Mergers and Acquisitions, Mergers and Acquisitions, MSP, Content, Small business

NST Acquires IT Solutions Provider Ash Creek Enterprises

Network Solutions & Technology (NST) has acquired Ash Creek Enterprises, an MSP in Connecticut. Financial terms of the deal were not disclosed.

This is technology M&A deal number 660 that ChannelE2E has covered so far in 2021. See all technology M&A deals for 2021 and 2020 listed here.

NST Acquires Ash Creek Enterprises

NST, founded in 2001, is a privately held  MSP that specializes in cloud technologies, security services and regulatory compliance. Key vertical markets served include healthcare, financial, manufacturing and legal and professional services.

NST has expanded from Long Island and New York City to have a footprint in New Jersey and Tennessee. The Ash Creek acquisition provides a footprint in Connecticut. The combined company has 120+ employees and serves 300+ clients.

Will Collins, CEO, NST
Mark Calzone, president, Ash Creek Enterprises

In a prepared statement about the Ash Creek deal, NST’s CEO Will Collins stated:

“We are extremely excited to bring Ash Creek into the NST family. Mark has built an exceptional company. We realized early in the process that we were aligned in customer experience and company culture: Two of the biggest factors for success in the MSP space. While Mark shared that he has explored merger and acquisition opportunities over the last few years, there hasn’t been a good fit until discussions started with NST."

Mark Calzone, Ash Creek president, added:

“It’s fitting that this merging of teams, culture, and values will be announced during Cyber Security Awareness month. We are forming a unified front, erasing borders, and fighting under the same banner against the challenges and threats our clients face nationwide. Like any relationship, you don’t want to lose yourself, you want to find someone that’s complimentary, and for Ash Creek, it’s NST."

NST has experience buying MSPs. Early acquisitions included  Certus Technologies in January 2019, and Urban Digital Solutions in April 2019.