Managed IT Services Update: Q1 2023

By Founders Tech Team

May 18 2023

In this edition of Founder’s Managed IT Services Q1 2023 Update, our team provides valuable insights from the marketplace based on the first quarter. Despite the continued broader macro noise and uncertainty associated with interest rate increases, banking failures, geopolitical conflict, etc., MSP and IT Services M&A remained steady during 2023 Q1. Roughly 170 M&A transactions were closed in the MSP and IT Services sector during first quarter in North America. Of these transactions, there was a strong mix of buyer types, with ~54% being Financial buyers and ~46% being Strategic acquirers.

Our update also includes:

  1. Details on recent transaction volume and valuation trends
  2. “What To Do When Private Equity Calls and Emails”
  3. Recap of Founders’ 20th Anniversary Celebration
  4. Our proprietary Valuation Driver Matrix
  5. Operating Metrics to benchmark Network Essentials against
  6. An invitation to take our Investment Grade Assessment (use Discount Code Q123ITS)

As we plow forward into 2023, Founders remains focused on helping founder-owned and led businesses achieve their goals, whether that is to exit completely, take some chips off the table, or raise capital to accelerate growth.

If you are considering a transaction of some sort soon, please reach out to Chris Weingartner for insight into what investors and buyers are looking for, as well as how we uniquely position each business to maximize value, minimize the disruption to your daily business, and optimize the probability of a successful outcome.

Related Posts

How To Give a Great SaaS Demo

Aug 29 2019

If you are in SaaS sales, you know a great demo can make or break your chances of winning the deal. But what you may not know is what actually makes a demo great. Most demos—yes most—are simply terrible. Which is a shame, because giving a killer demo just isn’t that hard.  Here’s a quick […]

Read More…

What Should a New Sales Leader Focus On?

Jul 11 2019

I’ve been interviewing a lot of candidates for Director of Sales lately, and there is one question I always ask. “What will you focus on in your first 90 days?”. Of course, the obvious answer is “results”, but there is a lot more to it than that. There isn’t one right answer to this question. […]

Read More…

SaaS Growth Strategy: Investment vs Profit Taking

Sep 06 2018

I was often a self-funded founder whose SaaS growth strategy needed to include profit, as that was how my co-founders and I paid ourselves. When you’re growing a SaaS in a cutthroat sector like martech, taking investment capital out of the growth machine in the form of profit must be done judiciously and intentionally. If […]

Read More…