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MSP M&A: Nexus IT and Intelitechs Merge Managed IT Providers Supplier Companies

MSP M&A: Nexus IT and Intelitechs Merge Managed IT Providers Supplier Companies

IT and consulting providers supplier Nexus IT has merged with IT providers supplier Intelitechs. Monetary phrases of the deal weren’t disclosed.

That is know-how M&A deal quantity 719 that ChannelE2E has coated thus far in 2022. See greater than 1,000 know-how M&A offers involving MSPs, MSSPs & IT service suppliers listed right here.

Nexus IT and Intelligechs Merger

Nexus IT, based in 1998, relies in Park Metropolis, Utah. The corporate has 28 workers listed on LinkedIn. Nexus IT’s areas of experience embrace IT assist, managed service, surveillance, networking, {hardware}, software program, IP cameras, VoIP cellphone service, cloud computing, pc assist, community assist, hosted trade, e mail host, net host, digital server, cloud backups, IT consulting and wi-fi.

Intelitechs, based in 2011, relies in Salt Lake Metropolis, Utah. The corporate has six workers listed on LinkedIn. Intelitechs’ areas of experience embrace IT consulting, community administration, enterprise continuity, catastrophe restoration, CTO, CIO, desktop administration, cabling, community design, tech assist, outsourced IT, IT administration, cloud computing, managed providers, Workplace 365 and server migration.

The corporate says it’ll function underneath the Nexus IT banner, with the merger including “vital worth” to its consumer providers, capabilities and product choices.

Present CEO and founding father of Nexus IT, Earl Foote will stay in his position whereas co-founders of Intelitechs, Jake Hiller and Eric Periods, will be part of Foote as key executives, the corporate mentioned. All members of the Intelitechs staff will transition onto the Nexus IT staff and might be bodily transferring into the corporate’s newly expanded workplace house at Business in downtown Salt Lake Metropolis, in keeping with Nexus IT.

Nexus IT and Intelitechs Merger: Founders Perception

MSP M&A: Nexus IT and Intelitechs Merge Managed IT Providers Supplier Companies

Earle Foote, CEO and founder, Nexus IT

Earle Foote, CEO and founder, Nexus IT, commented:

“Once I started the seek for a strategic companion, an important element of my resolution revolved round discovering an organization that shared Nexus IT’s mission, imaginative and prescient and values that we’ve dedicated to for the previous 24 years. We discovered precisely that in Intelitechs. In consequence, we’re so excited to proceed constructing our tradition of integrity that additionally prioritizes best-in-class consumer providers.”

Jake Hiller, co-founder, Intelitechs, mentioned:

“We’ve been friends of Nexus IT for a few years and have all the time revered the unimaginable influence it has had on our trade and native enterprise group. Given our personal success available in the market, we had no intention of shifting our enterprise mannequin, however as soon as we sat down with Earl, we knew that this transition was a victory for everybody concerned – the purchasers, the staff, and the evolving IT providers house.”

Eric Periods, co-founder, Intelitechs, added:

“Intelitechs is pumped to carry its stellar experience to Nexus IT with the intention to create a ‘super-team’ and construct one thing that’s first of its type for our purchasers.”