Analysis and Observations from Worklyn
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.
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.
Worklyn’s Post-Pandemic Predictions: March 2021
While the battle against COVID is not yet won, the arrival of spring and the increasing availability of vaccines for all who want them allow us to start looking ahead to the post-pandemic world for IT and cybersecurity services providers.Is remote work here to stay? Will the breakneck pace of cloud transformation continue to accelerate? What about the slew of ransomware attacks afflicting businesses small and large? What’s next for MSPs and MSSPs, and how will M&A dynamics in this industry evolve? Check out Worklyn’s Top Five Predictions for IT and Cybersecurity services in the post-pandemic world below for our thoughts: