JFS Partners Announces the Acquisition of NeoTech Solutions by Netsolus
M&A, Advisory Services, MSP, Managed Services Provider, Outsourced, Outsource, Mergers, Acquisitions, Colocation, Telecommunications, Mergers & Acquisitions, Information Technology, Outsourced Executive, Outsourced IT, Outsourced MSP, Outsourced Solutions, co-location, MSPs, data center, fiber, network, cybersecurity, O365, cloud, technology, disaster recovery, NEF Capital Advisors, NEFCAP, Jim Farrell, JFS Partners
Buy-Side Representation of Netsolus, Inc. -- Kansas City, MO Managed Services Provider
BOSTON, MA – August 12, 2020 – JFS Partners, a specialized M&A Advisory and Consulting firm facilitating transactions in the MSP, Cloud, Colocation and Communications industries, announced today the acquisition of NeoTech Solutions, Inc. by Netsolus, Inc.
JFS Partners served as the exclusive advisor to Netsolus, Inc., an award-winning Managed Services provider headquartered in Kansas City, MO. The terms of the transaction were not disclosed.
Netsolus’ acquisition of Joplin, MO based NeoTech, expands the company’s product portfolio and presence into southern Missouri. The addition of NeoTech further strengthens Netsolus’ expertise with a strong and talented engineering staff and expanded suite of managed services.
“The acquisition of NeoTech fits well with our strategy of continuing to enhance our capabilities. NeoTech’s suite of managed services is not only complementary but deepens and expands our services portfolio,” said Bryan Ballard, CEO of Netsolus. “This transaction reinforces our commitment to ensuring that businesses throughout Kansas City and the region, have access to award-winning data centers and managed services needed to keep pace with technology.”
“The combination of Netsolus and NeoTech is game-changing for businesses throughout Kansas City and Southern Missouri,” added David Endicott, NeoTech Founder and Chief Executive Officer. “The expanded product and IT service capabilities that our clients will gain as a result of this transaction will benefit them all.”
David Endicott, Founder and Chief Executive Officer of NeoTech, will join Netsolus as Chief Operating Officer.
Netsolus is a Kansas City based Management IT Services Company, staffed locally, with more than 20 years of experience in IT including Network and Infrastructure Security.
For more information, visit https://www.netsolus.com/
About JFS Partners
JFS Partners delivers M&A Advisory & Consulting services for buy-side, sell-side, consulting, exit planning and capital raises for MSP, Cloud, Colocation, Communication Service Providers (CSP), Manufacturing, Professional Services, SaaS, and VARs.
As a boutique advisory resource, JFS Partners offers a focused scope of M&A services that empowers businesses to take advantage of market consolidation and geographic expansion. This focus enables us to stay grounded in our area of expertise while cultivating a broad network of industry contacts and a deep understanding of the marketplace.
For more information, visit https://www.jfs-partners.com/