MSP Acquisition: Ntiva Buys IT Consulting Firm HigherGround
With HigherGround centered in Chicago and Rolling Meadows, Ntiva says the acquisition will expand its geographical coverage into the Midwest. That will add to its locations in Washington DC, Maryland, California, New York, Florida, and its headquarters in McClean, Virginia.
Steven Freidkin, CEO of Ntiva, commented on the deal:
“We’re excited to welcome the HigherGround team to Ntiva. In addition to the traditional Managed Service Provider (MSP) portfolio, HigherGround brings deep expertise and a proven track record in custom application development and email security. This gives us the ability to offer our clients additional capabilities, adding to an already robust skillset in order to help businesses grow through the effective use of technology.”
Brian Brammeier was CEO of HigherGround. He shifts to chief strategy officer for Ntiva. He also commented:
“We’ve been providing an expanding portfolio of strategic MSP solutions to the Chicagoland market since 1998. Our goal at HigherGround was to become the best MSP and AppDev partner in the area. Now, by joining forces with Ntiva, we’re upgrading that goal to becoming the best in the United States. As we grew quickly, so did our clients and our team. We realized that to most effectively serve both our clients and our people, we needed to increase our footprint just as quickly – which is why we sought out this partnership. Joining forces with Ntiva is the perfect fit for our clients and our team.”
This acquisition will increase Ntiva’s client base to over 900 organizations located across the U.S.
Ntiva’s M&A Moves
Ntiva has not shied away from purchasing MSPs, having completed three deals already this year. Deals of note include:
- Apr 2019: Ntiva bought cloud services provider Diverse Technology Solutions.
- Jan 2019: Ntiva acquired Reston, Virginia-based MSP Network Alliance
- Dec 2018: Ntiva bought the commercial MSP and hosting business of Lore Systems Inc.
- Sep 2017: Ntiva acquired full-service telecom provider IN Communications Inc.