Accruit has been acquired by Millennium Trust Company.
Accruit has been acquired by Millennium Trust Company.
By: Billy Pritchard As founders begin to consider various capital transactions for their business, they are often focused on two primary deal structures: 1) selling 100% of the business to a strategic buyer, or 2) partnering with a private equity firm through a recapitalization. Depending on the personal objectives of the founders, as well as…
Despite headwinds facing the broader economy and M&A activity, MSP and IT Services M&A remained strong during 2022. Over 800 M&A transactions closed in the U.S.,~45% were private equity-related and ~55% were strategic acquisitions. Even with high levels of M&A activity, the MSP market remains highly fragmented, presenting an opportunity for acquirers to continue consolidating…
In this edition of Founder’s Managed IT Services 2022 Year In Review, our team provides keen insights from the marketplace based off of the past year. Overall, despite headwinds facing the broader economy and M&A activity, MSP and IT Services M&A remained strong during 2022. Over 800 M&A transactions closed in the U.S., around 45%…
BIRMINGHAM, AL (January 26, 2023) – Founders is pleased to announce that Zigatta, LLC (Zigatta) has been acquired by Improving Enterprises (Improving), a modern digital services company. Improving is a portfolio company of Trinity Hunt Partners and is led by CEO Curtis Hite. Zigatta is an industry leading niche staffing, consulting, and solutions firm specializing…
Zigatta has been acquired by Improving Enterprises.