M&A Deal Summary

The 20 MSP Acquires Matrix Solutions

On May 2, 2024, The 20 MSP acquired information technology company Matrix Solutions

Acquisition Highlights
  • This is The 20 MSP’s 17th transaction in the Information Technology sector.
  • This is The 20 MSP’s 19th transaction in the United States.
  • This is The 20 MSP’s 1st transaction in Mississippi.

M&A Deal Summary
Date 2024-05-02
Target Matrix Solutions
Sector Information Technology
Buyer(s) The 20 MSP
Deal Type Add-on Acquisition

Target

Matrix Solutions

Brandon, Mississippi, United States
Matrix Solutions provides IT support and consulting, focusing on small and medium-sized businesses. Matrix Solutions was founded in 1992 and is based in Brandon, Mississippi.

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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 19 of 21
Sector (Information Technology) 17 of 19
Type (Add-on Acquisition) 18 of 20
State (Mississippi) 1 of 1
Country (United States) 19 of 21
Year (2024) 6 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-02 Tech Junkies

Hays, Kansas, United States

Tech Junkies is a complete technology solution provider committed to making sure computer owners have the most reliable and professional IT service in Hays, Colby, Salina, and surrounding areas. Tech Junkies was founded in 2007 and is based in Hays, Kansas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-02 Sublime Computer Services

Nashville, Tennessee, United States

Sublime Computer Services is a managed IT services and consulting firm. The Company offers technology consulting, services, maintenance, and support as a highly cost-effective IT solution in order to maximize our clients’ productivity and profitability. Sublime was founded in 2008 and is based in Nashville, Tennessee.

Buy -
Mergr

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