Analysis and Observations from Worklyn
2023 IT and Cyber Market Reflections
Despite dire predictions from many macro-economists in 2022, 2023 was a year of recovery rather than recession for the US economy. But the road was far bumpier for most enterprise software, IT, and cybersecurity companies.
Worklyn Partners Announces Investment in Denver-based NOYNIM IT Solutions
The strategic acquisition strengthens the Worklyn Managed IT portfolio, adding the Microsoft / Cisco certified partner to their growing ecosystem of Managed IT, networking, and cybersecurity partners.
Why Private Equity Firms should make cybersecurity diligence as important as “quality of earnings” for New Acquisitions
Private Equity Firms are a prime target for cyberattacks for a multitude of reasons. Here’s why firms should make cybersecurity diligence as important as any other step for new acquisitions.
Press Release: Worklyn Announces Acquisition of NetXperts
Worklyn Partners acquired NetXperts, a California-based Cisco Gold Certified Partner and leading provider of network engineering, IT, and networking solutions for West Coast Public Sector entities.
Press Release: Worklyn Partners Announces Acquisition of Quadrant Information Security
Debut growth equity firm gets to work with investment in a growing provider of managed detection and response (MDR) services powered by proprietary security analytics software.
7 Do’s and Don’ts to Consider When Selling Your IT Services Company: June 2021
With business valuations at historical peaks, the new administration poised to raise capital gains taxes, and more private equity firms aggressively hunting for recurring revenue from managed services providers, 2021 is shaping up to see the most MSP merger and acquisition activity to date.
All of this activity has some business owners wondering: “Is now the time to sell my IT services business?” Whether you think you’re ready to sell tomorrow or in three years, there are some guidelines worth considering sooner rather than later. Understanding the “do’s and don’ts” below will help prepare your business for a clean, value-maximizing sale, while avoiding the horrors of a broken deal.
Worklyn’s Post-Pandemic Predictions: March 2021
While the battle against COVID is not yet won, the arrival of spring and the increasing availability of vaccines for all who want them allow us to start looking ahead to the post-pandemic world for IT and cybersecurity services providers.Is remote work here to stay? Will the breakneck pace of cloud transformation continue to accelerate? What about the slew of ransomware attacks afflicting businesses small and large? What’s next for MSPs and MSSPs, and how will M&A dynamics in this industry evolve? Check out Worklyn’s Top Five Predictions for IT and Cybersecurity services in the post-pandemic world below for our thoughts:
2020 Reflections: Top 10 Takeaways from the Intersection of Cybersecurity and IT Services
Over the past six months, Johnny, Zack, and the Worklyn analysts went to school on cybersecurity and IT, speaking with over 250 experts, executives, advisors, and investors in the market as we prepare to build a platform at the intersection of cyber and IT services. Here’s a bit of what we learned, in story form.