Managed IT Services Update: Q1 2023

By Katie Burns

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

10 SaaS Fundamentals I take for Granted (that Don’t Always Happen)

Sep 05 2019

After 20+ years in software startups I can say I think I know how to stack the chips on the right side of the equation. It’s definitely not a formula, because SaaS companies have specific challenges. But there is a list of SaaS fundamentals that I take for granted. This list ties back to the 80% of a […]

Read More…

The Power of SaaS Storytelling Versus Storymaking

Jul 18 2019

A lot of SaaS marketing is made up. The best marketing is not. And the reasons for that may be way deeper than you think. Yes, this is another post espousing the value of authenticity in SaaS marketing. But it’s much more than that. Storytelling in tech marketing is critical because what we’re marketing is often […]

Read More…

How to Turn SaaS Revenue Wreckognition into Recognition

Sep 11 2018

SaaS revenue recognition is critical to understanding, managing and valuing the business. Rev rec must be timely, accurate, consistent and auditable to be a reliable management tool. Strategically, deferred revenue has sizable implications on how cash in the business is managed and invested. This is a CEO’s look at revenue recognition, not a CPA’s look […]

Read More…