, and networking solutions for West Coast Public Sector entities.
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Press Release: Worklyn Partners Announces Acquisition of Quadrant Information Security
Debut growth equity firm gets to work with investment in a growing provider of managed detection and response (MDR) services powered by proprietary security analytics software.
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7 Do’s and Don’ts to Consider When Selling Your IT Services Company: June 2021
With business valuations at historical peaks, the new administration poised to raise capital gains taxes, and more private equity firms aggressively hunting for recurring revenue from managed services providers, 2021 is shaping up to see the most MSP merger and acquisition activity to date.
All of this activity has some business owners wondering: “Is now the time to sell my IT services business?” Whether you think you’re ready to sell tomorrow or in three years, there are some guidelines worth considering sooner rather than later. Understanding the “do’s and don’ts” below will help prepare your business for a clean, value-maximizing sale, while avoiding the horrors of a broken deal.