Managed IT services provider (MSP) and solutions company ATSG has acquired cybersecurity firm Xentaurs for an undisclosed amount.
This is technology M&A deal number 1,038 that ChannelE2E has covered so far in 2022. See more than 2,000 technology M&A deals involving MSPs, MSSPs & IT service providers listed here.
ATSG, founded in 1994, is based in New York City. The company has 373 employees listed on LinkedIn. ATSG’s areas of expertise include Digital Infrastructure, Digital Workplace, Collaboration, and Customer Experience.
Xentaurs, founded in 2016, is based in Miami, Florida. The company has 30 employees listed on LinkedIn. Xentaur’ areas of expertise include DevOps, Big Data Platforms, Microservices Architecture, Machine Learning, ITaaS, Enterprise Systems Monitoring, Hybrid Cloud, Natural Language Processing, Deep Learning, and Application Development.
The Xentaurs acquisition will bolster ATSG's existing security portfolio thanks to the company’s managed detection and response capabilities across Micro-segmentation, Software Defined Networks (SDN), and Firewall platforms, ATSG said. It also further expands and extends the long-standing ATSG ecosystem relationship with Cisco, according to the company.
The acquisition will also strengthen ATSG's commercial reach, further expanding its presence in the Southeast Region of the United States, the company said.
ATSG Acquires Xentaurs: Executive Insight
Anthony J. D'Ambrosi, CEO, ATSG, commented:
"Our acquisition of Xentaurs was a strategic choice that complements our leading Intelligent Solutions as a Service portfolio of offerings for our clients and further expands our geographic presence in the Southeast. The synergies between ATSG and Xentaurs were immediately apparent, with their mature cybersecurity consulting, hybrid cloud thought leadership, MDR capabilities, and impressive culture of client success. Together, we will enhance and accelerate both ATSG's enterprise Cybersecurity offerings and cloud migration capabilities. We are very excited to integrate these two organizations and increase our growing market presence in this mission-critical space for our clients and partners."
Anoj Willy, CEO, Xentaurs, said:
"We are thrilled to join the OneATSG team. The integration into the larger organization will enable us to increase our security capabilities while offering an expanded portfolio of digital and managed services solutions to our clients."
ATSG Business Evolution: Multiple MSP Acquisitions
ATSG began as an enterprise network and systems integrator but over the last decade has transitioned to become a tech-enabled MSP. This is at least the company’s eigth acquisition in three years — including buying Vology in August 2022, DatAvail in March 2021 and Optanix in December 2021.
The company says it will continue to focus on growth and enhancement of its reach and brand.
