NetGain Technologies: MSP Business Focus
NetGain provides IT services to midsized businesses across the South Central United States. The company's 85 engineers and technicians hold 250 technical certifications, and support more than 10,000 computer users. The company is headquartered in Lexington with offices in Chattanooga, Tennessee; St. Louis, Missouri; Little Rock, Arkansas; Louisville, Kentucky; and Cincinnati, Ohio.Multiple companies have been attempting to acquire NetGain Technologies in recent months, sources across the MSP industry say. The business is highly respected and well-known within private equity and MSP investor circles.The company is not to be confused with Netgain (lower-case G), a provider of IT-as-a-service (ITaaS) that attracted $25 million in funding back in 2017 and made multiple acquisitions thereafter.Evergreen Services Group Acquires NetGain: Executive Perspectives
In prepared statements, multiple Evergreen and NetGain executives shared perspectives about the deal. Among those weighing in:
“NetGain Technologies is one of the largest and best operated IT service providers that we have encountered in building Evergreen. We’re thrilled about the opportunity to partner with NetGain’s world-class management team and to invest in NetGain’s growth and continued commitment to exceptional customer service.”
“This is an incredible opportunity for our business. Evergreen’s approach to investing in companies for the long-term and allowing them to operate independently gives us confidence that our brand, customers, and employees will have a much larger opportunity under Evergreen.”
“The entire NetGain team has worked hard to build a world-class IT services company. Evergreen’s investment confirms our standing as one of the most successful IT services providers in the country. It is extremely gratifying to achieve this new milestone which will fuel the company’s expansion strategy.”
“NetGain Technologies stood out as a stellar MSP for myriad reasons, but its team was the key factor for me. The entire team is committed to values that resonate with Evergreen, and they are highly-effective in service delivery, which is readily apparent in NetGain’s outstanding customers service ratings. I have no doubt that our other operators will learn from NetGain Technologies and can share lessons in return to contribute to NetGain’s growth.”
