Many states eased or eliminated mask orders in May and June after the U.S. Centers for Disease Control and Prevention (CDC) said fully vaccinated people — those who are at least two weeks past receiving their second Pfizer or Moderna shot or the single-dose Johnson & Johnson vaccine — can safely forgo face-covering in most...
From the Mpls/St. Paul Business Journal (Aug. 11, 2021): Sunbelt Business Advisors, which provides mergers and acquisitions, financial advisory, and business brokerage services, is a first-time Best Places to Work (BPTW) honoree. Its core values are: Help people and success will follow; teamwork; be a leader; bias for action; and work hard, play hard. These values...
The Fourth of Four Installments in our Series: Managed Service Providers In our previous blog post titled, Why IT Managed Service Provider (MSP) businesses are being acquired, we discussed the current market frenzy over cloud-based technologies and the heightened activity with mergers and acquisitions within the Managed Service Provider industry. In this article, we cover...
As your successful business grows larger and matures, you should always be on the lookout for forces that can diminish its value. New companies and competitors constantly aim at the top dog by identifying and exploiting weaknesses. To mitigate this constant threat, you should do two things. Identify what makes your company valuable.Protect those assets...
The Third of Four Installments in our Series: Managed Service Providers Managed Service Provider companies can be sold for a premium in today’s market.Managed Service Providers (MSPs), sometimes referred to as IT Service Providers, come in all shapes and sizes. In the “Businesses-for-Sale” marketplace, MSPs are generally considered to have less risk and greater growth...
One of the most important skill sets that successful business owners have is the ability to be ready for just about anything. The key to doing this is being agile. Let’s look at what an agile framework looks like, why it matters, and the differences between waiting for perfection and being agile in your business planning. The...
The Second of Four Installments in our Series: Managed Service Providers In our previous blog post titled,Why IT Managed Service Provider (MSP) businesses are being acquired? , we discussed the current market frenzy over cloud-based technologies and the heightened activity with mergers and acquisitions within the Managed Service Provider industry. In this article, we cover...
Private Equity Acquires Managed IT Ensono found its new owner in April 2021, when the private equity mega-group, KKR & Co., signed a definitive purchase agreement to acquire the worldwide IT services giant. Ensono is based in Downers Grove, Illinois, and the company is widely regarded for providing services to aid clients with IT infrastructure...
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