It's happening in New England. It's happening in Southern California. And it's happening in a metropolitan region near you. Similar to the legal industry, MSPs are building and buying each other in specific geographies -- attempting to be the dominant brand in their metro area and/or geographic region.Two recent examples:There are plenty of additional Metro Area MSP examples.
- M/C Partners, a private equity firm, this week acquired and combined Thrive Networks and Corporate IT Solutions into a single MSP. The resulting company, which carries the Thrive Networks moniker, will seek to dominate the Northeastern U.S. region.
- TechMD acquired StoneHill Technical Solutions in November. Now, TechMD has roughly 57 employees. The company's major footprint is in Orange County, Calif. -- but it's safe to expect more expansion into the Los Angeles and San Diego areas. (We'll share more details about the TechMD strategy soon.)