MSP Corp, a company that has acquired 10 MSPs which remain independently run while sharing common back-office systems, has itself been acquired by two private equity firms.
Those private equity firms, Montreal, Quebec-based Alfar Capital Management and Westmount, Quebec-based Walter Capital Partners, at the same time acquired Montreal-based Groupe Access along with two other smaller MSPs and rolled them into Guelph, Ontario-based MSP Corp.
With the acquisitions, MSP Corp now includes a core of 15 MSPs across Canada, making it one of Canada’s largest MSPs and giving it the scale to grow in that country and soon into the U.S., said Ravi Ramharak, co-founder and CEO of MSP Corp and now chief merger and acquisition officer of the merged company. more here