Over the past few years, the managed services market has seen a visible shift, dictated to a large extent by a spate of mergers and acquisitions (M&A). With stability and scale being sought by small and midsize tech companies, many have gravitated towards consolidation to address escalating client needs for security, automation, and worldwide support. As indicated in a study by Gartner, worldwide IT expenditures were expected to reach more than 5 trillion dollars by 2025, with managed services accounting for one of the most rapidly expanding areas. This trend has motivated most regional providers to transform from local operators to multi-state or global players. It is against this changing backdrop that ITPartners+ has developed a model for how strategic mergers and acquisitions can form the center of long-term strategy.

ITPartners+, founded in 2019 by Kevin Damghani in Grand Rapids, Michigan, started as a managed services provider with a variety of IT and cybersecurity solutions to provide to small and midsize businesses. Its business model evolved to encompass co-managed IT partnerships, cloud solutions, and managed networking. Instead of basing its growth on organic means, the company listed mergers and acquisitions as a means to expand both its technical expertise and geographical reach. This has enabled it to spread its operation to 39 states in the U.S. by 2025, constituting a calculated effort to achieve scale while maintaining customer focus.

One of the company’s earliest significant actions was in 2023 when ITPartners+ acquired Netrix IT, a Minnesota-based managed services firm. The acquisition was a big push into the Midwest region and the company’s first mass-scale integration since its inception. Publicly filed documents and legal advertisements announced the merger in July 2023, with the law firm Miller Johnson acting on behalf of ITPartners+ in the acquisition. The acquisition added more technical personnel, increased service reach in the Upper Midwest, and incorporated a new client base into ITPartners+’ managed services platform. The transaction represented a strategic play, the latest example of a larger trend among MSPs to consolidate regional knowledge under one leadership.

Standing on that track record, ITPartners+ made another merger in September 2024 with Trinity Worldwide Technologies, with headquarters in New Jersey. The integration of Trinity, which had a reputation for its cybersecurity and compliance solutions work, helped ITPartners+ advance its presence on the East Coast. The acquisition also meant an expansion trend in the MSP business direction towards specialized service acquisitions, whereby companies are not only buying others for their client base but also for their specialized technical capabilities. The managed services industry in North America amounted to around 150 billion dollars by 2024. It was expected to witness double-digit growth annually. For ITPartners+, this entry into New Jersey created closeness to significant commercial hubs while broadening its service offerings.

In May 2025, ITPartners+ moved further in its growth strategy through a consolidation with Cloud Server Techs, a North Carolina–based cloud hosting and infrastructure services provider. The transaction was a part of a wider effort to establish a more robust East Coast presence and increase its cloud service capabilities. By acquiring Cloud Server Techs, the company bolstered its position in server administration and business continuity. These domains have grown more important to contemporary business functions. The acquisition timing meshed well with the company’s overall financial plan during the year, indicating a strategic approach instead of opportunistic deal-making.

Central to these mergers was a major funding event that took place in June 2025. ITPartners+ announced it had secured a 30-million-dollar funding facility from New York–based Metropolitan Partners Group. Reports published by CRN and Yahoo Finance indicated that the financing would be used to accelerate mergers and acquisitions while maintaining the company’s founder-led structure. The company publicly stated that the capital would allow it to acquire complementary managed service providers and expand its geographic footprint across the United States and Canada. Such funding arrangements have become increasingly common in the managed services sector, where financial partners see opportunity in predictable recurring revenue models.

Industry coverage at the time underscored how the 30-million-dollar facility positioned ITPartners+ to participate in a wave of mergers and acquisitions. CRN reported that the company planned to pursue multiple acquisitions per year, targeting providers that shared similar service standards and customer bases. The strategy emphasized scalability without sacrificing operational consistency. ChannelE2E also covered the development, describing how ITPartners+ was mapping out its M&A path following the funding raise, illustrating how external capital can shape long-term growth trajectories within the IT services market.

From a market perspective, ITPartners+ has managed to establish itself within a competitive field by aligning its expansion with sector-wide trends. Rather than growing through rapid client acquisition alone, it has leveraged existing businesses that already held regional reputations. This has allowed it to scale operations faster while inheriting experienced teams and established infrastructures. The company’s merger-driven growth also fits within a familiar cycle seen across technology services industries, where companies balance innovation with financial backing to sustain momentum.

As of 2025, the company’s approach to M&A remains a defining feature of its growth narrative. The funding from Metropolitan Partners Group, coupled with targeted mergers, reflects a calculated strategy that continues to transform a regional IT firm into a multi-state provider with diversified capabilities. These developments have drawn steady attention from industry media, including CRN, ChannelE2E, and Inc., all of which have documented the company’s evolving role in the managed services ecosystem.