M&A Deal Summary

The 20 MSP Acquires Cirrus IT Solutions

On July 5, 2023, The 20 MSP acquired information technology company Cirrus IT Solutions

Acquisition Highlights
  • This is The 20 MSP’s 10th transaction in the Information Technology sector.
  • This is The 20 MSP’s 11th transaction in the United States.
  • This is The 20 MSP’s 1st transaction in Tennessee.

M&A Deal Summary
Date 2023-07-05
Target Cirrus IT Solutions
Sector Information Technology
Buyer(s) The 20 MSP
Deal Type Add-on Acquisition

Target

Cirrus IT Solutions

Knoxville, Tennessee, United States
Cirrus IT Solutions specializes in computer IT support, providing business-managed IT services and consulting. Cirrus IT Solutions is based in Knoxville, Tennessee.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

The 20 MSP

Plano, Texas, United States
Category Company
Founded 1986
Sector Information Technology
DESCRIPTION

The 20 MSP is a provider of managed IT services, The 20 MSP serves hundreds of businesses nationwide, providing each one with white glove service, secure and streamlined IT infrastructure, and 24/7/365 support. The 20 MSP was founded in 1986 and is based in Plano, Texas.

DEAL STATS #
Overall 11 of 21
Sector (Information Technology) 10 of 19
Type (Add-on Acquisition) 11 of 20
State (Tennessee) 1 of 2
Country (United States) 11 of 21
Year (2023) 5 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-05 Computer Support Team

Tarzana, California, United States

Computer Support Team is a provider of IT support and consulting, focusing on small and medium sized businesses in the San Fernando and Conejo Valley areas. The company has helped hundreds of businesses increase productivity and profitability by making IT a streamlined part of operations. It equips clients with customized technology solutions for greater operational value and to reduce risk. Computer Support Team is based in Tarzana, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-08-02 Inerva Technology Advisors

Saint Louis, Missouri, United States

Inerva Technology Advisors is a provider of IT and regulatory compliance landscape for healthcare and financial services sectors. Inerva Technology Advisors is based in Saint Louis, Missouri.

Buy -
Mergr

Product

Company

Legal