MSP Acquisition: PE-Backed Network Doctor Buys SNC Squared
New York-based MSP Network Doctor, backed by private equity firm Mizzan Capital, has acquired SNC Squared, an MSP from Joplin, Missouri. Financial terms of the deal were not disclosed.This is technology M&A deal number 754 that ChannelE2E has covered so far in 2021. See all technology M&A deals for 2021 and 2020 listed here.The deal includes SNC Squared’s staff, and provides access to a new geographic market as well as expertise in the compliance and medical sectors.Network Doctor, founded in 2003, is an IT consulting, management and support specialist.
Network Doctor Acquires SNC Squared: Nationwide Expertise
Paul Hilbert, partner, Network DoctorPaul Hilbert, partner, Network Doctor, commented:
“We are thrilled that SNC Squared is joining us on our journey to build a large best-in- class MSP that keeps the individualized touch. This business is personal for both companies – We each value the great relationships we have with our customers and staff and keeping those relationships is part of our central vision for growth.”
David Birk, partner, Network Doctor, added:
“We’re elated to have found a like-minded partner that really understands the importance of the client relationship. Commoditization has no home here.”
John Motazedi, CEO, SNC Squared, said:
“We can now leverage elevated operational maturity which will further enhance our customer relationships. We’re excited by the chance to apply our expertise nationwide with Network Doctor.”
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