Why ICT is the Hottest Industry for Acquisitions
15 Feb 2017 1:34 AMTroy Potter
IT services - 4 Reasons Why it's the Hottest industry for Acquisitions.
1. Customers are "Rusted on" with little incentive to change service providers. It is cheaper to acquire a business with customers than it is to Acquire customers individually.
2. Voice and Data are increasingly becoming merged services and MSPs are well placed to up sell those recurring revenue services to their customers.
3. Managed Services are no longer a Market or competitive opportunity they are a critical business operational tool.
4. MSP customers are generally contracted making it easier for Acquirers to forecast revenues, benefit from synergies and identify growth opportunities.
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