DivergeIT Secures Strategic Investment from M|C Partners

DivergeIT, a leading managed IT services and managed security services provider (MSP/MSSP), has secured a strategic investment from M|C Partners, a private equity firm focused on technology services and digital infrastructure. The investment will support DivergeIT’s expansion, talent and technology investments, and pursuit of complementary managed service providers.

According to the terms of the agreement, Jarrod Koch, CEO of DivergeIT, will continue to lead the company. Koch will work closely with M|C Partners to identify and integrate acquisition targets while scaling DivergeIT's organic growth. The strategic partnership is aimed at accelerating DivergeIT's growth and innovation, establishing the company as a platform for acquiring additional managed service providers.

Jarrod Koch, CEO of DivergeIT, expressed his excitement about the new partnership: "This collaboration with M|C Partners marks a new chapter for DivergeIT. Our team has consistently focused on delivering excellent customer service and launching new products to meet the evolving technology needs of our clients. With M|C Partners' support, we are poised to build on this foundation, invest in our people and platform, and bring other outstanding MSPs into the DivergeIT family."

Arvind Viswanathan, a Principal at M|C Partners, added, "DivergeIT's track record is a testament to their impressive customer-first culture. As IT environments grow increasingly complex and AI reshapes the technology stack, we see significant opportunities for DivergeIT to continue serving as a trusted IT advisor and service provider, and establish itself as a leading platform in the fragmented MSP market."

Gillis Cashman, Managing Partner at M|C Partners, echoed Viswanathan's sentiments, stating, "We are excited to partner with Jarrod and his team through their next phase of growth. They have built an exceptional foundation for an industry-leading MSP, and we believe they are well-positioned to continue their success."

The investment will enable DivergeIT to broaden its service portfolio, invest in talent and technology, and pursue additional managed service providers as acquisition targets. This move is part of M|C Partners' strategy of partnering with market-leading platforms to drive both organic expansion and disciplined, accretive acquisitions.

DivergeIT has a long history of delivering enterprise-grade IT support to mid-sized businesses and enterprises across the United States. The company has maintained high customer satisfaction and retention scores, and this investment is expected to further enhance its capabilities and service offerings.

In a statement, M|C Partners highlighted their commitment to the technology services sector, noting that they have invested $3 billion of capital in over 150 companies since 1993. Koch reaffirmed DivergeIT's commitment to its clients, stating, "Our team's focus on doing right by our clients has been the cornerstone of our success. With M|C Partners' backing, we are excited to continue building on that foundation."

The transaction underscores M|C Partners' ongoing commitment to the technology services sector and its strategy of partnering with leading platforms to drive growth and innovation. DivergeIT is now well-positioned to expand its services and acquire complementary managed service providers, solidifying its place as a leading player in the managed services market.