Managed cybersecurity and IT solutions provider Meriplex has acquired LightPoint, an MSP focused on the healthcare IT services sector. Financial terms of the deal were not disclosed.
This is technology M&A deal number 525 that ChannelE2E has covered so far in 2022. See more than 1,000 technology M&A deals involving MSPs, MSSPs & IT service providers listed here.
Meriplex Acquires Oregon-Based Healthcare MSP LightPoint
LightPoint is a managed IT services company headquartered in Oregon and serving clients across the Pacific Northwest United States. The company provides technology solutions and managed services for multiple industries with a niche in healthcare IT, according to the firm's website. LightPoint has been in business for more than 20 years, the company said.
Meriplex, headquartered in Houston, Texas, specializes in intelligent networks, cybersecurity, cloud communications, SD-WAN and managed services for the enterprise market, according to the firm. The company currently has approximately 200 employees.
The LightPoint acquisition enables Meriplex to strengthen their ability to service the healthcare industry.
David Henley, CEO of Meriplex, commented on the news:
"We are excited to have LightPoint join Meriplex, expanding our physical presence in the Northwest and enhancing our expertise in the Healthcare industry. With the addition of their exceptional team, we will secure our status of a best-in-class MSP/MSSP, providing a high-level of service and delivering security-first solutions to our clients nationwide."
Molly Moore, CEO of LightPoint, added:
"In being acquired by Meriplex, our clients will continue to receive the excellent and personalized support they are accustomed to, while being backed with more resources, expanded offerings, sophisticated technology, and better scale. We chose Meriplex because they share the same core values as we do, and together with our Healthcare expertise and their size and seasoned approach, we can provide more for our clients and employees."
MSP M&A: Meriplex’s Strategy
Meriplex has an aggressive acquisitions-focused growth strategy, the company said. Meriplex strategically acquires businesses in regional markets to establish a local presence and support their increasingly large client base, the company said. This is Meriplex’s sixth acquisition outside of Texas, having previously acquired:
- Indiana-based managed services provider Cyberian Technologies.
- Colorado-based managed services provider Optimum Networking;
- Boston, Massachusetts-based Reliable IT;
- Southern California-based MSP Enhanced Technologies in June 2021; and
- The assets of Sacramento, California-based MSP GNT Solutions.
Earlier, Meriplex acquired multiple companies in the Longhorn state, including: