MSP M&A: Company Footprint
In this deal, the overall business footprint includes flagship offices in Buffalo Grove, Illinois; Green Bay, Wisconsin; and Duluth, Minnesota.The controlling shareholder of the combined business is The Zaf Group, the family office of Mike and Robin Zafirovski. The firm "aims to partner with well-run family/founder-led businesses and own them in perpetuity."ACP CreativIT's portfolio of IT services spans:MSP M&A: Executive Perspectives
Executives from each of the businesses along with the investor team weighed in on the M&A deal.In a prepared statement, Dastoor said:“We have been approached by many potential partners over the years, but only this finally felt right to us. We are excited about the benefits of scale to our customers and employees, yet the opportunity to preserve and build upon our culture and community footprint.”
“We see many opportunities for ACP and CCCP to make us stronger, and in turn lots that Citon can bring to the table to shape our joint future together as well. We see this merger as having the potential to be a textbook case of one plus one equals more than five.”
“I have known Steven and Sean for two decades, and I am hard-pressed to think of better partners we could be welcoming into our family of companies.”
"We are pleased to welcome Citon, its sister companies, Steven and Sean, and all of their employees to the ACP CreativIT team. We are excited about what we can all do together.”
“We feel a strong alignment of values with Citon—they demonstrate that if you take care of your employees and customers, good things happen.”
“We have been lucky to meet with more than 200 terrific owners and founders over many years, but our conversations with Steven and Sean over the last two and a half years have really stood out. We look forward to doing continued great things with them and their team.”
