# M&A Signal — MSP Edition
# llms.txt: structured context for AI language model crawlers
# https://masignal.com

## What is M&A Signal?

M&A Signal is a deal intelligence platform tracking mergers and acquisitions in the managed services provider (MSP) industry. It covers transactions from 2024–2026, profiles active acquirors, and publishes market commentary on consolidation trends.

The site is powered by Alternative Payments (alternativepayments.io), a payments platform for MSPs.

## Pages

- Homepage (masignal.com): Market overview, recent deals, acquiror highlights, valuation reference
- Deal Tracker (masignal.com/tracker.html): 36+ tracked MSP transactions with deal values, multiples, geography, and category
- Acquiror Profiles (masignal.com/acquirors.html): Profiles on 15 active MSP consolidators including integration model, PE backing, acquisition criteria, and deal history
- Market Commentary (masignal.com/commentary.html): Editorial analysis on MSP M&A trends

## Key Data Points

- 466 MSP M&A deals tracked in 2025 (source: Drake Star, Solganick)
- $4.3B in disclosed transaction value in 2025
- Deal volume up +20% year-over-year
- Median EBITDA multiple: 8.9x (mid-market MSPs)
- Largest single deal: World Wide Technology / Softchoice at C$1.8B (March 2025)

## Top MSP Acquirors Covered

Evergreen Services Group, Thrive, Ntiva, Integris, Abacus Group / Medicus IT, The 20 MSP, New Charter Technologies, Presidio, Titan MSP, Netrix Global, Dataprise, Logically, World Wide Technology, Computacenter, Insight Enterprises

## Integration Models Tracked

- Decentralized: acquired companies keep brand and leadership (Evergreen, New Charter)
- Full Integration: rebranded and absorbed into acquiror platform (Thrive, Ntiva, Dataprise)
- Equity Partnership: brands preserved, sellers reinvest equity (New Charter)
- Vertical Focus: only acquires within regulated industries (Abacus/Medicus — finance + healthcare)
- AI-First: embeds AI agents post-acquisition (Titan MSP)

## Valuation Benchmarks

- Small MSPs (<$1M EBITDA): 3–5x EV/EBITDA
- Mid-market MSPs: 6–9x EV/EBITDA (median 8.9x)
- Large platforms (>$500M deal): 11–12x EV/EBITDA
- Premium/high-growth: up to 20x EV/EBITDA

## Update Cadence

Data is updated as new transactions are announced. Last updated: March 2026.

## Contact / Attribution

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