In this six part series, managed services industry veterans, MSPs who have completed successful transactions in the last 12 months, and financial planning experts will share with you the things you'll need to consider when you're considering exiting from your IT business.
This is part two in the series, where we discuss the many reasons why a smaller MSP may choose to exit to a larger MSP, or "tuck in" to their platform.
Entrepreneurship is stressful, and many IT business owners may find they thrive in one role (technology) and struggle in others (sales, marketing, HR, finance). Wearing all hats and failing to move the needle year after year creates challenges in your personal life and many MSPs wonder "should I just go get a job?"
There are ways to sell your business that allow you to do what you love and continue to build your wealth as an entrepreneur.
Join us for one or all of the events, with a final event live in November 2022, connecting potential buyers and sellers who wish to meet and network.
What are the benefits of joining forces with a larger business?
How do you negotiate the "tuck in" of your business?
Finding your genius zone in a new position.
Pros and Cons
Creative exit structure: there is a buyer for every seller.
Adam Kerrigan successfully transacted his own MSP in 2018 with Las Vegas-based Intelligent Technical Solutions (ITS). Four years on, he leads the M&A division at ITS. His focus brings together leading MSPs across the US with a focus on culture...
Ian is the managing partner of Richardson & Richardson Consulting. He founded Doberman Technologies, a nationally recognized MSP that has continually been lauded by the media for their fast growth, and successfully exited in December 2021. Ian...
Your IT Webinars features content for companies focused on improving any part of their entrepreneur journey; from start up through exit. Our content is suitable for business owners and business leaders interested in technology, strategy, process and M&A.