The Cyber Verify program has become an instrumental tool during the mergers and acquisitions process involving MSPs
Highlights:
- Cyber Verify MSPs have higher valuations
- Cyber Verify MSPs can demonstrate transparency faster
- Cyber Verify significantly accelerates the due diligence period
Introduction
The role of mergers and acquisitions (M&A) in the managed services profession is undeniably important, and often misunderstood. M&A for MSPs is both a means to deal with underperforming assets, as well as achieve critical expansion into new vertical markets, new geographic territories, and new service offerings. Given how important M&A is to the MSP profession, it makes sense that Cyber Verify would factor heavily in communicating value, transparency, and overall business efficiency to buyers, investors, and merger candidates.
Based in historical data, we know that Cyber Verify MSPs have improved valuations over non-certified MSPs, can more easily demonstrate transparency, and can quickly get through general (and technical) due diligence more easily compared to MSPs who do not possess Cyber Verify certification.
Explore IT Tech News for the latest advancements in Information Technology & insightful updates from industry experts!
Source: https://mspalliance.com/impact-of-cyber-verify-on-mergers-and-acquisitions/