White Glove Technologies, an MSPmentor 100 company, has acquired yet another managed services provider. The latest deal involves White Glove buying Primus Networks — which offers IT support, data center and hosting capabilities to law firms. White Glove and Primus both are located in Texas. This is the 16th managed services merger or acquisition MSPmentor has spotted so far in 2011. And it’s the latest in a growing list of acquisitions by White Glove. Here’s the update.
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Managed Services Acquisition: White Glove Opens Wallet Again
Posted March 31st, 2011 by Joe Panettieri
How Much Is Your Company Worth?
Posted April 16th, 2008 by Joe Panettieri
As managed service providers continue to acquire one another, readers have been asking me about MSP valuations. Are buyout prices based on specific financial multiples? Are MSPs valued based on a multiple of revenue, gross profits, net income, something else?
