ThreatAdvice has been acquired by Magna5.
ThreatAdvice has been acquired by Magna5.
BIRMINGHAM, AL. (December 3, 2024) – Founders is pleased to announce the sale of ThreatAdvice, a leading MSSP and provider of vCISO and Cybersecurity services, to Magna5, a portfolio company of NewSpring Holdings. ThreatAdvice was exclusively advised by principals of Founders Advisors, LLC (“Founders”) in this successful transaction. Founded in 2017 and led by FinTech veterans…
In this edition of Founders’ Q2 2024 IT Services M&A Update, our team provides insight on current trends and M&A activity taking place in the market, including: An overview of the market in Q2 “Navigating the Challenges of the CrowdStrike Update” by Chris Weingartner “Founders Advises Fast Slow Motion on Investment” 10 white papers on MSP / IT…
When Managed Services Providers (MSPs) strategize their growth, choosing the right sales model becomes a crucial decision. Two common approaches are the direct sales model and relying on channel partners. Each has its own set of advantages and disadvantages, and understanding these can help MSP owners and CEOs determine the best path forward for their…
In July 2024, Managed Service Providers (MSPs) faced a significant challenge when a faulty update from CrowdStrike, a leading cybersecurity firm, disrupted the operations of countless businesses worldwide. This incident highlighted the vulnerability of MSPs to third-party software issues, especially when the software is as critical as endpoint protection. For MSPs, whose reputation and business…
In this edition of Founders’ Q2 2024 Enterprise Support Software Report, our team shares valuable insights from the marketplace. The newsletter highlights coverage of verticals including supply chain software, FP&A software, automation software, and enterprise support services. It also includes: Q2 key highlights High level deal structure overviews A deep dive on strategic combinations Info on…