FFL Partners Invests Financial Services MSP
FFL Partners, founded in 1997, is based in San Francisco, California. The company has 73 employees listed on LinkedIn. FFL Partners' areas of expertise include venture capital and private equity for middle-market companies.Abacus Group, founded in 2008, has offices in New York, NY; San Francisco, CA; Boston, MA; Dallas, TX; Greenwich, CT; Los Angeles, CA; Charlotte, NC; and London, England. The company has 198 employees listed on LinkedIn. Abacus Group’s areas of expertise include managed IT services, disaster recovery services, application hosting, helpdesk/on-site support, full-life cycle software services, including process & data analysis, as well as software architecture, development and production support, fintech, hosted IT, hedge fund technology, financial services technology, outsourced IT and ITaaS.Abacus itself is no stranger to the M&A scene. In November 2021, Abacus Group acquired Echo Technology Solutions — a San Francisco-based MSP that supports venture capital firms. In 2019, Abacus acquired Proactive Technologies, an MSP that has deep expertise in alternative investment firms (i.e., hedge funds).

“We look forward to partnering with Abacus Founder and CEO Chris Grandi and his management team as they invest further in supporting their existing clients and expand to new clients both organically and through strategic acquisitions.”
“FFL has a deep understanding of our business and our target markets and has a great reputation for partnering with founder-led businesses like Abacus to help them scale. I am confident that the resources, business acumen and energy the FFL team brings makes them the ideal partner for Abacus as we enter our next chapter of growth.”
“The increasing focus on cybersecurity, transition to the cloud, need for enhanced data and analytics, and consistent difficulty of attracting and retaining IT talent only increases the importance of a world-class MSP like Abacus. This is even more relevant in highly regulated industries like financial services, where the specialization and deep industry knowledge Abacus brings should continue to help the company expand its private equity, venture capital, family office and wealth management client base.”